Snowflake to acquire Myst AI to provide time series forecasting
Cloud-based data warehouse company Snowflake has agreed to acquire artificial intelligence-based time series forecasting platform provider Myst AI.
“Time series forecasting is one of the most applied data science techniques in business. Accurate forecasts can establish measurements to guide management, facilitate planning and goal setting, and help mitigate risk,” Greg Czajkowski, senior vice president of engineering and support at Snowflake, wrote in a blog post announcing the deal.