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tz-plus logo Tracking the Pivotal Point of Snowflake: Government Billions and AI Boost Fuel Growth!

W. Zussner
Reading Time: 1 minute

Snowflake is a leading provider of cloud-based data platforms. The company is benefiting greatly from the global trend towards digital transformation, as companies move their data infrastructure to the cloud. The platform enables customers to store, analyze, and share large amounts of data centrally, which is particularly crucial for the development of applications in artificial intelligence. On August 28, 2025, Snowflake's stock experienced a massive surge of over 20%, triggered by a combination of positive news. Snowflake surpassed market expectations...

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