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No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #snowflakesummit--Snowflake Inc. (NYSE: SNOW) (“Snowflake”), the AI Data Cloud Company, today announced that it intends to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of its Convertible Senior Notes due 2027 (the “2027 notes”) and $1.0 billion aggregate principal amount of its Convertible Senior Notes due 2029 (the “2029 notes,” and together with the 2027 notes, the “notes”) in a private placement (the “offering”).
Snowflake's growth has tumbled despite the huge AI trend -- and expenses are up. But better days may be ahead if management follows through on its recent promise.
SAN FRANCISCO--(BUSINESS WIRE)--SingleStore announces its availability as a Snowflake Native App on Snowflake Marketplace.
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Snowflake is done buying GPUs until revenue materializes, which is a show to the artificial intelligence growth story.
Snowflake Inc. (NYSE:SNOW ) Goldman Sachs Communacopia + Technology Conference September 12, 2024 ET Company Participants Mike Scarpelli - CFO Conference Call Participants Kash Rangan - Goldman Sachs Kash Rangan If we have such a large gathering on the last day of a four-day conference, it has to be the company. Mike Scarpelli I don't know, but I think it's you, Kash, that they all want to see.
Snowflake is working to increase its capabilities in data management for enterprises and institutions alike.
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SoundHound AI expects its growth to accelerate again. Snowflake's growth is cooling off as it faces an uncertain future.
Snowflake reported strong FY2Q25 results, raising revenue guidance for FY2025 while maintaining profitability guidance. The growth in high quality customers, two nine-figure deals achieved this quarter, and commentary about signs of a stable optimization environment point to strong execution by the go-to-market team. Management does not expect any impact from the cybersecurity incident and has taken a more proactive approach to discuss security issues with customers.