Is Snowflake the new AI bet everyone’s talking about?

It’s August 28, 2025. The markets open, and within hours, a single stock rises about 20%. Not a flashy EV startup. Not a crypto exchange. Not even a ChatGPT rival.

It’s Snowflake, a “boring” database company that many people assumed just stored data in the cloud.

But here’s the plot twist that seems to have Wall Street buzzing: this database company is increasingly being described as a potential backbone for AI applications.

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