Snowflake Rides on Enterprise AI Adoption: A Sign for More Upside?

Key Takeaways SNOW reached a $100M AI revenue run rate a quarter ahead of expectations. Snowflake rolled out Semantic View Autopilot, Cortex tools, and real-time model deployment. SNOW faces Amazon and Oracle competition as shares fell 8.6% in 12 months. Snowflake (SNOW) is benefiting significantly from the growing adoption of enterprise AI, positioning itself as a key player in the ongoing AI revolution. With a $100 million AI revenue run rate achieved a quarter earlier than anticipated, Snowflake has demo ...