Articles from Snowflake Inc.

Snowflake (NYSE: SNOW), the AI Data Cloud company, and Anthropic, an AI safety and research company, today announced a strategic multi-year partnership that will enable global enterprises to develop and scale easy, efficient, and trusted AI products, apps, and workflows powered by the latest state-of-the-art models. Anthropic’s newest Claude 3.5 models will be available for users to securely leverage within Snowflake Cortex AI, Snowflake’s fully managed AI service that provides a suite of generative AI features, on Amazon Web Services (AWS). In addition, Snowflake’s agentic AI products, including Snowflake Intelligence and Cortex Analyst, will leverage Claude as one of the key large language models (LLMs) powering these experiences.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it has signed a definitive agreement to acquire Datavolo, the company built to rapidly accelerate the creation, management, and observability of multimodal data pipelines for enterprise AI1. With this acquisition, Snowflake will deepen its service in the ‘bronze layer’ of the data lifecycle and will deliver a simple way for data engineering teams to integrate all of their enterprise systems with Snowflake’s unified platform, where they can then unlock data for AI and ML, apps and analytics, and leverage the scale, performance, and built-in governance of the AI Data Cloud. Together, Datavolo and Snowflake will both simplify data engineering workloads and deliver unmatched data interoperability and extensibility - a building block for effective enterprise AI.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its third quarter of fiscal 2025, ended October 31, 2024.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Microsoft Ignite an expanded partnership with Microsoft to establish a new Snowflake Power Platform connector for Microsoft Power Platform, enabling bidirectional access between Dataverse, the enterprise data platform for agents, and Snowflake’s AI Data Cloud. The connector simplifies data interoperability between Microsoft Power Platform, Microsoft’s low-code/no-code services suite, Dynamics 365, and the Snowflake AI Data Cloud, giving developers and business users the power to build and leverage custom enterprise AI applications using their enterprise data in Snowflake. With this latest integration, Snowflake and Microsoft will help customers simplify data collaboration, enhance enterprise insights, and harness the power of AI for their unique business needs.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual developer conference, BUILD 2024, new innovations that make it easy and secure for teams to find, evaluate, and share data, AI models, and apps internally, and with external partners and customers. Through Snowflake’s leading cross-cloud collaboration capabilities, users can now accelerate their AI initiatives with direct access to Snowflake's expansive ecosystem of enterprise data and AI products, while speeding up app development for end users — all from within the security and governance boundaries of the AI Data Cloud.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual developer conference, BUILD 2024, new advancements that accelerate the path for organizations to deliver easy, efficient, and trusted AI into production with their enterprise data. With Snowflake’s latest innovations, developers can effortlessly build conversational apps for structured and unstructured data with high accuracy, efficiently run batch large language model (LLM) inference for natural language processing (NLP) pipelines, and train custom models with GPU-powered containers — all with built-in governance, access controls, observability, and safety guardrails to help ensure AI security and trust remain at the forefront.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual developer conference, BUILD 2024, new advancements to its market-leading platform that enable enterprises to cut through their data and AI chaos to accelerate value. Today, Snowflake serves as a leading platform for enterprise data lake, data warehouse, data lakehouse, and data mesh architectures — delivering a unified, fully managed service that eliminates complexity and maintenance for users.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual developer conference, BUILD 2024, a modern approach to bring transactional and analytical data together in a single, unified platform with Unistore. Unistore is powered by Hybrid Tables (now generally available on AWS), a table type that enables fast, high-concurrency point operations to support transactional workloads. With Unistore, customers can further simplify their data architectures, while ensuring consistent security and governance across their data.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual developer conference, BUILD 2024, Snowflake Intelligence (in private preview soon), a new platform that will enable enterprises to easily ask business questions across their enterprise data to unlock data-driven answers, and in just a few steps, create data agents that take action on those insights.

Snowflake (NYSE: SNOW), the Data Cloud company, will attend the UBS Global Technology and AI Conference. Chief Executive Officer, Sridhar Ramaswamy will present at the conference on Tuesday, December 3rd at 2:55 PM Mountain Time.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it will release its financial results for the third quarter of fiscal year 2025, which ends October 31, 2024, following the close of the U.S. markets on Wednesday, November 20, 2024. Snowflake will host a conference call to discuss the financial results.

Snowflake Inc. (NYSE: SNOW) (“Snowflake”), the AI Data Cloud Company, today announced the pricing of $1.0 billion aggregate principal amount of its 0% Convertible Senior Notes due 2027 (the “2027 notes”) and $1.0 billion aggregate principal amount of its 0% Convertible Senior Notes due 2029 (the “2029 notes,” and together with the 2027 notes, the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced the launch of the AI Data Cloud for Travel and Hospitality, uniting Snowflake's data platform, AI capabilities, and industry-specific solutions to deliver best-in-class data insights for the travel and hospitality industry. Snowflake empowers airlines, hotels, cruise lines, and travel technology providers to harness data and artificial intelligence to improve operations and power five-star customer experiences across the sector.

Snowflake Inc. (NYSE: SNOW) (“Snowflake”), the AI Data Cloud Company, today announced that it intends to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of its Convertible Senior Notes due 2027 (the “2027 notes”) and $1.0 billion aggregate principal amount of its Convertible Senior Notes due 2029 (the “2029 notes,” and together with the 2027 notes, the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Snowflake also intends to grant the initial purchasers of the notes options to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150.0 million aggregate principal amount of the 2027 notes and up to an additional $150.0 million aggregate principal amount of the 2029 notes.

Snowflake (NYSE: SNOW), the AI Data Cloud company, will attend the Goldman Sachs Communacopia + Technology Conference. Chief Financial Officer Mike Scarpelli will present at the conference on Thursday, September 12th, at 9:30 a.m. PT.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its second quarter of fiscal 2025, ended July 31, 2024.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it will release its financial results for the second quarter of fiscal year 2025, which ends July 31, 2024, following the close of the U.S. markets on Wednesday, August 21, 2024. Snowflake will host a conference call to discuss the financial results.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that it will host the Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI for enterprises to easily harness and build powerful AI applications at scale. This offering includes Meta’s largest and most powerful open source LLM, Llama 3.1 405B, with Snowflake developing and open sourcing the inference system stack to enable real-time, high-throughput inference and further democratize powerful natural language processing and generation applications. Snowflake’s industry-leading AI Research Team has optimized Llama 3.1 405B for both inference and fine-tuning, supporting a massive 128K context window from day one, while enabling real-time inference with up to 3x lower end-to-end latency and 1.4x higher throughput than existing open source solutions. Moreover, it allows for fine-tuning on the massive model using just a single GPU node — eliminating costs and complexity for developers and users — all within Cortex AI.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2024, new tools and innovations that accelerate how developers build enterprise-grade pipelines, models, and applications with their data. Snowflake is furthering its mission of eliminating complexity for customers with new developer tooling and native integrations that speed up development, while empowering them to efficiently ship more advanced products in the AI Data Cloud.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2024, new innovations and enhancements to Snowflake Cortex AI that unlock the next wave of enterprise AI for customers with easy, efficient, and trusted ways to create AI-powered applications. This includes new chat experiences, which empower organizations to develop chatbots within minutes so they can talk directly to their enterprise data and get the answers they need, faster. In addition, Snowflake is further democratizing how any user can customize AI for specific industry use cases through a new no-code interactive interface, access to industry-leading large language models (LLMs), and serverless fine-tunings. Snowflake is also accelerating the path for operationalizing models with an integrated experience for machine learning (ML) through Snowflake ML, enabling developers to build, discover, and govern models and features across the ML lifecycle. Snowflake’s unified platform for generative AI and ML allows every part of the business to extract more value from their data, while enabling full security, governance, and control to deliver responsible, trusted AI at scale.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2024, advancements to its single, unified platform that empower thousands of organizations with increased flexibility and interoperability across their enterprise data — regardless of where it resides. Snowflake is also making it easier for customers to discover and collaborate on the data, models, and applications they need, when they need them, in addition to enhancing its powerful platform so users gain increased performance and efficiency in the AI Data Cloud.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 2024 a new collaboration with NVIDIA that customers and partners can harness to build customized AI data applications in Snowflake, powered by NVIDIA AI.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2024, Polaris Catalog, a vendor-neutral, open catalog implementation for Apache Iceberg — the open standard of choice for implementing data lakehouses, data lakes, and other modern architectures. Polaris Catalog will be open sourced in the next 90 days to provide enterprises and the entire Iceberg community with new levels of choice, flexibility, and control over their data, with full enterprise security and Apache Iceberg interoperability with Amazon Web Services (AWS), Confluent, Dremio, Google Cloud, Microsoft Azure, Salesforce, and more.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2025, ended April 30, 2024.

Snowflake (NYSE: SNOW), the Data Cloud company, will host its largest user-conference ever with Snowflake Data Cloud Summit 2024, live in San Francisco from June 3-6, 2024. Data Cloud Summit 2024 will highlight why thousands of companies — including many of the largest around the world — trust Snowflake as their secure data foundation, ushering them into a new era of AI with game-changing innovations across generative AI, application development, open table formats, and more. The event will feature Snowflake executives and industry leaders across four keynotes, including a fireside chat between Snowflake CEO Sridhar Ramaswamy and NVIDIA Founder and CEO Jensen Huang. Data Cloud Summit will also offer over 450 breakout sessions, 180 on-site partners, 25 hands-on labs and various technical certifications, and more to democratize how customers harness their data, models, and applications to drive value.