Blast News: Databricks Acquires Neon

Third Billion-Dollar Bet Raises the AI Stakes

Another billion-dollar morning for Databricks. With the acquisition of Neon, the company marks its third $1B+ move in recent years, following MosaicML and Tabular. This is strategy, not impulse—each acquisition sharpening the edge, each piece making the Lakehouse harder to match.

Neon isn’t just any startup. It’s serverless Postgres, built cloud-first. Compute and storage, split for speed and scale. Databases are spun up in seconds—over eighty percent by AI agents, not humans. This is the future: fast, seamless, made for intelligent automation.

Both Databricks and Snowflake, fierce rivals, backed Neon in its Series B. Now Databricks owns the platform outright, taking the prize both companies helped raise. It’s not just a win—it’s a message: Databricks is moving fast, pulling the best technology in close, and leaving no daylight for competitors.

With MosaicML, Tabular, and now Neon, Databricks is fusing AI, analytics, and transactions into a single, unified system. The goal is clear: build the foundation for the next decade of data and AI.

Neon’s team joins the fold. The vision doesn’t change, but the ambition grows. Deal closes by July 31, unless the world gets in the way.

The lesson is simple. Build with purpose. Move without hesitation. Let the competition watch you set the pace. Databricks isn’t just buying startups—it’s building the future.