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Snowflake Revenue Jumps to US$1.49bn as AI Strategy Gains Momentum

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Snowflake reported Q2 FY27 product revenue of US$1.49bn, up 37–38% year over year, and said rising profits expanded operating margin. The company raised full-year growth guidance and highlighted growing AI revenue, adoption of CoCo and CoWork, and 692 new customers. New offerings Cortex Sense and Cortex AI Gateway were introduced alongside its Natoma integration.

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