Snowflake CEO Targets AI Acquisitions To Boost Growth: Report
Snowflake CEO Targets AI Acquisitions To Boost Growth: Report
Snowflake Inc (NYSE:SNOW) new Chief Executive Officer Sridhar Ramaswamy is strategically targeting artificial intelligence acquisitions to stay ahead of rivals such as Databricks Inc. and major cloud computing companies.
Snowflake公司（紐交所：SNOW）的新任首席執行官Sridhar Ramaswamy正在有策略地尋求人工智能收購，以保持領先優勢，如對手Databricks Inc.和其他大型雲計算公司。
Snowflake recently engaged in discussions to purchase Reka AI for over $1 billion, but the deal did not materialize. In April, Snowflake introduced its own large language model, Arctic, and supports other LLMs like OpenAI on its platform.
最近，Snowflake進行了與Reka AI進行10億美元以上的收購的討論，但這筆交易沒有實現。今年4月，Snowflake推出了自己的大語言模型Arctic，並在其平台上支持其他LLM，如OpenAI。
Last month, Snowflake revealed plans to onboard approximately 35 employees from AI startup TruEra, which secured $25 million in funding in 2022, reported Bloomberg.
上個月，Snowflake透露計劃吸收來自AI初創公司TruEra的約35名員工，該公司於2022年獲得2500萬美元的資金，彭博社報道。
"We will be on the lookout for acquisitions opportunistically," Ramaswamy stated, which the report quoted, emphasizing Snowflake's focus on recruiting top AI talent. "The number of people, in my opinion, that can train truly world-class foundation models right now is vanishingly small — I would say like a couple hundred people."
"我們將有機會尋求收購機會，"Ramaswamy表示，報告強調了Snowflake招募頂尖AI人才的重點。 "目前真正可以訓練到世界一流基礎模型的人數是微乎其微的，我認爲只有幾百人。"
Ramaswamy, who transitioned from Google and co-founded Neeva, stepped into the CEO role earlier this year.
Ramaswamy今年早些時候從Google轉入首席執行官職位，並共同創立了Neeva。他的主要目標是振興營收增長，而企業技術預算的限制一直阻礙着這項工作。根據報告，該策略的重要組成部分包括對人工智能的投資。
His primary objective is to revitalize revenue growth, which has been hampered by constrained corporate technology budgets. A significant part of this strategy includes investments in AI, per the report.
Snowflake與英偉達合作進行人工智能革命：詳情請見本文。
Also Read: Snowflake & NVIDIA Team Up For AI Revolution: Details
另請閱讀然而，投資者已經變得謹慎，因爲Snowflake的銷售增長從截至2023年1月的69%放緩到了預計的截至2025年1月的24%。Snowflake的股票已經累計下跌了30%。
However, investors have grown wary as Snowflake's sales growth decelerated from 69% in the year ending January 2023 to an anticipated 24% for the current fiscal year ending January 2025. Snowflake's stock has plummeted 30% year-to-date.
與數據和人工智能公司Databricks在幾個領域競爭，Snowflake必須增強像無縫數據利用跨不同存儲系統等功能，Ramaswamy解釋道。
Competing with Data and AI company Databricks in several sectors, Snowflake must enhance functionalities like seamless data utilization across different storage systems, Ramaswamy explained.
昨天，Databricks宣佈已同意收購Tabular，這是由Ryan Blue、Daniel Weeks和Jason Reid創立的一家數據管理公司。報告指出，Databricks的數據倉庫產品銷售去年增長了200%，到2023年底達到了2.5億美元的年營收。
Yesterday, Databricks announced it has agreed to acquire Tabular, a data management company founded by Ryan Blue, Daniel Weeks, and Jason Reid.
“如果您從事存儲數據和獲得數據洞見的業務，我們是比需要縫合多個服務來完成同樣任務的方式更簡單、更愉悅的方式，”Ramaswamy就與Databricks的競爭問題發表評論。
Databricks reported a 200% surge in sales of its data warehousing product last year, achieving a $250 million annual revenue run rate by the end of 2023, the report noted.
投資者一直對Snowflake的人工智能相關性和對抗Databricks以及像Microsoft Corp.（納斯達克股票代碼：MSFT）和亞馬遜公司（納斯達克股票代碼：AMZN）亞馬遜網絡服務之類的雲巨頭的競爭地位保持關注。Snowflake股票在過去12個月中已經下跌了超過26%。投資者可以通過TrueShares Technology、AI&Deep Learning ETF（紐交所：LRNZ）和Global X Cloud Computing ETF（納斯達克：CLOU）獲得該股票的收益。
"If you're in the business of storing data and getting insights from it, we're just a much easier and more pleasant way to do it as opposed to needing to stitch together multiple services in order to do the same thing," Ramaswamy remarked on the rivalry with Databricks,
Price Action： SNOW股票週三最後交易時下跌2.55％，報133.50美元。
Investor scrutiny remains on Snowflake's AI relevance and its competitive stance against Databricks and cloud giants like Microsoft Corp. (NASDAQ:MSFT) and Amazon.com Inc. (NASDAQ:AMZN) Amazon Web Services.
阿里影業（BABA）：2021年淨利潤同比增長3倍，受傳媒部門業務補貼推動。
Snowflake stock has lost over 26% in the last 12 months. Investors can gain exposure to the stock via TrueShares Technology, AI & Deep Learning ETF (NYSE:LRNZ) and Global X Cloud Computing ETF (NASDAQ:CLOU).
閱讀下一篇：Snowflake的GenAI計劃引起投資者的興趣：分析師預計未來營收增長強勁。
Price Action: SNOW shares are trading lower by 2.55% at $133.50 at the last check Wednesday.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明: 此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
Read Next: Snowflake's GenAI Initiatives Drive Investor Interest: Analyst Sees Strong Revenue Growth Ahead
閱讀下一篇：Snowflake的GenAI計劃推動投資者的興趣：分析師預測未來營業收入強勁增長
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