News

Artificial intelligence company Reka AI raised a $110 million funding round from investors including Nvidia Corp. and Snowflake Inc. — a deal that more than triples the startup’s valuation to over $1 ...
Reka AI, a Sunnyvale startup founded by ex?Google (NASDAQ:GOOG) and Meta (NASDAQ:META) researchers, just closed a 110 million ...
The Sunnyvale?based firm, founded in 2022 by Dani Yogatama and a team of AI veterans, designs bespoke large language models ...
Nvidia Corp. (NVDA) and Snowflake Inc. (SNOW) have teamed up to lead a new funding round in three-year-old artificial ...
Sunnyvale, California-based startup Reka AI raised $110M in funding from investors including Nvidia (NASDAQ:NVDA) and ...
Google’s and Meta Platforms’ unconventional multibillion-dollar deals to obtain artificial intelligence talent have dominated ...
Snowflake and Nvidia are teaming up to give Snowflake customers the ability to use their own data for proprietary AI creation. Adding this capability may actually be helping Snowflake play catch ...
Nvidia. At Snowflake's user conference in Las Vegas Monday, Snowflake Summit 2023, the cloud database maker announced a partnership with chip giant Nvidia that combines forces for processing so ...
Snowflake SNOW stock has gained about 27% year-to-date, underperforming the Nasdaq-100, which remains up by about 37%. Snowflake’s earnings have been stronger than expected. Over Q1 FY’24 ...
Snowflake, with its robust data infrastructure, serves as the repository for this valuable corporate data, while Nvidia provides the intelligence engine to extract insights and develop customized ...
So, to answer whether Snowflake can become the next Nvidia-like stock, I'd say no. Snowflake isn't growing fast enough, has no sense of profitability, and is quite expensive already.
Nvidia (NASDAQ: NVDA) and Snowflake (NYSE: SNOW) represent two different ways to invest in the growing artificial intelligence (AI) market. Nvidia is the world's largest producer of discrete GPUs ...