Snowflake's AI monetization efforts advance as Salesforce says adoption still early: BNP

[Snowflake corporate headquarters in Silicon Valley] Sundry Photography/iStock Editorial via Getty Images Snowflake (SNOW [https://seekingalpha.com/symbol/SNOW]) appears to be gaining traction in its AI monetization efforts, while Salesforce (CRM [https://seekingalpha.com/symbol/CRM]) indicates it remains in the early stages of expanding AI adoption, according to BNP Paribas. "On margins, while AI revenues are coming with lower margins, AI is pulling along core workloads, which benefits margins," said BNP Paribas Equity Research senior analyst Stefan Slowinski in an investor note.