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SAN FRANCISCO--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, its intent to acquire Crunchy Data, a leading provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade and developer-friendly PostgreSQL database to the AI Data Cloud, enabling developers with the full power of Postgres while providing the uncompromising gov.
Data analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, a person familiar with the matter told CNBC.
The cloud data company aims to attract customers who want to build their own AI agents.
SAN FRANCISCO--(BUSINESS WIRE)--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, that Canva, the world's leading visual communication platform, is leveraging Snowflake to enhance both the user experience for its global community and drive significant growth in its B2B segment as it expands its relevance and impact across the enterprise. By harnessing the power of Snowflake's platform, Canva is accelerating the delivery of n.
SAN FRANCISCO--(BUSINESS WIRE)--Qlik's new Snowflake capabilities enable real-time data streaming, Iceberg optimization, and AI-ready architectures for faster insights.
Wedbush analyst Dan Ives believes the AI boom will charge ahead at full throttle in the back half of 2025. Trump tariffs and their potential impact on the global economy have sparked concerns of a potential artificial intelligence slowdown in recent months.
Technology stocks have been under pressure this year due to the tariff-fueled turmoil, as evident from the flat performance of the Nasdaq Composite so far in 2025 (it was down as much as 24% at one point). But shares of Palantir Technologies (PLTR 7.69%) and Snowflake (SNOW 1.75%) have defied the sell-off and have clocked impressive gains.
Shares of Snowflake (SNOW 1.75%) have taken off impressively in the past month amid the broader recovery in tech stocks, with gains of 29% as of this writing. It looks like the data-cloud platform provider's growth is here to stay following its latest quarterly report, which sent its shares soaring.
SAN FRANCISCO, May 30, 2025 (GLOBE NEWSWIRE) -- Yuki, the leader in automated cost optimization for Snowflake, has released its first flagship gated asset: The Ultimate Guide to Snowflake Optimization (2025 Edition) , a hands-on playbook for data teams, FinOps leaders, and platform owners navigating the growing complexity (and cost) of large-scale Snowflake environments.
Following Nvidia's (NVDA) earnings beat, Zeno Merce says this report is just the beginning. With A.I. adoption accelerating globally, Mercer sees Nvidia's stock price potentially reaching new highs, especially if a deal with China can be reached.