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State Street has acquired PriceStats, a partner in inflation analytics, to enhance its data intelligence capabilities. The integration will support the launch of advanced economic indicators focused on inflation and employment. PriceStats co-founder will continue to collaborate with State Street on developing new products.
Databricks will acquire database startup Neon for approximately $1 billion, aiming to enhance its appeal to businesses developing artificial intelligence agents. The acquisition addresses challenges in connecting necessary data for AI applications, particularly as more AI agents take on coding and task execution roles.