Snowflake Signs $200 Million Deal With OpenAI

<p><a href&equals;"https&colon;&sol;&sol;www&period;snowflake&period;com&sol;">Snowflake<&sol;a>&comma; the AI Data Cloud company&comma; has announced a new collaboration with <a href&equals;"https&colon;&sol;&sol;openai&period;com&sol;">OpenAI<&sol;a> that enables global enterprises to unlock greater value from their proprietary data with AI&period; This multi-year&comma; &dollar;200 million partnership agreement cements Snowflake and OpenAI’s commitment to co-innovation and joint go-to-market &lpar;GTM&rpar; strategies aimed at deploying AI agents across global enterprises&period; Snowflake and OpenAI will work closely together to develop and deploy customized AI solutions for joint enterprise customers that deliver tangible return on investment&period;<&sol;p>&NewLine;<p>The direct&comma; first-party partnership agreement also makes OpenAI models natively available to Snowflake’s 12&comma;600 global customers within <a href&equals;"https&colon;&sol;&sol;www&period;snowflake&period;com&sol;en&sol;product&sol;features&sol;cortex&sol;">Snowflake Cortex AI<&sol;a> across all three major clouds&period; This empowers global organizations like <b>Canva<&sol;b> and <b>WHOOP<&sol;b> to bring OpenAI models to their enterprise data for deep research and instant insights&period; OpenAI models like <a href&equals;"https&colon;&sol;&sol;openai&period;com&sol;index&sol;introducing-gpt-5-2&sol;">GPT-5&period;2<&sol;a> will be accessible within <a href&equals;"https&colon;&sol;&sol;www&period;snowflake&period;com&sol;en&sol;product&sol;snowflake-intelligence&sol;">Snowflake Intelligence<&sol;a>&comma; the trusted enterprise intelligence agent that empowers every employee to securely access&comma; analyze&comma; and act on all their organization’s knowledge using natural language&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;By bringing OpenAI models to enterprise data&comma; Snowflake enables organizations to build and deploy AI on top of their most valuable asset using the secure&comma; governed platform they already trust&comma;” said Sridhar Ramaswamy&comma; CEO&comma; Snowflake&period; &OpenCurlyDoubleQuote;Customers can now harness all their enterprise knowledge in Snowflake together with the world-class intelligence of OpenAI models&comma; enabling them to build AI agents that are powerful&comma; responsible&comma; and trustworthy&period; Together&comma; we’re setting a new standard for AI innovation&comma; helping businesses transform with confidence&comma; while maintaining strong security and compliance standards&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Snowflake is a trusted platform that sits at the center of how enterprises manage and activate their most critical data&comma;” said Fidji Simo&comma; CEO of Applications at OpenAI&period; &OpenCurlyDoubleQuote;This partnership brings our advanced models directly into that environment&comma; making it easier to deploy AI agents and apps&comma; so businesses can close the gap between what AI is capable of and the value they can create today&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;As we scale our visual AI offering on Canva&comma; both OpenAI and Snowflake have played key roles in how we rapidly empower our users with new creative tools&comma;” said Helen Crossley&comma; Head of Data Science&comma; <b>Canva<&sol;b>&period; &OpenCurlyDoubleQuote;As our platform continues to scale&comma; Snowflake has been foundational to how we manage and activate data&comma; and we’re excited to explore how leveraging OpenAI models in Snowflake Cortex AI can help us extend that foundation&period; The ability to bridge advanced AI models with our enterprise data allows us to move quickly and test new ideas&comma; without compromising on security or performance&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Speed and precision in decision-making are critical for us as WHOOP continues to scale&comma;” said Matt Luizzi&comma; Senior Director of Business Analytics&comma; <b>WHOOP<&sol;b>&period; &OpenCurlyDoubleQuote;Rolling out Snowflake Intelligence to our employees and developing Cortex Agents has provided a secure and governed way for WHOOP to analyze data and make decisions&period; With OpenAI’s models available directly within Snowflake Cortex AI&comma; we can further enhance those agents with advanced reasoning and analysis&comma; all while maintaining strong security and governance&period; This partnership will help us continue to make AI a practical&comma; everyday tool for the business&period;”<&sol;p>&NewLine;

Editor

Meritech Capital Leads $80 Million Series B in Depthfirst

SAN FRANCISCO — depthfirst, an applied AI lab on a mission to secure the world’s…

10 hours

Apple Launching New Platform for Businesses

Apple is introducing a free all-in-one platform later this month called Apple Business that includes…

10 hours

Apple TV Wins Rights for Movie Liminal

Apple Original Films has landed rights to the movie “Liminal,” a new sci-fi thriller starring…

4 days

EPIC Microsystems Lands Oversubscribed $21 Million Series A

SAN JOSE -- EPIC Microsystems, a semiconductor company developing breakthrough power delivery solutions for AI infrastructure,…

4 days

Shepherd Rounds Up $32 Million Series B

SAN FRANCISCO -- Shepherd, an AI-native commercial insurance platform, has scored a $42 million Series B…

4 days

Deccan AI Reels in $25 Million to Build Super-Accurate AI

MOUNTAIN VIEW -- Deccan AI is focusing on AI with super accuracy, and has just…

4 days