ClickHouse database is open-sourced, and it makes money by selling managed cloud services, which saw annual recurring revenue ...
Cloud data firm Snowflake will buy AI-powered observability leader Observe to expand its capabilities in a $50+ billion IT ...
Enterprises have often dreamed about AI systems that can reason across their most sensitive data, execute multistep tasks, and explain their logic while remaining inside a highly governed environment.
Snowflake expects fourth-quarter product revenue in the range of $1.195 billion to $1.20 billion (up around 27% year-over-year). Through the newly formed Accenture Snowflake Business Group, the ...
Snowflake Inc. gave an outlook for operating margin that fell short of analysts’ estimates, raising concerns among investors about the profitability of new AI-based tools. Adjusted operating income ...
Snowflake developed the innovative Data Cloud, which helps businesses aggregate their valuable data across different cloud platforms. The company also offers an expanding portfolio of services to help ...
Artificial intelligence has entered its infrastructure era. The most meaningful breakthroughs are no longer happening in research labs or benchmark leaderboards, but in the systems that connect AI ...
The company continues to expand its AI Data Cloud, with half of new customers using Snowflake for AI workloads and 25% engaging its AI capabilities weekly. It is a sign that its innovation engine and ...
Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Snowflake exceeded Q2 revenue and earnings expectations, leading to ...
Snowflake now offers MCP support. The company also debuted an AI suite for financial institutions. Both aim to make agentic AI more secure for sensitive datasets. On Thursday, data platform Snowflake ...
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