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Snowflake reports Q4 revenue up 53% YoY to $589M, vs. $576M est., lowers FY 2024 guidance below est., and authorizes a $2B share buyback program; SNOW drops 5%+ (Emily Bary/MarketWatch) 01-03-2023

Emily Bary / MarketWatch: Snowflake reports Q4 revenue up 53% YoY to $589M, vs. $576M est., lowers FY 2024 guidance below est., and authorizes a $2B share buyback program; SNOW drops 5%+  —  Company lowers full-year forecast relative to an initial view offered in November  —  This update corrects the FactSet consensus … Lees verder op Tech Meme

Paris-based Sesamm, which uses NLP to generate insights helping companies adhere to their ESG goals, raised a €35M Series B2, taking its total funding to €50.5M (Paul Sawers/TechCrunch) 02-03-2023

Paul Sawers / TechCrunch: Paris-based Sesamm, which uses NLP to generate insights helping companies adhere to their ESG goals, raised a €35M Series B2, taking its total funding to €50.5M  —  Sesamm, a French startup that helps financial firms and corporates adhere to their ESG goals by using natural language processing … Lees verder op Tech Meme

The US House Foreign Affairs Committee votes 24 to 16 to advance a bill that would enable President Biden to ban TikTok and other apps considered security risks (David Shepardson/Reuters) 01-03-2023

David Shepardson / Reuters: The US House Foreign Affairs Committee votes 24 to 16 to advance a bill that would enable President Biden to ban TikTok and other apps considered security risks  —  The U.S. House Foreign Affairs Committee voted on Wednesday to give President Joe Biden the power to ban Chinese-owned social media app TikTok and other apps. Lees verder op Tech Meme

OpenAI launches a ChatGPT API for businesses, with dedicated capacity plans, priced at $0.002/~750 words, and says Snap and Shopify are among the early adopters (Kyle Wiggers/TechCrunch) 01-03-2023

Kyle Wiggers / TechCrunch: OpenAI launches a ChatGPT API for businesses, with dedicated capacity plans, priced at $0.002/~750 words, and says Snap and Shopify are among the early adopters  —  To call ChatGPT, the free text-generating AI developed by San Francisco-based startup OpenAI, a hit is a massive understatement. Lees verder op Tech Meme