Enterprise Alert: PostgresSQL Just Became The Database You Can't Ignore For AI Applications
VentureBeat, Monday, June 2nd, 2025
The open-source PostgreSQL (sometimes also referred to as Postgres) is apparently a very hot commodity for big enterprise data platform vendors.
Snowflake is acquiring privately-held PostgreSQL provider Crunchy Data, in a deal that is reportedly valued at $250 million. The acquisition comes barely two weeks after Snowflake's rival Databricks acquired serverless PostgreSQL vendor Neon. The pair of PostgreSQL acquisitions highlights the critical importance of the open-source database to modern enterprise data and AI workflows.