Snowflake Inc. develops the AI Data Cloud, a cloud-native platform used by enterprises to build, use and share data, applications and AI across governed data environments. Company news commonly covers financial results, product revenue trends, customer adoption, platform expansion and go-to-market execution.
Recurring updates include AI and data-product announcements tied to Snowflake Intelligence, Cortex Code and Project SnowWork; customer and industry research on generative and agentic AI; user-conference developments; and leadership changes affecting revenue, sales and governance roles. Snowflake’s disclosures also emphasize data sharing, interoperability, security and governance as operating themes within its enterprise software platform.
Snowflake (SNOW) announced updates to its CoCo and CoWork AI agents, including Bots designed to perform background work autonomously. Bots are coming to private preview; CoCo Automations, the Async Agent API, and Skills and Plugin Sharing are generally available. Slack, spreadsheet and mobile integrations are in public preview, alongside Cortex Training for customizing AI models within Snowflake’s governed environment.
CoWork usage exceeded 5,800 accounts and CoCo usage exceeded 9,100 accounts, measured as average weekly usage over the last four weeks of the quarter ended July 31, 2026. Snowflake is also welcoming the Mora team to support shared reports and dashboards. Other updates include controls for retaining agent memory and sharing workflows. Automatic model selection and routing for CoCo are in private preview.
Snowflake (NYSE: SNOW) announced new business-context and governance capabilities for enterprise AI agents within its Horizon Catalog platform. Business Ontology, coming soon in public preview, lets organizations approve business definitions and link them to underlying data. Cortex Sense, also coming soon in public preview, infers context that has not already been defined; human-approved definitions take precedence.
Cortex AI Gateway is generally available, alongside observability, inference and cost-governance capabilities. Gateway Tools and AI Guardrails are in public preview. Sandboxes for executing agent code, Agent Abuse Detection, Agent Trace Intelligence and Dynamic Model Routing are in private preview. Snowflake also served as a technical design partner with OpenAI on Private Safety Processing, which remains in development.
Snowflake (NYSE: SNOW) announced autonomous data engineering and real-time analytics capabilities designed to support AI agents using governed, live data. Generally available CoCo Cloud Agents and CoCo Automations run recurring tasks in the cloud, with engineers reviewing proposed pipeline fixes before production deployment.
The rollout spans different availability stages: Pipeline Builder is in public preview, while Datastream and Snowflake for Slack are scheduled for public preview soon. Streaming Transformations is in private preview. Generally available Interactive Analytics serves applications and agents directly from Snowflake. Snowpark Connect updates support moving Apache Spark workloads to Snowflake. Snowflake positions these capabilities as a way to reduce manual pipeline maintenance and bring data ingestion and analytics onto one governed platform.
Snowflake (NYSE: SNOW) will present at two investor conferences in December, with its chief financial officer and chief executive participating.
CFO Brian Robins will present at the UBS Technology and AI Conference on December 3 at 7:35am MT. CEO Sridhar Ramaswamy will present at the Barclays Global Technology Conference on December 9 at 7:35am PT. Webcasts will be available through Snowflake’s investor relations website and archived for 30 days.
Snowflake (SNOW) will release its fiscal 2027 third-quarter financial results after U.S. markets close on December 2, 2026.
The quarter ended October 31, 2026. A conference call will begin at 2 p.m. Pacific Time on December 2, with a live webcast on the Snowflake Investor Relations website.
Oracle (ORCL) and Snowflake announced plans to make Snowflake AI Data Cloud available as a native service on Oracle Cloud Infrastructure.
Customers will be able to purchase, provision and consume the offering directly through Oracle and apply Oracle Universal Credits toward usage. Supported data sources will include Oracle Fusion Cloud Applications, NetSuite, Oracle Autonomous AI Database, MySQL HeatWave and Oracle NoSQL Database. Oracle says the offering is designed to support analytics and AI workloads closer to customers' enterprise data, reduce custom data pipelines and lower cross-cloud data movement costs.
Lumen Technologies (LUMN) and Snowflake (SNOW) announced their intent to collaborate on simplifying private data connectivity across enterprise environments.
The companies plan to combine Lumen’s programmable network with Snowflake’s AI Data Cloud. Their proposed approach uses Snowflake’s Data Connectivity Proxy, a secure connectivity layer designed to be pre-installed on Lumen infrastructure, to move data over Lumen’s private fiber networks. Customers can already use integrated capabilities for secure connectivity across hybrid environments. The companies intend to explore additional ways to make private connections easier to establish and manage.
Snowflake (SNOW) has appointed database researcher Jeff Naughton as Technical Fellow to work with its engineering teams on data infrastructure. His role includes translating systems research into platform capabilities for AI workloads and deepening connections with academic researchers. Naughton most recently served as Senior Vice President and Fellow at Celonis and previously worked at Google and UW–Madison.
Snowflake (NYSE: SNOW) will host its virtual Expedition 2026 event November 3–5, 2026 in the Americas, with free registration. Global regions will stream the event November 4–6, 2026. The event expands the former BUILD developer conference to technical, sales and marketing, and finance audiences, with separate sessions for leaders and hands-on practitioners.
Snowflake CEO Sridhar Ramaswamy and Microsoft Chairman and CEO Satya Nadella will appear in a pre-recorded conversation about moving enterprise AI from experimentation into production. Snowflake plans to unveil innovations for connecting data, adding business context to AI, and putting AI workflows into production. Registration is open to customers, partners, and data and AI practitioners globally.
Snowflake (SNOW) priced an upsized $3.75 billion private placement of zero-interest convertible notes maturing in 2029 and 2031. The offering comprises $2.0 billion of 2029 notes and $1.75 billion of 2031 notes, up from a previously announced $3.5 billion. The sale is expected to close October 1, 2026, subject to customary closing conditions. Estimated net proceeds are approximately $3.70 billion, or approximately $4.24 billion if purchasers exercise their options in full.
The initial conversion prices are approximately $500.38 for the 2029 notes and $483.98 for the 2031 notes. Snowflake expects to spend approximately $383.5 million on capped calls, which it expects to limit conversion-related dilution or excess cash payments, subject to a cap. The capped calls have an initial cap price of $820.30 per share. Snowflake also expects to spend approximately $548.3 million to repurchase approximately $261.8 million principal of its 2027 notes.