Databricks announced general availability of Lakebase, its serverless Postgres product for AI agents, which reached $100 million in annual recurring revenue in its first year. The company also closed …
This week's COSS newsletter reports that Stripe is in talks to acquire OpenRouter for over $7 billion, Databricks acquired Electric, and Dynatrace acquired Arize. Temporal is reportedly raising $500 m…
Databricks acquired Electric, the team behind the WebAssembly Postgres project PGlite and the Electric sync engine, on August 11, with Electric joining Neon, the serverless Postgres company Databricks…
Databricks has acquired Electric, a startup specializing in WebAssembly-based Postgres databases, to embed local databases directly into AI agent environments. The technology, including PGlite and Ele…
Databricks raised $5 billion at a $190 billion valuation, up from its earlier $188 billion valuation, after investor demand reached $15 billion against the company's initial target of $1 billion, CEO …
Databricks is acquiring Electric to bring PGlite, a WebAssembly-based Postgres database that runs locally in browsers and Node.js, and its synchronization engine into its Lakebase architecture for AI …
Databricks is acquiring Electric, a startup that provides WebAssembly-based Postgres databases for application environments, for an undisclosed sum, to enable developers to run data closer to AI agent…
Databricks has acquired Electric, the developer of PGLite and the Electric Sync Engine, to bring distributed state and real-time data synchronization to AI agent teams, extending its Postgres capabili…
Electric, the open-source sync engine, is joining Databricks to integrate its data primitives and reactivity into Lakebase, aiming to make it the best platform for building apps and agents. The compan…
Databricks acquired Electric, a company known for its lightweight database PGlite, which enables AI coding on mobile devices. The acquisition allows developers to run AI agents on low-powered devices …
Databricks announced that Electric, the team behind PGlite and the Electric sync engine, is joining the Neon team within Databricks, bringing lightweight WASM Postgres and real-time sync to Neon. PGli…
Databricks has acquired Electric, the company behind PGlite and a real-time sync engine, to bring WASM Postgres to AI agent sandboxes and extend its Postgres capabilities from the lakehouse to the edg…