Snowflake acquires Crunchy Data to enhance AI Agent capabilities

Wallstreetcn
2025.06.04 23:22

Global cloud database giant Snowflake announced on its official website the acquisition of Crunchy Data, while also launching Snowflake Postgres, a new type of Postgres database designed to meet the needs of enterprise-level, large-scale, mission-critical AI and transactional systems. It will help enterprises accelerate AI Agents, simplify data management, and provide a secure and compliant database solution suitable for various industries, including Fortune 500 financial institutions, large-scale SaaS companies, and federal agencies