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SNOWFLAKE shares rise by $200 million
Snowflake Inc. (NYSE:SNOW) shares rose by 2% on Monday morning after the artificial intelligence data cloud company announced a $200 million partnership agreement with #OpenAI to provide advanced capabilities for artificial intelligence models to enterprise customers.
The multi-year partnership will focus on joint innovation and joint marketing efforts aimed at deploying artificial intelligence agents across global enterprises. Under the agreement, OpenAI models such as GPT-5.2 will be natively available to Snowflake's 12,600 global customers through the Snowflake Cortex AI on the three major cloud platforms.
The multi-year partnership will focus on joint innovation and joint marketing efforts aimed at deploying artificial intelligence agents across global enterprises. Under the agreement, OpenAI models such as GPT-5.2 will be natively available to Snowflake's 12,600 global customers through the Snowflake Cortex AI on the three major cloud platforms.
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