May 28 - Snowflake shares surged more than 33% on Thursday after the company raised its annual revenue forecast and a $6 billion deal with Amazon bolstered investor confidence that the data platform ...

Cloud data storage giant Snowflake has signed a new $6 billion five-year agreement with Amazon Web Services, the companies announced on Wednesday. Snowflake has always run on AWS, though obviously, ...

Snowflake Inc.’s shares jumped in late trading today after it announced a $6 billion spending commitment on Amazon Web Services Inc.’s cloud infrastructure, including a deal to use the company’s ...

May 27 (Reuters) - Snowflake (SNOW.N), opens new tab raised annual product revenue forecast on Wednesday, as enterprises ramped up spending on ‌AI applications and shifted more data workloads to its ...

Snowflake Inc. SNOW dropped a one-two punch Wednesday evening: a blowout quarter and a $6 billion commitment to Amazon.com Inc. AMZN AWS that signals the company is making a clear strategic bet on ...

Snowflake also announced an acquisition that will extend the company’s data governance perimeter beyond the Snowflake platform to AI operations and interactions across an enterprise. AI and data cloud ...

Snowflake is bolstering its investment on Amazon Web Services, including purchase of its custom Arm-based Graviton chips and graphics processing units. Amazon said Snowflake has committed to spending ...

The five-year commitment is 2.4x larger than Snowflake’s 2023 AWS deal and lands as shares jump 38% on a Q1 earnings beat. The Graviton component is the part that matters strategically. Snowflake has ...