Snowflake Rival Databricks Touts Torrid Revenue Growth Rate Amid AI Boom

investors.com/news/technology/snowflake-stock-rival-databricks-touts-torrid-sales-growth-rate/?src=A00220

Well-funded software maker Databricks, a rival of Snowflake (SNOW), released new financial data on Wednesday, saying it expects to generate $3.7 billion in annualized revenue by July, a growth rate of 50%. Snowflake stock has been pressured by views that Databricks is gaining market…

This story appeared on investors.com, 2025-06-12 14:24:56.
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