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.

Snowflake and OpenAI announced a $200 million strategic partnership to make OpenAI models available through Snowflake Cortex AI.

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 and Anthropic sign a multi-year strategic partnership to deliver Anthropic’s industry-leading Claude models to customers in Snowflake Cortex AI Anthropic’s latest Claude 3.5 Sonnet model will be available within the security and governance ...

Integrated Solution Enables Utilities to Complete Full Grid Modeling in Under 24 Hours, Driving Reliability and Resilience

Snowflake's fiscal second-quarter results continue to highlight the challenge of an uncertain IT spending environment to its consumption-based business model. And despite stabilizing consumption trends, Snowflake management's reiterated full year guidance ...

Document AI (private preview) leverages Snowflake’s first-party large language model to unlock deeper insights from documents and extract value with increased speed, accuracy, and simplicity Customers like Booking.com are using Snowflake Iceberg Tables ...