Snowflake on Monday disclosed a $200 million partnership with OpenAI to embed sophisticated artificial intelligence models directly into its cloud data platform. The companies said the collaboration is designed to help enterprises extract insights from large internal data stores by providing AI capabilities where sensitive and valuable information already resides.
Cloud data platforms have become a focal point for generative AI initiatives because they house much of a company's most critical data. By placing AI models inside those environments, vendors hope to enable more seamless data analysis, internal document search and automation of routine tasks, while maintaining strict security and governance controls around sensitive information.
Under the terms of the deal, Snowflake and OpenAI will work together to build AI agents that can manage complex workflows. These agents are intended to let users pose questions in natural language and receive answers drawn from company data without needing to write code. The companies framed this development as part of a broader enterprise shift away from rudimentary chatbot experiments toward integrated agents that operate directly on proprietary datasets and combine automation with closer oversight.
Snowflake said the agreement expands an earlier collaboration by making OpenAI's models available within Snowflake across all three major cloud providers - rather than primarily through Microsoft Azure. The move is intended to broaden customer options for deploying the integrated models.
Several customers are already using the combined offering, Snowflake said. Design platform Canva and fitness-wearable maker WHOOP are among those leveraging the joint product to accelerate research, analytics and internal decision-making.
The announcement lands as competition in the data-and-AI sector intensifies. Snowflake's rival Databricks has continued to scale aggressively, recently raising $4 billion at a $134 billion valuation to fund its "Agentbricks" framework and an expanding lineup of AI products.
Commercial note included in original reporting: Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 2 out of 3 global portfolios are beating their benchmark indexes, with 88% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar? Pick Stocks with AI.