Here's How Much Snowflake Spent on Research and Development Last Quarter

Developing artificial intelligence products isn't cheap, and Snowflake certainly isn't holding back.Snowflake's (SNOW -3.45%) flagship product is the Data Cloud, which helps organizations break down data silos to extract more value from the information they harvest from their operations. Since data is the key to developing the most powerful artificial intelligence (AI) models, Snowflake is in the perfect position to build products for that industry.The company launched its Cortex AI platform in 2023, which ...