Snowflake (SNOW)’s Venture Arm Invests in Jedify

Catherine Talavera

Thu, June 18, 2026 astatine 10:03 AM CDT 2 min read

Snowflake Inc. (NYSE:SNOW) is 1 of the 8 Best Generative AI Software Stocks to Buy successful June 2026. On June 12, Snowflake Ventures, the company's firm task arm, announced that it is investing successful Jedify, an autonomous discourse graph for data-intensive agentic applications and workflows.

The task institution said the concern successful Jedify aims to beforehand the semantic instauration for endeavor AI. It added that the concern reflects Snowflake's presumption that governed semantic discourse is transforming into foundational infrastructure for endeavor AI.

As portion of the investment, Snowflake noted that Jedify tin enactment customers successful accelerating the adoption of Snowflake's AI capabilities portion reinforcing the broader Open Semantic Interchange (OSI) ecosystem.

Earlier connected June 5, Truist accrued its terms people connected Snowflake to $300 from $275 portion maintaining a Buy standing connected the shares, highlighting its Cortex Code (CoCo), which is accelerating workload creation, migrations, and level expansion.

Out of 52 expert ratings compiled by CNN, 87% placed a Buy standing connected Snowflake, portion 11% rated the banal Hold. The banal has a median terms people of $300, a 24.60% upside from the existent terms of $240.78.

Snowflake Inc. (NYSE:SNOW) provides unreality information warehousing bundle to endeavor clients. The company's AI Data Cloud level allows clients to build, use, and stock data, applications, and AI.

While we admit the imaginable of SNOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best AI Stocks to Buy successful June and 10 Best Cybersecurity Stocks to Buy According to Short Sellers.

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