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.
This partnership makes OpenAI one of the core model capabilities in the Snowflake platform, allowing customers like Canva and WHOOP to leverage industry-leading OpenAI models to deploy context-aware AI applications and agents across their businesses.
Sridhar Ramaswami, CEO of Snowflake, said: "By bringing OpenAI models to enterprise data, Snowflake enables organizations to build and deploy AI on their most important assets using the secure and governed platform they already trust."
Fidji Simo, CEO of Applications at OpenAI, added: "Snowflake is a trusted platform at the center of how enterprises manage and activate their most important data. This partnership brings our advanced models directly into that environment, making it easier to deploy AI agents and applications so that companies can bridge the gap between what AI can do and the value they can create today."
The partnership will enable organizations to build custom, interoperable AI agents that operate on governed data and take actions across tools and applications. Snowflake Intelligence, powered by OpenAI models, will provide employees with instant access to reliable insights using natural language queries.