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Benzinga

Business

Surbhi Jain

Snowflake Has Already Hit $100 Million AI Run-Rate, CEO Says: 'Real Usage...Not Hype'

Snowflake SNOW Sridhar Ramaswamy

Snowflake Tops Picks

Snowflake Inc (NYSE:SNOW) smashed through its AI milestone a quarter ahead of expectations, reaching a $100 million annualized AI revenue run rate earlier than forecast. CEO Sridhar Ramaswamy emphasized that the number isn't cosmetic or speculative. "This milestone $100 million AI revenue run rate reflects real-world production usage — not a forecast slide," he said over the company’s third quarter earnings call.

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One subscription that gives you access to news from hundreds of sites

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Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

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