Snowflake, headquartered in Bozeman, Montana, provides cloud data warehousing software and employs 7,004 people. Its platform enables data consolidation, AI applications, and supports various workloads with scalable architecture.
SNOW has been in the news recently: Snowflake Inc. (NYSE:SNOW) experienced a decline in stock price following third-quarter results that indicated slowing product revenue growth and a less favorable outlook. Despite this, the company achieved a $100 million annualized AI revenue run rate a quarter ahead of schedule, demonstrating significant real-world usage according to CEO Sridhar Ramaswamy.
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