Snowflake partners with OpenAI in $200 million AI deal

Snowflake said on Monday it has entered a $200 million ‍partnership with OpenAI to integrate advanced artificial intelligence models directly into its ⁠cloud data platform, as enterprises increasingly turn to AI to extract insights from vast troves of data.

Cloud data platforms, where companies store much of ‌their most ‌valuable and sensitive information, are emerging as a key battleground for generative AI businesses.

By ‌embedding AI models directly into these platforms, vendors aim to let enterprises analyze data, search internal documents and automate tasks more easily, while preserving strict data security and governance controls.