Summary

  • Snowflake is acquiring PostgreSQL provider Crunchy Data for $250m, just two weeks after rival Databricks acquired a similar firm.
  • The acquisitions highlight the importance of PostgreSQL to modern enterprise data and AI workflows, with many seeing the open-source database as a de facto standard for developers.
  • Snowflake’s acquisition of Crunchy will look to combine the company’s Postgres capabilities with Snowflake’s data platform to simplify the building, deployment and scaling of AI agents and applications.
  • PostgreSQL is increasingly popular with developers for agentic AI, as well as being a solid bedrock for enterprise users, with Google, Amazon, Microsoft and many others already supporting it.

By Sean Michael Kerner

Original Article