Sarah Conway<p>Just announced: <a href="https://infosec.exchange/tags/SnowflakeDB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SnowflakeDB</span></a> to acquire <a href="https://infosec.exchange/tags/CrunchyData" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CrunchyData</span></a>, a PostgreSQL startup, in order to help Snowflake "to win over customers seeking to build their own artificial intelligence agents. The deal is valued at roughly $250 million, according to a person familiar with the matter."</p><p><a href="https://www.wsj.com/articles/snowflake-to-buy-crunchy-data-for-250-million-233543ab" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/articles/snowflake-to-</span><span class="invisible">buy-crunchy-data-for-250-million-233543ab</span></a></p><p>This development closely follows Databricks' acquisition of Neon earlier in May:</p><p><a href="https://www.wsj.com/articles/databricks-to-buy-startup-neon-for-1-billion-fdded971" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/articles/databricks-to</span><span class="invisible">-buy-startup-neon-for-1-billion-fdded971</span></a></p><p><a href="https://infosec.exchange/tags/Tech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Tech</span></a> <a href="https://infosec.exchange/tags/techstartup" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>techstartup</span></a> <a href="https://infosec.exchange/tags/business" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>business</span></a> <a href="https://infosec.exchange/tags/entrepreneur" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>entrepreneur</span></a> <a href="https://infosec.exchange/tags/opensource" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>opensource</span></a> <a href="https://infosec.exchange/tags/foss" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>foss</span></a> <a href="https://infosec.exchange/tags/oss" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>oss</span></a> <a href="https://infosec.exchange/tags/ai" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ai</span></a> <a href="https://infosec.exchange/tags/ml" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ml</span></a> <a href="https://infosec.exchange/tags/technews" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>technews</span></a></p>