Snowflake to acquire Crunchy Data for $250 million to expand AI capabilities

TL;DR Summary
Snowflake is acquiring Crunchy Data, a Postgres database company, in a deal estimated at around $250 million, to enhance its database offerings and support AI-driven data solutions, including the upcoming launch of Snowflake Postgres.
- Snowflake to acquire database startup Crunchy Data TechCrunch
- Snowflake to buy database startup Crunchy Data for about $250 million CNBC
- Snowflake Answers Databricks Neon Deal With Crunchy Data Purchase Investor's Business Daily
- Snowflake expands AI capabilities with $250 million Crunchy Data deal - WSJ Yahoo Finance
- Snowflake announces deal to acquire Crunchy Data (SNOW:NYSE) Seeking Alpha
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