Mandeep Singh
👤 SpeakerAppearances Over Time
Podcast Appearances
Iran is very much intent.
For a company like Snowflake that has a lot of big enterprise customers, to be able to use the Amazon distribution and the LLM integrations they have and integrate Snowflake's data for agentic functionality, that is how you make sure you don't get disintermediated.
And I think that's why you see the positive reaction in terms of those stocks.
In this case, we know Amazon has just signed a pact with OpenAI and they've added pretty much every LLM provider now.
on AWS.
And look, for a company like Snowflake that has a lot of big enterprise customers, to be able to use the Amazon distribution and the LLM integrations they have and integrate Snowflake's data for agentic functionality, that is how you make sure you don't get disintermediated.
And I think that's why you see the positive reaction in terms of the stocks.
The report unnerved investors already concerned about the possibility that AI will disrupt the software business.
Gil Luria is head of technology research at DA Davidson.
Salesforce is the leading maker of customer management software, and it's under pressure to show it can thrive in the era of AI.
In New York, Charlie Pellett, Bloomberg Radio.
Make Bloomberg News Now your trusted source for the latest global headlines with context.
In this case, we know Amazon has just signed a pact with OpenAI and they've added pretty much every LLM provider now.
on AWS.
And look, for a company like Snowflake that has a lot of big enterprise customers, to be able to use the Amazon distribution and the LLM integrations they have and integrate Snowflake's data for agentic functionality, that is how you make sure you don't get disintermediated.
And I think that's why you see the positive reaction in terms of the stocks.
Typically, when something like this happens, everyone would implement those sort of efficiencies.
Remember DeepSeq?
Everyone pivoted to a reasoning model within the next six months, and guess what?
The demand actually took off because everyone implemented that, and it helped drive more usage.