Just announced: #SnowflakeDB to acquire #CrunchyData, a PostgreSQL startup, in order to help Snowflake "to win over customers seeking to build their own artificial intelligence agents. The deal is valued at roughly $250 million, according to a person familiar with the matter."
https://www.wsj.com/articles/snowflake-to-buy-crunchy-data-for-250-million-233543ab
This development closely follows Databricks' acquisition of Neon earlier in May:
https://www.wsj.com/articles/databricks-to-buy-startup-neon-for-1-billion-fdded971