Snowflake, the AI Data Cloud company, today announced the appointment of Michel Nader as General Manager for the Middle East, Turkey & Africa (META). In this role, Nader will be responsible for leading Snowflake’s regional strategy and operations, supporting customer growth, and advancing the adoption of Snowflake’s AI Data Cloud across key markets. Nader brings […] The post Snowflake appoints Michel Nader to lead META region, advancing regional AI ambitions appeared first on Web-Release.

    CFOs’ capital commitment to AI is real and growing rapidly, with finance departments increasingly reaping the benefits, Bain & Company finds in new research. Bain’s survey of more than 100 CFOs globally reveals that 83% plan to increase enterprise-wide AI spending by more than 15% over the next two years, with a significant share of that spending allocated […] The post 42% of CFOs plan to increase AI investment by over 30% within two years—Bain & Company appeared first on Web-Release.