Snowflake delivers strong Q1, Q2 outlook
Snowflake delivered first quarter revenue growth of 26%. The company's data platform continues to see strong demand due to AI workloads.
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Snowflake adds OpenAI models to Cortex AI via expanded Microsoft partnership, integration
Snowflake Cortex AI will integrate Microsoft Azure OpenAI Service in Azure AI Foundry. That move will put OpenAI's models Snowflake and make them available as data agents in Snowflake's AI Data Cloud.
Snowflake, Anthropic ink LLM partnership, delivers strong Q3, acquires Datavolo
Snowflake said it has inked a multi-year deal to bring Anthropic's Claude models to Snowflake Cortex AI. Anthropic's Claude will be a part of Snowflake Intelligence and Cortex Analyst. The company also reported strong third quarter earnings.
Snowflake reports better-than-expected Q2, ups product revenue outlook
Snowflake reported strong product revenue growth 29% in the second quarter and raised its outlook.
Snowflake bolsters Cortex, launches AI and ML Studio, Snowflake Trail
Snowflake fleshed out more of its artificial intelligence strategy and announced a bevy of data management tools designed to advance enterprise AI while keeping its data analytics base in the fold.
Snowflake to support Polaris Catalog for Apache Iceberg
Snowflake announced Polaris Catalog, an open-source community catalog for Apache Iceberg. The move provides Apache Iceberg interoperability with AWS, Confluent, Dremio, Google Cloud, Microsoft Azure, Salesforce among others.
Snowflake Q1 mixed, acquires assets to evaluate, monitor LLMs
Snowflake reported a mixed first quarter and said it will acquire technology assets and employees from TruEra, an AI observability platform that can manage evaluate large language models (LLMs).
Snowflake launches Arctic LLM, to release details under Apache 2.0 license
Snowflake launched Arctic, an open-source large language model (LLM) optimized for enterprise workloads and efficiency. The move highlights how data platforms are increasingly launching LLMs to combine with their data platforms.
Snowflake CEO Ramaswamy on product cycles, AI, scaling
Here's a look at what Snowflake CEO Sridhar Ramaswamy had to say on some core themes that'll matter to customers.
Snowflake CFO Scarpelli: Don't pigeonhole new CEO Ramaswamy as technologist
A lot of people mistake that he's a technologist and doesn't have operational chops. He ran a very large team at Google," said Snowflake CFO Michael Scarpelli.
Snowflake's Slootman steps down as CEO, technologist Ramaswamy takes over
Snowflake has a new CEO. The company said Sridhar Ramaswamy will become CEO immediately as Frank Slootman stepped down but remains Chairman of the board.
Snowflake says demand stabilizing in better than expected Q3
For fiscal 2024, Snowflake sees product revenue of $2.65 billion, up 37% from a year ago.
