Snowflake raises annual outlook as CoCo adoption reaches 9,100 accounts

Snowflake raised its annual sales outlook, exceeding analysts' estimates, Bloomberg reported. The company also reported rapid adoption of its AI-assisted coding tool, CoCo: more than 2,000 customer accounts began using it during the quarter, bringing the total to 9,100. The update was reported alongside market moves in Nvidia and Meta shares, but Snowflake's revised outlook and customer-adoption figure are the distinct operating events described in the supplied summary.