Snowflake's Forecast Soars: AI Spending Drives Optimism

Snowflake's stock price soared 13% after hours thanks to an updated, higher revenue forecast driven by the AI boom. Enterprises are flocking to Snowflake's cloud-based platform to manage and analyze massive datasets, making it a key player in generative AI strategies and digital transformation. Is Snowflake the obvious choice for AI-hungry companies? Hosted on Acast. See acast.com/privacy for more information.