June 2, 2025:
Snowflake Acquires Crunchy Data for AI Boost - Snowflake is acquiring Crunchy Data Solutions for $250 million to enhance its AI agent capabilities through the launch of Snowflake Postgres. This integration will combine PostgreSQL's popular database system with Snowflake's cloud data warehouse, simplifying the development and deployment of AI agents.
The acquisition helps Snowflake compete with rivals like Databricks, which recently acquired a PostgreSQL startup. Snowflake continues its push into AI technology, with its offering expected to streamline AI application development across multiple cloud platforms.
