Welcome to our dedicated page for Snowflake news (Ticker: SNOW), a resource for investors and traders seeking the latest updates and insights on Snowflake stock.
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 (NYSE: SNOW) announced that Thomson Reuters is building its enterprise AI and data platform on Snowflake to deliver trusted, governed intelligence at scale. Thomson Reuters uses Snowflake across 37,500+ governed tables and 350 data sources, with 1,500+ users running key workloads up to 3.4x faster.
Snowflake (NYSE:SNOW) announced that biopharma leader Sanofi is standardizing on Snowflake’s AI Data Cloud to support AI-powered drug development and commercial operations. Sanofi is deploying Snowflake Cortex AI, CoWork, and partner Elementum across R&D, manufacturing, procurement, IT, HR, and field sales.
A new AI agent, “Concierge for Field”, uses Snowflake to generate pre-call plans for sales reps in seconds, using physician specialty, prescribing history, and prior engagement data, aiming to speed decisions and help bring therapies to patients faster.
Snowflake (NYSE:SNOW) announced an open, interoperable framework for enterprise data and AI at Snowflake Summit 2026. The company is introducing Apache Iceberg v3 support, Snowflake Storage for Apache Iceberg Tables, and the Horizon Catalog powered by Apache Polaris to unify governance across systems.
These capabilities let organizations work on a single, live, governed data copy across Snowflake, external lakes, and open ecosystems, with zero-copy integrations to major platforms and natural-language AI access via CoCo and agent-based data sharing.
Snowflake (NYSE: SNOW) announced new innovations for Snowflake Horizon Catalog at Snowflake Summit 26 to support trusted enterprise AI. Enhancements such as Horizon Context, new AI security capabilities, and Adaptive Compute aim to centralize governance, business context, and security for AI agents, apps, and data.
Snowflake (NYSE: SNOW) unveiled new CoWork and Cortex AI innovations at Snowflake Summit 26 to help knowledge workers move from data to decisions to action.
Enhancements include Cortex Sense, Artifacts dashboards, Deep Research, User Skills/Memory, mobile and Slack integrations, plus Cortex Training for customizable, GPU-managed model training.
Snowflake (NYSE:SNOW) introduced major upgrades to Snowflake CoCo, its AI coding agent, and unveiled Snowflake Datastream, a fully managed, Kafka-compatible streaming service built natively on Snowflake.
CoCo now spans desktop, mobile, Slack, and popular developer tools, supports autonomous, governed automations, reusable skills, and deeper app integrations, while Datastream brings real-time streaming data directly into Snowflake for AI apps.
Snowflake (NYSE:SNOW) and Anthropic report growing enterprise use of Anthropic’s Claude models within Snowflake Cortex AI, driven by demand for governed, production-ready AI on trusted data.
The partners highlight customer adoption across industries, co-innovation in Cortex Code, Snowflake Intelligence, Cortex Agents, Claude Marketplace, and joint work on security-focused AI development.
Snowflake (NYSE:SNOW) signed a multi-year strategic collaboration agreement with AWS to accelerate enterprise generative and agentic AI adoption. Snowflake committed $6 billion in Graviton compute and AI spend on AWS over five years, as lifetime AWS Marketplace sales surpassed $7 billion and exceeded $2 billion in 2025, more than doubling year-over-year transaction growth.
The expanded deal deepens product integrations, scales joint go-to-market, and supports global AI deployments on governed data across new AWS regions.
Snowflake (NYSE: SNOW) signed a definitive agreement to acquire Natoma, an enterprise Model Context Protocol (MCP) platform for AI agents. The deal aims to add a native governance and identity layer so Snowflake Intelligence, Cortex Agents and Cortex Code can securely connect to enterprise apps and tools. Closing is subject to customary conditions.
Snowflake (NYSE:SNOW) reported Q1 fiscal 2027 results for the quarter ended April 30, 2026, with product revenue of $1.33 billion, up 34% year-over-year, and total revenue of $1.39 billion, up 33%.
Key metrics include a 126% net revenue retention rate, 779 customers generating over $1 million in trailing 12‑month product revenue (29% growth), remaining performance obligations of $9.21 billion (38% growth), and non‑GAAP operating margin of 11.9%. Snowflake raised full‑year product revenue guidance to $5.84 billion (31% growth) and announced a $6 billion multi‑year AWS agreement, expanded AI partnerships, and a definitive agreement to acquire Natoma.