{"id":958395,"date":"2025-08-29T08:21:23","date_gmt":"2025-08-29T02:51:23","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=958395"},"modified":"2025-08-29T08:34:29","modified_gmt":"2025-08-29T03:04:29","slug":"snowflake-shares-surge-as-ai-boom-fuels-demand-for-data-platforms","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/29\/snowflake-shares-surge-as-ai-boom-fuels-demand-for-data-platforms\/","title":{"rendered":"Snowflake shares surge as AI boom fuels demand for data platforms"},"content":{"rendered":"<p>Snowflake shares jumped about 14% on Thursday riding a wave of demand for its artificial intelligence database products, as companies race to modernize their data infrastructure and simplify AI adoption.<\/p>\n<p>The stock move is set to add more than $11 billion to its $67 billion market capitalization, if premarket gains hold.<\/p>\n<p>The cloud-based data warehousing firm, which helps enterprises store, manage and analyze massive datasets across multiple cloud providers, said demand for its platform is accelerating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snowflake shares jumped about 14% on Thursday riding a wave of demand for its artificial intelligence database products, as companies race to modernize their data infrastructure and simplify AI adoption. The stock move is set to add more than $11 billion to its $67 billion market capitalization, if premarket gains hold. The cloud-based data warehousing firm, which helps enterprises store, manage and analyze massive datasets across multiple cloud providers, said demand for its platform is accelerating.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-958395","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=958395"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958395\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=958395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=958395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=958395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}