MarketPR
Companies building AI tools on their own data are choosing Snowflake's platform in increasing numbers, and that demand drove results and a forward outlook that came in well ahead of analyst estimates.
Snowflake shares soared on the print. The pattern is becoming a defining feature of the AI buildout.
Businesses that want to run AI applications on proprietary information need a platform to house and query the underlying data.
Snowflake has become a destination for that workload, and the expanding number of companies routing through it pushed revenue growth beyond what the market had expected.
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