The AI revolution is currently underway, with companies like Microsoft and Nvidia leading the pack due to their involvement in OpenAI’s generative AI innovation. This shift towards AI technologies is reshaping the stock market and could potentially have long-term effects on the global economy. The economic impact of AI is a complex issue that involves … Read more
After the bell, several companies made headlines in the stock market. Nvidia saw a 4% increase after announcing a 10-for-1 stock split and beating Wall Street estimates for the first fiscal quarter. Snowflake also rose over 5% as its fiscal first-quarter revenue exceeded Street expectations. However, VF Corp. experienced a 9% decline due to an … Read more
Snowflake CEO Sridhar Ramaswamy spoke about the partnership between his company and Nvidia in an interview with CNBC’s Jim Cramer. The collaboration between the two companies involves leveraging artificial intelligence technology. Article Source https://www.cnbc.com/2024/05/22/snowflake-ceo-talks-collaboration-with-nvidia-theres-a-lot-to-come.html
Microsoft has announced an expansion of its partnership with Snowflake, which will enable bidirectional data access between Snowflake and Microsoft Fabric OneLake. This collaboration aims to provide customers with a seamless data experience by supporting Iceberg and Delta Lake in Microsoft Fabric OneLake. With the launch of Fabric, Microsoft is introducing OneLake, a single unified … Read more
Microsoft is expanding its partnership with Snowflake to enable bi-directional access to data for joint clients. This initiative will enhance interoperability between Microsoft Fabric and Snowflake’s data cloud, reducing the need for multiple copies of data in different locations and generating cost savings for customers. By adopting open standards and collaborating with industry partners, Microsoft … Read more