AI Index / Snowflake Inc.
Snowflake Inc. (SNOW)
Snowflake integrates AI into its data cloud platform, enabling businesses to run machine learning models and analyze large datasets at scale. AI-powered features help organizations optimize their data storage and query performance, while machine learning is used to offer predictive insights and automate data management tasks. Snowflake also partners with AI companies to expand its capabilities in data science and analytics.
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Location: US
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Market Cap: $68.2B
link
https://www.snowflake.com
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Right now, Snowflake is the most consequential data and AI company on the planet. As I said in our third-quarter call, our North Star is to deliver the world's best end-to-end data platform powered by AI and we are making great progress every day to deliver on that vision.
- Sridhar Ramaswamy
Quotes from snowflake Executives About Artificial Intelligence and Generative AI
Fiserv, a global provider of payments and financial technology, for example, is transforming how businesses and financial institutions use data by providing them with their own analytics platform through Snowflake. This empowers Fiserv customers to have access to insights from their transaction data, combine it with market information and train their own AI models, enabling smarter business decisions that were previously only possible for large enterprises.
- Sridhar Ramaswamy
For example, supply chain leader Blue Yonder leverages Snowflake's robust data management capabilities and scale to help companies transform their operations by offering AI-powered insights. The Blue Yonder platform processes over 20 billion AI predictions daily to help retailers, manufacturers, and logistics providers better manage inventory, optimize deliveries and respond to disruptions.
- Sridhar Ramaswamy
...last year was foundational for us. We introduced Cortex AI... We are supporting a range of market-leading models... And I'm sure you saw that we just announced our expanded partnership with Microsoft that brings OpenAI's models into Cortex.
- Sridhar Ramaswamy
...we introduced Cortex Agents... They leverage Cortex Analysts and Cortex Search to deliver state-of-the-art accuracy along with enterprise-grade reliability...
- Sridhar Ramaswamy
...we announced that we are deepening our partnership with Microsoft. We are making Cortex Agents available in Microsoft 365 Copilot...
- Sridhar Ramaswamy
...over 4,000 customers using our AI and ML technology on a weekly basis. Take AstraZeneca... they're accelerating drug discovery... State Street... is using Snowflake AI...