Databricks Makes a $1B AI Move – Here’s Why

Plus: Meta faces EU lawsuit, Tether’s edge AI push, and a new AI agent from DeepMind.

Author

Dr. Hernani Costa
May 17, 2025

Good morning! It’s Friday, May 16, 2025, and here’s your daily dose of AI news from First AI Movers Pro. Let’s dive into today’s top stories.

Databricks has announced its agreement to acquire database startup Neon for approximately $1 billion

This move aims to enhance its AI capabilities and attract businesses seeking to develop AI agents. Neon's cloud-based platform, built on PostgreSQL, is tailored for developers and AI bots building apps and websites. The acquisition addresses a key challenge businesses face in AI deployment: enabling AI agents to rapidly create and integrate databases to support their operations. Currently, over 80% of databases are created by AI agents.

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