Reported about 19 hours ago
Snowflake has raised its annual product revenue forecast to $3.43 billion and announced a partnership with AI firm Anthropic to enhance its cloud services, driving a 19% surge in its share prices. This collaboration aims to integrate Anthropic's large language models, allowing Snowflake customers access to advanced AI capabilities for data analysis and visualization. The company also reported strong quarterly earnings, outperforming analysts' expectations.
Source: YAHOO