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In a major move from the Snowflake Summit 2025 in San Francisco, Snowflake Inc., a pioneer cloud data platform, has announced its plans to acquire Crunchy Data, a well-known open-source PostgreSQL solutions provider, in a deal valued at $250 million. This acquisition supports Snowflake’s push into
Key Takeaways A gen AI tool, ‘Elsa’, improves FDA employee productivity by advancing functions and providing information security in a secure GovCloud framework. A tool speeding up clinical protocol reviews and scientific analyses, the first step towards the FDA’s wider AI integration strategy. The creation of Elsa required collaboration
Industry Overview AI in Food & Beverages Market was valued at $8.9 billion in 2024 and is anticipated to grow at a CAGR of 39.7% during the forecast period (2025-2035). This expansion is fueled by the growing demand for food processing automation, widening use of predictive analytics to forecast inventory
Industry Overview AI Image Generator Market was valued at $9.1 billion in 2024 and is anticipated to grow at a CAGR of 38.8% during the forecast period (2025-2035). Increased use of AI image generator in media and entertainment is a major factor propelling the growth of the global AI image
Industry Overview AI Deepfake Detector Tool Market was valued at $1.6 billion in 2024 and is projected to grow at a CAGR of 15.9% during the forecast period (2025-2035). The market’s expansion is attributed to the increasing threat posed by deepfake technologies, which have extensively spread into social media, politics,
Industry Overview AI as a Service Market (AIaaSEnterprises nowadays are using AIaaS platforms to save operational costs, improve data-driven decision-making, and automate customer experience processes. AI in automation allows enterprises to assist in doing repetitive and manual processes without depending on human capital. For instance, in March 2025, Amazon created
Industry Overview Adaptive AI Market was valued at $1.7 billion in 2024 and is projected to grow at a CAGR of 45.3% during the forecast period (2025-2035). Increased integration of AI in edge computing devices enables real-time processing and decision-making, which reduces latency and decreases power consumption and cloud processing-related
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