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This Company Begins to Monetize Artificial Intelligence and Its Action Shoots 36%

Summary by Bloomberg Linea
Snowflake shoots about 36.7% on the stock market after presenting results that showed an unexpected acceleration in its artificial intelligence business.The company raised its annual revenue forecast by $180 million after a sharp increase in consumption associated with Cortex Code, its AI agent tool launched in February.See more: Less Dollar, more AI and emerging: this is how big fortunes are being invested, according to UBSThe focus was on that…
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Snowflake shoots about 36.7% on the stock market after presenting results that showed an unexpected acceleration in its artificial intelligence business.The company raised its annual revenue forecast by $180 million after a sharp increase in consumption associated with Cortex Code, its AI agent tool launched in February.See more: Less Dollar, more AI and emerging: this is how big fortunes are being invested, according to UBSThe focus was on that…

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Bloomberg Linea broke the news on Thursday, May 28, 2026.
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