Enterprises using AI as returns outweigh costs: Snowflake executive

There is no shortage of demand in AI as enterprises see return on investments by increasing productivity, reducing cost and automating more things even amid tough macroeconomic conditions, said Baris Gultekin, head of AI at Snowflake.This also comes at the back increasing return on investments their customers are seeing. According to a recent report from Snowflake, for every dollar spent on AI, there is a 45% return on the investment.“We are seeing a lot of productivity gains. Ability to do things that used to take a long time is now possible….