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Snowflake shares edge higher on $200 million OpenAI collaboration
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.
Over the past several months we’ve produced a number of in-depth analyses laying out our mental model for the future of data platforms. There are two core themes: 1) Data from people, places, things and activities in the real world drive applications ...
With boardrooms demanding results from AI spending, Snowflake is betting that friction-free tools on its data platform will help enterprises finally deliver value.
Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more For anyone in AI, it’s no big news that “data is the real prize.” If you have strong data ...