Snowflake Inc‘s (NYSE:SNOW) earnings call may have marked one of the clearest signs yet that AI is starting to move from experimentation into real enterprise monetization.
The company's shares surged more than 35% premarket after management directly tied accelerating growth to adoption of its AI products, particularly Cortex Code, or "Cocoa," its AI-powered coding and workflow platform.
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More importantly, Snowflake no longer appears to be framing AI as merely a future opportunity.
It says AI is actively driving the business right now.
