NVIDIA shares saw gains after the company secured an AI factory agreement with major US energy companies. The deal highlights continuing demand for advanced AI infrastructure across industries. It also underscores NVIDIA's prominent role in supplying hardware for large-scale artificial intelligence projects.
Snowflake has launched Energy Solutions, a cloud-based data platform aimed at accelerating operational AI in the energy sector. The platform enables power, utilities, and oil and gas organizations to integrate data and modernize infrastructure, supporting applications such as predictive maintenance, grid optimization, and sustainability goals. Snowflake’s approach leverages industry-specific datasets and partnerships to address longstanding data challenges in energy operations.
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