AI is forcing the data industry to consolidate but thats not the whole story | TechCrunch

Image for article AI is forcing the data industry to consolidate but thats not the whole story | TechCrunch
News Source : TechCrunch

News Summary

  • The data industry is on the verge of a drastic transformation
  • Databricks bought Neon for $1 billion and Salesforce snapped up Informatica for $8 billion
  • These companies are being bought in hopes the acquired technology will be the missing piece needed to get enterprises to adopt AI
The data industry is on the verge of a drastic transformation.The market is consolidating. And if the deal flow in the past two months is any indicator with Databricks buying Neon for $1 billion an [+6672 chars]

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