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We recently published a list of 10 Trending AI Stocks on Wall Street Right Now. In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against other trending AI stocks on Wall Street right now.
On June 3rd, Snowflake Inc. (NYSE:SNOW) unveiled its next wave of compute innovations at its annual user conference, Snowflake Summit 2025. These innovations are designed to deliver faster performance, improved usability, and stronger price-performance value in the AI era.
The announcements include the general availability of its Standard Warehouse – Generation 2 (Gen2), an enhanced version of Snowflake’s virtual Standard Warehouse that promises to deliver 2.1x faster analytics performance and 1.9×2 faster analytics performance than Managed Spark.
It has also introduced Snowflake Adaptive Compute, which is now in private preview. The Adaptive Compute is a new compute service from Snowflake that improves resource management through automatic resource sizing and sharing.
“We’re reimagining what customers can expect from a modern data platform, delivering faster performance, easier scalability, and greater value for every dollar spent. Snowflake’s Gen2 more than doubles the speed of core analytics workloads, helping teams make quicker, data-driven decisions. Coupled with Adaptive Warehouses, we’re enabling customers with an easier, more efficient approach to platform management where resource decisions are automated and right-sized. This isn’t just about infrastructure improvements, it’s about preparing your business to innovate quickly in the fast-moving AI era.”
-Artin Avanes, Head of Core Data Platform, Snowflake.
Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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