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Snowflake targets PostgreSQL enterprise gains with Crunchy Data acquisition

Snowflake has announced plans to acquire open source Postgres provider Crunchy Data in a move the firm says will accelerate secure agentic AI development. The deal, announced at the Snowflake Summit in San Francisco this week, will bring Snowflake Postgres to the company’s flagship AI Data Cloud service. In a statement confirming the acquisition, Snowflake said this will combine the…