Reported 4 months ago
Snowflake Inc.'s new CEO Sridhar Ramaswamy is exploring artificial intelligence deals to stay competitive with Databricks Inc. and cloud giants like Microsoft and Amazon. Despite a recent drop in sales growth, the company is focusing on AI investments, considering acquisitions opportunistically, and recruiting top AI talent. Snowflake also announced new products to enhance data access and analysis capabilities, emphasizing its competitiveness in the AI space against key rivals.
Source: YAHOO