Snowflake is a big company that helps other companies use data better. They are working with another company called Nvidia, which makes special computer chips that help AI work faster and smarter. Snowflake's boss said they will show more cool things they can do together at a big meeting in June. Snowflake is also buying some new technology from another company called TruEra to make their own AI even better. They are making lots of money and have many customers who like what they do. Read from source...

1. The article is based on a single interview with Snowflake CEO Sridhar Ramaswamy and does not provide any evidence or details about the collaboration with Nvidia or their AI projects.
2. The article mentions that Snowflake's Q1 revenue surged 33%, but fails to explain how this is related to their partnership with Nvidia or their AI products, which were only announced in May 2024 and are not yet available for customers.
3. The article also does not provide any context or background information about Snowflake's data cloud platform, its competitors, or the market size and growth potential of the data analytics and AI industry.
4. The article uses vague and ambiguous terms such as "accelerated computing", "foundation model", and "AI observability platform" without defining or explaining what they mean or how they work.
5. The article cites Benzinga Pro, a third-party source that may have a conflict of interest or bias in reporting on Snowflake's results, as the consensus estimate for their revenue, but does not provide any other sources or verification for this information.
6. The article quotes Snowflake CEO Sridhar Ramaswamy praising Nvidia CEO Jensen Huang as a "visionary" without providing any examples or evidence to support this claim or contrast it with other opinions or perspectives on their leadership styles or visions.

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Summary:
Snowflake CEO Sridhar Ramaswamy hints at increased collaboration with Nvidia on AI projects and future plans. Snowflake reported Q1 revenue of $828.7 million, beating expectations, and plans to acquire certain assets from TruEra, an AI observability platform. The company has 485 customers with over $1 million in product revenue and 709 Forbes Global 2000 customers. Snowflake's shares are trading higher in the premarket session on Thursday.