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StartupsSnowflake Inc. (NYSE:SNOW) announced plans to acquire Observe on Thursday, aiming to embed AI-powered observability into its AI Data Cloud and expand its footprint in IT operations management. The deal follows earlier reports that Snowflake had been in advanced talks to buy Observe for about $1 billion, highlighting the growing strategic importance of observability to its AI ambitions. Snowflake said it will integrate Observe’s platform into its…See the Story
Snowflake Agrees to Buy Observe, a San Mateo AI Startup that Had Raised Nearly Half a Billion Dollars
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