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Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption grows
May 27 : Snowflake raised annual product revenue forecast on Wednesday, as enterprises ramped up spending on AI applications and shifted more data workloads to its cloud platform, sending its shares surging 36 per cent in extended trading.The company also signed a five-year deal worth $6 billion with Amazon W
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cnbc.com
Snowflake soars 33% on earnings beat and plan to spend $6 billion on Amazon cloud
Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.
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channelnewsasia.com
Snowflake signs $6 billion deal with AWS tied to AI infrastructure
May 27 : Snowflake said on Wednesday it has signed a $6 billion deal with Amazon Web Services, with the investment tied to AWS' Graviton processors and AI chip infrastructure.
