'Snowflake Acquires Neeva To Accelerate Search In The Data Cloud Through Generative AI'; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Snowflake has acquired search company Neeva to enhance search capabilities in the Data Cloud using generative AI. Neeva's technology will be integrated across the Data Cloud, benefiting customers, partners, and developers. The acquisition brings in experienced team members from Neeva.
May 24, 2023 | 8:15 pm
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Snowflake's acquisition of Neeva aims to improve search capabilities in the Data Cloud using generative AI, potentially attracting more customers and increasing the platform's value.
The acquisition of Neeva will allow Snowflake to integrate cutting-edge search technologies into its Data Cloud, improving the search experience for users. This could attract more customers and increase the value of Snowflake's platform, positively impacting its stock price in the short term.
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