Datadog Shares Jump 30% After CEO Says AI is Boosting Sales
The Information
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Generative AI
Datadog reported revenue grew 32% to than $1B in its March quarter - up 7% from last year and 3% from last quarter - and raised its full-year projection to 26% growth, from the 20% it issued a few months ago. AI is becoming a business driver for Datadog, which sells software for tracking.