June 2, 2025:
Snowflake Boosts AI Cloud with Crunchy Data Buy - During the Snowflake Summit 2025, Snowflake announced plans to acquire Crunchy Data, a leading open-source Postgres company. This acquisition aims to launch Snowflake Postgres, enhancing their AI Data Cloud with enterprise-grade PostgreSQL capabilities, including improved security and governance for AI applications.
This move supports Snowflake's goal to dominate the $350 billion data and AI market by leveraging Crunchy Data's expertise. It ensures robust support for existing customers and expands transactional data capabilities. Snowflake Postgres will soon be available in private preview.
