Fortune 300 leader is deploying AI agents on Snowflake to help teams across 1,600+ branches make faster, data-driven decisions United Rentals has rolled out a new Business Intelligence Agent powered by Snowflake Intelligence that employees use to analyze financial and operational data and get real-time insights through natural-language queries United Rentals is leveraging Snowflake Cortex Code to speed up the development, testing, and iteration of additional AI agents, built on the same underlying data and controls With Snowflake as its secure, governed data foundation, United Rentals is accelerating AI innovation across the business while maintaining trust, consistency, and contro

With Semantic View Autopilot, organizations including eSentire, HiBob, Simon AI, and VTS can ensure that AI agents operate on the same trusted business metrics, while cutting semantic model creation from days to minutes Customers like World Kinect can leverage natural language prompts from Cortex Code within Snowflake Notebooks to automate the development and deployment of fully-functional ML pipelines, including real-time workflows Enterprises like WHOOP use Cortex Agent Evaluations to confidently bring AI agents into production by making their behavior transparent and auditable Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced new innovations to help enterprises

Cortex Code, Snowflake's AI coding agent, helps customers like Braze, Decile, dentsu, FYUL, LendingTree, Shelter Mutual Insurance, TextNow, United Rentals, and WHOOP perform complex data engineering, analytics, machine learning, and agent-building tasks in simple, natural language Cortex Code CLI makes every data team more productive by bringing secure, Snowflake-aware coding assistance to local development workflows so enterprises can build faster within their preferred environments Snowflake delivers a secure, modern development environment that supports end-to-end AI workflows at scale with a new integration with v0 by Vercel, agentic web search by Brave Search, and enhancements t

Leading enterprises including BlueCloud and Sigma Computing will rely on Snowflake Postgres to reduce data silos and complex data pipelines for AI and analytics use cases Snowflake Horizon Catalog helps customers like Merck and Motorq access and govern data across different systems and formats with enhanced interoperability, reducing data silos, eliminating lock-in, and helping ensure AI systems run on trusted data Snowflake is advancing data sharing and data backup capabilities, enabling enterprises to build AI systems that can be securely shared and protected wherever it lives Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced advancements that make data AI-ready

Snowflake (NYSE:SNOW), the AI Data Cloud company, will present at the following investor conference. Chief Executive Officer, Sridhar Ramaswamy, and Chief Financial Officer, Brian Robins, will present at the Morgan Stanley Technology, Media & Telecom Conference, on Tuesday, March 3rd at 4:05PM PT. An event webcast will be accessible on the investor relations section of the Snowflake website at https://investors.snowflake.com and archived on the Snowflake site for a period of 30 days. About Snowflake Snowflake is the platform for the AI era, making it easy for enterprises to innovate faster and get more value from data. More than 12,600 customers around the globe, including hundred

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2026, which ended January 31, 2026, following the close of the U.S. markets on Wednesday, February 25, 2026. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on February 25, 2026. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 084430). For investors and participants outside the United States, see global dial-in numbers here (Access code: 084430). The call will also be webcast live on the Snow

Snowflake and OpenAI sign $200 million partnership agreement to deliver advanced AI model capabilities to enterprise customers through co-innovation and joint go-to-market efforts Global customers such as Canva and WHOOP will leverage OpenAI industry-leading models in Snowflake to deploy context-aware AI apps and agents across their businesses Under the partnership, OpenAI is one of the primary model capabilities in Snowflake's platform Snowflake and OpenAI's multi-year partnership will accelerate agentic AI adoption across the world's largest enterprises Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced a new collaboration with OpenAI that enables global enterp

30+ new partner solutions help unify IT, OT, and business data — powering predictive maintenance, grid optimization, and emissions reduction for a more reliable and lower-carbon future Snowflake Energy Solutions bring together Snowflake's governance capabilities, partner-developed solutions, and industry-critical datasets to help power & utilities and oil & gas companies unite siloed IT, OT, and IoT data in one secure platform Unified data gives operators a clear, real-time view of their assets so they can predict issues, optimize performance, and make smarter decisions at scale Industry leaders including ExxonMobil, Expand Energy, IGS Energy, PG&E, Powerex, Siemens, and Sunrun alr

The acquisition will expand Snowflake's capabilities in a $50+ billion IT operations management software market1, positioning it to deliver next generation AI-powered observability based on open standards Observe's leading observability platform will integrate directly into Snowflake, extending the value of the AI Data Cloud to allow enterprises to ingest and retain 100% of their telemetry data at lower cost. By combining Observe's AI Site Reliability Engineer (SRE) with Snowflake's high-fidelity data, teams can move from reactive monitoring to proactive, automated troubleshooting, resolving production issues up to 10x faster. This move will create a unified, open-standard architec

  Snowflake expands its collaboration with Google Cloud by bringing Gemini 3 to Snowflake Cortex AI to help enterprises like BlackLine and Fivetran unlock faster insights, reduce data movement, and accelerate AI-driven growth Expanded collaboration enhances Snowflake and Google Cloud's GTM alignment by expanding joint sales and product integrations Snowflake and Google Cloud provide customers secure, high-performance access to generative AI and advanced analytics on Google Cloud infrastructure Snowflake launching on Google Cloud in Saudi Arabia and Melbourne to support growing customer demand Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it has expanded its c

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Goldman resumed coverage of Snowflake with a rating of Buy and set a new price target of $250.00

Barclays downgraded Snowflake from Overweight to Equal Weight and set a new price target of $250.00

Argus upgraded Snowflake from Hold to Buy

Monness Crespi & Hardt reiterated coverage of Snowflake with a rating of Buy and set a new price target of $275.00 from $260.00 previously

Wells Fargo initiated coverage of Snowflake with a rating of Overweight and set a new price target of $275.00

Monness Crespi & Hardt reiterated coverage of Snowflake with a rating of Buy and set a new price target of $260.00 from $245.00 previously

BofA Securities upgraded Snowflake from Neutral to Buy and set a new price target of $240.00

Stephens initiated coverage of Snowflake with a rating of Overweight and set a new price target of $261.00

Morgan Stanley resumed coverage of Snowflake with a rating of Overweight and set a new price target of $262.00

UBS upgraded Snowflake from Neutral to Buy and set a new price target of $265.00

From Fortune 500 companies like Cisco, to global enterprises like Toyota Motor Europe, and sports teams like USA Bobsled/Skeleton Team, organizations in every industry are leveraging Snowflake Intelligence to democratize data and AI throughout their business Innovations such as Cortex Agents, Cortex Knowledge Extensions, and Snowflake managed MCP Server provide the building blocks that users need to create powerful, custom AI solutions More than 1,000 Snowflake customers have already leveraged Snowflake Intelligence to deploy over 12,000 AI agents across their businesses, and that number continues to grow Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced that Snowflak

Winter is coming! USABS will leverage Snowflake's world-class data and AI platform to gain crucial insights to support athletes, optimize sled technology and enhance strategic decision-making on ice USA Bobsled/Skeleton (USABS) selects Snowflake as the Official Data Cloud Provider aligning shared values of speed and excellence in the run up to the Olympic and Paralympic Winter Games Milano Cortina 2026 Snowflake's technology will provide coaches with fast, actionable data to make micro-adjustments to athlete technique Partnership extends on Snowflake's commitment to bringing best-in-class innovation to Team USA and the LA28 Olympic and Paralympic Games as their Official Data Collab

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced that Brian Robins is joining the company as Chief Financial Officer, effective September 22. In this role, Mr. Robins will be responsible for shaping Snowflake's financial strategies to support its growth and long-term health, and will lead the global finance organization, including planning, treasury, tax, reporting, and investor relations. Snowflake also announced that Mike Scarpelli is retiring as Chief Financial Officer, effective September 22. Mr. Scarpelli will stay a Snowflake employee for a period of time to support continuity and a smooth transition, then will take on an advisory role at Snowflake. "We're incredibl

Niederman brings 30+ years of partner strategy and GTM experience to lead Snowflake's ecosystem into the next phase of growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced Chris Niederman as Senior Vice President of Alliances & Channels, starting July 21, 2025. Niederman will be responsible for leading the Snowflake global channel and partner ecosystem, and driving growth and collaboration through the Snowflake AI Data Cloud to empower every enterprise to achieve its full potential through data and AI. "At the heart of the AI Data Cloud, the Snowflake partner ecosystem is accelerating innovation and delivering critical value to our 11,000+ global customers," said Mik

With Cortex Knowledge Extensions, enterprises can now enrich their AI apps and agents with real-time news and content from USA TODAY, the USA TODAY Network, Stack Overflow, and more Customers can leverage sharing of Semantic Models to find, share, and integrate AI-ready structured data into agentic workflows Users can now discover, install, and purchase third-party Agentic Native Apps on Snowflake Marketplace, which harness agentic AI to securely bring together customer and provider data from within Snowflake's governance perimeter Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, new agentic products on Snowfla

Empowering enterprises across industries to build and deploy secure, compliant AI agents and applications with Snowflake Postgres, powered by Crunchy Data's enterprise-grade PostgreSQL Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, its intent to acquire Crunchy Data, a leading provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade and developer-friendly PostgreSQL database to the AI Data Cloud, enabling developers with the full power of Postgres while providing the uncompromising governance, security and operational standards es

Dell Technologies veteran brings decades of go-to-market expertise to support Snowflake's continued growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced the appointment of Bill Scannell to its Board of Directors, effective May 7, 2025. "The addition of Bill Scannell to Snowflake's Board of Directors comes at an exciting time as we continue to empower every enterprise to unlock the full potential of their data and AI," said Sridhar Ramaswamy, CEO at Snowflake. "Bill exemplifies field excellence: his deep experience in global sales and customer operations will be instrumental in driving us forward." Scannell is currently the President of Global Sales and Customer Operat

Snowflake taps renowned technology go-to-market leader as CRO Chris Degan announces his retirement Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced that Mike Gannon is joining the company as Chief Revenue Officer, effective March 14, 2025. In his new role, Gannon will be responsible for Snowflake's revenue and go-to-market teams, helping to lead Snowflake through its next chapter of growth. Chris Degnan, Snowflake's current CRO, has decided to retire. "We're thrilled to bring Mike on board," said Sridhar Ramaswamy, Snowflake's Chief Executive Officer. "His experience developing world-class organizations in highly-competitive markets, and scaling operations during high-gro

Santa Clara, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The second annual Iceberg Summit, sanctioned by the Apache Software Foundation (ASF) and overseen by the Apache Iceberg Project Management Committee (PMC), returns as a hybrid event from April 8-9, 2025. Organized and sponsored by AWS, Dremio, Microsoft, and Snowflake, Iceberg Summit highlights the industry's collective effort to promote and advance Apache Iceberg™ as the foundation of modern data stacks. For the first time, Iceberg Summit will feature an in-person gathering in San Francisco, California complemented by a virtual option for remote attendees. The event will bring together top Iceberg contributors, industry leaders, and

USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, May 31, 2024 /PRNewswire/ -- USA News Group – With the artificial intelligence (AI) revolution fully underway, the importance and security of the data centers that power the new technology is surging. The role and preservation of these data centers is generating multiple calls for them and their power sources to be recognized as a matter of national security. Former Google CEO Eric Schmidt went so far as to predict that AI data centers will one day be "on military bases surrounded by machine guns,"  as stated in an interview with Noema Magazine. According to analysts at Dell'Oro Group, data center spending is fo

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Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2026, which ended January 31, 2026, following the close of the U.S. markets on Wednesday, February 25, 2026. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on February 25, 2026. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 084430). For investors and participants outside the United States, see global dial-in numbers here (Access code: 084430). The call will also be webcast live on the Snow

Product revenue of $1.16 billion in the third quarter, representing 29% year-over-year growth Net revenue retention rate of 125% 688 customers with trailing 12-month product revenue greater than $1 million 766 Forbes Global 2000 customers Remaining performance obligations of $7.88 billion, representing 37% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its third quarter of fiscal 2026, ended October 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251203781279/en/Snowflake Q3 FY26 Infographic (Graphic: Snowflake) Revenue for the quarter was $1.21 bi

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the third quarter of fiscal year 2026, which ended October 31, 2025, following the close of the U.S. markets on Wednesday, December 3, 2025. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on December 3, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 752353). For investors and participants outside the United States, see global dial-in numbers here (Access code: 752353). The call will also be webcast live on the Snowflake Investor Re

Product revenue of $1.09 billion in the second quarter, representing 32% year-over-year growth Net revenue retention rate of 125% 654 customers with trailing 12-month product revenue greater than $1 million 751 Forbes Global 2000 customers Remaining performance obligations of $6.9 billion, representing 33% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its second quarter of fiscal 2026, ended July 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250827782179/en/Snowflake Q2 FY26 Infographic (Graphic: Snowflake) Revenue for the quarter was $1.1

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the second quarter of fiscal year 2026, which ended July 31, 2025, following the close of the U.S. markets on Wednesday, August 27, 2025. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on August 27, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 013538). For investors and participants outside the United States, see global dial-in numbers here (Access code: 013538). The call will also be webcast live on the Snowflake Investor Relati

Product revenue of $996.8 million in the first quarter, representing 26% year-over-year growth Net revenue retention rate of 124% 606 customers with trailing 12-month product revenue greater than $1 million 754 Forbes Global 2000 customers Remaining performance obligations of $6.7 billion, representing 34% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2026, ended April 30, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250521451903/en/Snowflake Q1 FY26 Infographic (Graphic: Snowflake) Revenue for the quarter was $1.0 billi

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the first quarter of fiscal year 2026, which ended April 30, 2025, following the close of the U.S. markets on Wednesday, May 21, 2025. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on May 21, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 692434). For investors and participants outside the United States, see global dial-in numbers here (Access code: 692434). The call will also be webcast live on the Snowflake Investor Relations websi

Product revenue of $943.3 million in the fourth quarter, representing 28% year-over-year growth Net revenue retention rate of 126% 580 customers with trailing 12-month product revenue greater than $1 million 745 Forbes Global 2000 customers Remaining performance obligations of $6.9 billion, representing 33% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its fourth quarter and full-year of fiscal 2025, ended January 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250226670487/en/Snowflake Q4 and Full-Year FY25 Infographic (Graphic: Snowflake)

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2025, which ends January 31, 2025, following the close of the U.S. markets on Wednesday, February 26, 2025. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on February 26, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 180858). For investors and participants outside the United States, see global dial-in numbers here (Access code: 180858). The call will also be webcast live on the Snowf

Product revenue of $900.3 million in the third quarter, representing 29% year-over-year growth Net revenue retention rate of 127% 542 customers with trailing 12-month product revenue greater than $1 million 754 Forbes Global 2000 customers Remaining performance obligations of $5.7 billion, representing 55% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its third quarter of fiscal 2025, ended October 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120291775/en/Snowflake Q3 FY25 Infographic (Graphic: Snowflake) Revenue for the quarter was $9