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Snowflake spikes 22% on healthy results and AI coding momentum

Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.

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Wonderful raises $550M at $5B valuation for its AI automation platform

Artificial intelligence agent startup Wonderful AI BV today announced that it has raised $550 million in funding. The Series C round was led by Insight Partners, which was also the headline backer of the company’s previous raise in March. Salesforce chipped in as well along with Index Ventures, IVP, Vine Ventures, 9Yards and Bessemer.

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