Snowflake Inc. (SNOW) Transitions into a Data Analysis and AI Platform

Snowflake Inc. (NYSE:SNOW) is one of the best tech stocks to buy for the long term. On September 8, the company affirmed its transformation from a data warehousing company to a comprehensive data analysis and AI platform.

The sentiments expressed at the Goldman Sachs Communicopia + Technology Conference 2025 signal the company’s transition into a full-fledged data and AI platform, aiming to rival tech giants. Consequently, Snowflake is continually innovating new products, such as Snowflake Intelligence and AI SQL, as part of its transition strategy.

The company is offering solutions that help enterprises unlock their potential with data and AI. Its solutions also allow users to access sales information and perform complex queries without the need for analysts. The acquisition of Crunchy Data has already strengthened Snowflake’s capabilities in hosting transactional data.

Snowflake Inc. (NYSE:SNOW) offers a cloud-based data platform that enables organizations to store, manage, analyze, and securely share data across multiple cloud providers. It functions as a fully managed, cloud-native data warehouse, providing tools for data engineering, analytics, AI, and application development.

While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.