Snowflake Lifts FY2027 Product Revenue Forecast as AI Workloads Accelerate
Snowflake increased its fiscal 2027 product revenue forecast after second-quarter growth accelerated on data-platform and enterprise AI demand.
Trusted Insights. Asian Perspective.
Snowflake increased its fiscal 2027 product revenue forecast after second-quarter growth accelerated on data-platform and enterprise AI demand.
HPE lifted its fiscal 2026 outlook after record third-quarter revenue and profitability, supported by strong networking and AI infrastructure demand.
OneStream has added its SensibleAI forecasting and development tools to its FedRAMP High authorisation for sensitive US government finance workloads.
Systech has launched TraceIQ, an enterprise platform designed to convert pharmaceutical serialisation and traceability data into operational intelligence.
Berkshire Hathaway is broadening its long-term opportunity set across technology, Japan and power infrastructure under chief executive Greg Abel.
Lower AI inference prices could stimulate model usage and infrastructure demand, supporting Singapore-listed semiconductor suppliers after strong share-price gains.
MATTA and Alibaba Cloud will explore AI tools, digital skills and cross-border marketing initiatives designed to strengthen Malaysian tourism SMEs and industry competitiveness.
A global outlook projects US$31.6 trillion of data-centre capital expenditure through 2050, with annual spending rising from US$800 billion in 2026 to US$1.8 trillion in 2050. Asia-Pacific could attract US$8.2 trillion and the United States 48% of the total. Recurring technology upgrades are expected to drive most investment.
Taiwanese companies plan another US$20 billion of US investment, adding to about US$35 billion previously planned or under way for a roughly US$55 billion pipeline.
OpenAI reportedly received SB Energy warrants estimated at US$5.5 billion in draft IPO documents; the preliminary figure is neither cash nor realised income.