Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS, including to buy chips, over five years; SNOW jumps 30%+
Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use …
CNBC
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Discussion
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@snowflake
@snowflake
on x
Today, Snowflake and @AWS are expanding our strategic collaboration to help enterprises move AI from experimentation into production. 🚀 As part of the agreement, Snowflake is making a $6B multi-year infrastructure commitment to AWS, our largest to date, to support growing [image]
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@jimcramer
Jim Cramer
on x
Snowflake, blowout—CRM, to be continued
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@snowflake
@snowflake
on x
AI agents need more than data. They need business context and the ability to take action securely. That's why today we are excited to announce our intent to acquire @natomalabs, the enterprise MCP platform for AI agents. Once closed, the acquisition is expected to help [image]
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@andrewcurran_
Andrew Curran
on x
The deal with the ‘unnamed cloud provider’ was Amazon. Snowflake is up 33% in after market. [image]
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r/wallstreetbets
r
on reddit
Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud
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r/business
r
on reddit
Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud