Databricks acquired Neon, a database software startup, for $1 billion.

June 3rd 2025

  • Databricks acquired Neon, a database software startup, for $1 billion.

  • eToro raised $310 million in its IPO at a $4.2 billion valuation.

  • PsiQuantum was raising $750 million at a $6 billion pre-money valuation.

  • xAI was raising $5 billion in a debt offering along with a $300 million share sale at $113 billion valuation.

The news articles and links presented below are available for your reference

DATABRICKS

Databricks is buying database startup Neon for about $1 billion

ETORO

Stock trading app eToro pops 29% in Nasdaq debut after pricing IPO above expected range

PSIQUANTUM

Nvidia in advanced talks to invest in PsiQuantum, The Information reports

XAI

Musk's xAI launches $5 billion debt sale, seeks $113 billion valuation, media reports say

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