Snowflake CEO Sridhar Ramaswamy reported that Zhipu AI's GLM-5.2 model nearly matches Anthropic's Claude Opus 4.7 in a benchmark of 103 coding tasks, while costing one-fifth as much per output token, …
Microsoft CEO Satya Nadella warned that a few AI winners could hollow out entire industries by capturing all economic value and corporate knowledge, comparing the dynamic to the negative effects of gl…
Hyatt CEO Mark Hoplamazian said Tuesday that AI-powered sales tools are saving the company's salespeople roughly one full day of work per week while increasing Hyatt's market share of group bookings. …
Snowflake announced CoCo, a model-agnostic coding agent, and Datastream, a fully managed Kafka-compatible streaming service, at Snowflake Summit 2026. CoCo Desktop is now generally available, scoring …
Snowflake CEO Sridhar Ramaswamy reported a blowout first quarter with 33% year-over-year revenue growth, the fastest pace in two years, sending shares up 36% and extending five-day gains past 50%. The…
Software stocks surged in late May, led by Snowflake and Okta, as investors rewarded companies with visible AI strategies, with the iShares software ETF rising 8% for the week and closing May up 21%—i…
Snowflake reported $1.39 billion in revenue for the first quarter of fiscal 2027, a 33% year-over-year increase, with product revenue reaching $1.33 billion. The company also announced a $6 billion mu…
Snowflake Inc. shares surged as much as 36% on Thursday, their biggest intraday gain since September 2020, after the software maker raised its annual product revenue outlook to $5.84 billion and signe…