The combination of launches at Summit 2025 highlight how Snowflake is expanding its lens for its platform ranging from analytics to data to AI. CEO Sridhar Ramaswamy said the company's revised mission statement is to "empower every enterprise to achieve its full potential through data and AI."
Snowflake said it will acquire Crunchy Data, which provides open source Postgres technology, and launch Snowflake Postgres for its AI Data Cloud.
Snowflake delivered first quarter revenue growth of 26%. The company's data platform continues to see strong demand due to AI workloads.
Snowflake Cortex AI will integrate Microsoft Azure OpenAI Service in Azure AI Foundry. That move will put OpenAI's models Snowflake and make them available as data agents in Snowflake's AI Data Cloud.
Snowflake said it has inked a multi-year deal to bring Anthropic's Claude models to Snowflake Cortex AI. Anthropic's Claude will be a part of Snowflake Intelligence and Cortex Analyst. The company also reported strong third quarter earnings.
Snowflake reported strong product revenue growth 29% in the second quarter and raised its outlook.
Snowflake fleshed out more of its artificial intelligence strategy and announced a bevy of data management tools designed to advance enterprise AI while keeping its data analytics base in the fold.
Snowflake announced Polaris Catalog, an open-source community catalog for Apache Iceberg. The move provides Apache Iceberg interoperability with AWS, Confluent, Dremio, Google Cloud, Microsoft Azure, Salesforce among others.
Snowflake reported a mixed first quarter and said it will acquire technology assets and employees from TruEra, an AI observability platform that can manage evaluate large language models (LLMs).
Snowflake launched Arctic, an open-source large language model (LLM) optimized for enterprise workloads and efficiency. The move highlights how data platforms are increasingly launching LLMs to combine with their data platforms.
Here's a look at what Snowflake CEO Sridhar Ramaswamy had to say on some core themes that'll matter to customers.
A lot of people mistake that he's a technologist and doesn't have operational chops. He ran a very large team at Google," said Snowflake CFO Michael Scarpelli.
