<ul><li>Databricks announced a $1 billion acquisition of Neon, a startup building an open-source alternative to AWS Aurora Postgres.</li><li>Databricks aims to position itself as the place to build, deploy, and scale AI-native applications through high-profile acquisitions like Neon, MosaicML, and Tabular.</li><li>On TechCrunch's Equity podcast, the hosts discuss the Databricks-Neon deal, where Neon's serverless Postgres tech fits in the larger vision, and debate whether $1 billion is still considered 'a lot of money' these days.</li><li>Other topics covered in the podcast include Chime's IPO plans, AWS's 'strategic partnership' shaking up cloud infrastructure, and the resurgence of web series as investors place big bets on nostalgic trends.</li></ul>

Is $1 billion a lot of money these days?

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