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Snowflake shares edge higher on $200 million OpenAI collaboration
Shares of Snowflake (NYSE:SNOW) rose about 2% on Monday after the AI Data Cloud group announced a $200 million, multi-year partnership with OpenAI aimed at bringing advanced AI model capabilities directly to enterprise customers.
With boardrooms demanding results from AI spending, Snowflake is betting that friction-free tools on its data platform will help enterprises finally deliver value.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced new Energy Solutions, uniting Snowflake’s governance capabilities, partner-developed solutions, and industry-critical datasets into a single offering tailored for the energy sector.
The company continues to expand its AI Data Cloud, with half of new customers using Snowflake for AI workloads and 25% engaging its AI capabilities weekly. It is a sign that its innovation engine and partnerships, are fueling long-term growth in the fast ...
Snowflake (NYSE:SNOW) stock surged by 20% in Thursday’s trading touching levels of about $240 per share. The gains come after the cloud data warehousing major posted better than expected earnings and raised its product revenue forecasts for fiscal 2026 ...