# AI Isn't Killing SaaS It's Fueling Growth | Durham News

Page: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/ai-isn-t-killing-saas-it-s-fueling-growth-durham-news
Text version: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/ai-isn-t-killing-saas-it-s-fueling-growth-durham-news.md
Podcast: [Durham News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659)
Published: 2026-09-07T12:55:36+00:00
Episode link: https://sources.thednn.ai/588a4cb6e404caac
Audio file: https://api.fastcast.ai/audio/d1777be1-909a-41eb-99fa-fd9199f693e8.mp3
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Duration seconds: 144

## Resource

Snowflake just rewrote the script on AI’s impact on software: after a scare dubbed the “SaaSpocalypse,” the company smashed Q2 earnings with 37% YoY product revenue growth, proving AI isn’t killing legacy platforms—it’s turbocharging them. CEO credits AI for half their growth surge, fueled by tools like Cortex Code and CoWork, creating a feedback loop where AI apps drive demand for Snowflake’s core data infrastructure. Banks like Deutsche Bank and Bank of America raised targets, sending ripples through the software sector—ServiceNow, Salesforce, too. Snowflake even bumped its FY27 revenue forecast to nearly 36% annual growth. The message? AI isn’t replacing old tech—it’s making it exponentially more valuable, especially for data-heavy enterprises. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/588a4cb6e404caac

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