Snowflake Inc. Class A Common Stock (SNOW)

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, major innovations that expand on Snowflake Cortex AI, Snowflake’s suite of enterprise-grade AI capabilities, empowering global organizations to modernize their data analytics for today’s AI landscape. Snowflake is unveiling SnowConvert AI, an agentic automation solution that accelerates migrations from legacy platforms to Snowflake. With SnowConvert AI, data professionals can modernize their data infrastructure faster, more cost-effectively, and with less manual effort. Once data lands in Snowflake, Cortex AISQL (now in public preview) then brings generative AI directly into customers’ queries, enabling teams to extract insights across multi-modal data and build flexible pipelines using SQL and AI — all while providing best‑in‑class performance and cost efficiency.

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 essential for building and running mission-critical AI applications.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, new agentic products on Snowflake Marketplace that accelerate agentic AI adoption across the enterprise. Cortex Knowledge Extensions (generally available soon) on Snowflake Marketplace enables enterprises to enrich their AI apps and agents with proprietary unstructured data from third-party providers — all while allowing providers to protect their intellectual property and ensure proper attribution. This includes a selection of business articles and content from The Associated Press, which will help users further enhance the usefulness of results in their AI systems. Real-time news and content from USA TODAY and the USA TODAY Network is also available through Cortex Knowledge Extensions, alongside third-party content from publishers like CB Insights, Packt, and Stack Overflow.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, the next evolution of compute innovations that deliver faster performance, enhanced usability, and stronger price-performance value — raising the bar for modern data infrastructure. This includes Standard Warehouse – Generation 2 (Gen2) (now generally available), an enhanced version of Snowflake’s virtual Standard Warehouse with next-generation hardware and additional enhancements to deliver 2.1x1 faster analytics performance and 1.9x2 faster analytics performance than Managed Spark. In addition, Snowflake introduced Snowflake Adaptive Compute (now in private preview), a new compute service that lowers the burden of resource management by maximizing efficiency through automatic resource sizing and sharing. Warehouses created using Adaptive Compute, known as Adaptive Warehouses, accelerate performance for users without driving up costs, ultimately redefining data management in the era of AI.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, that Canva, the world’s leading visual communication platform, is leveraging Snowflake to enhance both the user experience for its global community and drive significant growth in its B2B segment as it expands its relevance and impact across the enterprise. By harnessing the power of Snowflake's platform, Canva is accelerating the delivery of new features, optimizing its marketing and sales operations, and personalizing the design journey as it continues to scale globally, reaching new audiences and entering new markets.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, that it is revolutionizing data movement with Snowflake Openflow, a multi-modal data ingestion service that allows users to easily connect to virtually any data source and drive value from any data architecture. Snowflake Openflow underscores Snowflake’s commitment to data unification and interoperability, enabling thousands of global customers to integrate their entire enterprise data ecosystem with AI models, apps, and data agents directly in Snowflake through pre-built and extensible connectors. Eliminating fragmented data stacks and the hours of manual labor data teams spend on ingestion, Snowflake Openflow makes data movement effortless, unifying various types of data and formats, so customers can rapidly deploy AI-powered innovations. Snowflake Openflow’s Bring Your Own Cloud deployment model is now generally available on AWS.

Snowflake (NYSE: SNOW) today announced a three-year partnership as the Official Data Collaboration Provider for the LA28 Olympic and Paralympic Games and Team USA. Snowflake joins a roster of exceptional technology partners bringing best-in-class innovation to the LA28 Olympic and Paralympic Games.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2026, ended April 30, 2025.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced the appointment of Bill Scannell to its Board of Directors, effective May 7, 2025.

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.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced the continued expansion and significant momentum of its AI Data Cloud for Manufacturing with a focused acceleration of automotive-specific solutions. Since April 2023, Snowflake has seen significant adoption of its platform within the manufacturing sector, including a substantial 416% increase in the development of Data Application and Data Collaboration initiatives, reflecting the growing use of Snowflake to build custom manufacturing solutions and securely share data. Additionally, Snowflake has seen a 185% increase in Analytics deployments as manufacturers leverage the platform for deeper business insights, and a 188% growth in Data Science solutions deployed for advanced predictive modeling and AI applications.

Snowflake (NYSE: SNOW), the AI Data Cloud company, in collaboration with Enterprise Strategy Group, today released the “Radical ROI of Generative AI,” a global research report surveying 1,900 business and IT leaders across nine different countries — all of whom are actively using AI for one or more use cases. Of all respondents, 92% reported that their AI investments are already paying for themselves, and 98% plan to invest more on AI in 2025. As AI adoption accelerates across global enterprises, a robust data foundation has emerged as the cornerstone of successful implementation, yet respondents are still grappling with how to make their data AI-ready.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it has achieved Department of Defense (DOD) Impact Level 5 (IL5) Provisional Authorization (PA) on AWS GovCloud US-West. This authorization enables Snowflake to offer IL5 authorized solutions to organizations requiring the highest levels of protection for Controlled Unclassified Information (CUI) within the DOD and related agencies. It also allows the DOD to leverage advanced data analytics, collaborate securely, and generate AI-driven insights on Snowflake's platform to enhance mission-critical operations, accelerate digital transformation initiatives, and achieve cognitive advantage. This milestone comes as Snowflake expands its government-focused operations with the launch of Snowflake Public Sector, Inc., a dedicated U.S. Public Sector subsidiary, emphasizing its commitment to serving Federal, Defense, State and local government, and education entities.

Snowflake (NYSE: SNOW), the AI Data Cloud company, announced that it is bringing its core capabilities — unparalleled performance, secure data sharing, and data protection — to Apache Iceberg™ tables1, one of the fastest-growing open table formats, empowering organizations to activate data faster with zero data movement and open interoperability. As a result, Snowflake customers can now seamlessly accelerate their open lakehouse strategies, unlocking data access and analysis across open and managed environments in order to build, scale, and share advanced insights and AI-powered apps faster.

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.

Snowflake (NYSE: SNOW), the AI Data Cloud company, will host its seventh-annual user conference, Snowflake Summit 2025, live in San Francisco from June 2-5, 2025. Snowflake Summit 2025 is bringing the future of AI and data to the center stage, with this year’s opening keynote featuring OpenAI CEO Sam Altman, and Snowflake CEO Sridhar Ramaswamy, for a fireside chat on Monday, June 2 at 5:00 p.m. PDT. The conversation will explore how organizations can drive immediate impact with the power of data and AI. As the premier conference for data, AI, and applications, Snowflake Summit 2025 empowers enterprises to unlock real business value with AI innovation. Attendees will explore groundbreaking applications shaping the new era of data gravity and discover the latest innovations transforming their data architectures.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that it is deepening its investments in AI innovation by opening the Silicon Valley AI Hub, a home for developers, startups and business leaders to learn, deepen relationships, and shape the future of AI.

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.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced an expanded partnership with Microsoft that will empower enterprises to build easy, efficient, and trusted AI-powered apps and data agents with OpenAI’s models directly in Snowflake Cortex AI, Snowflake’s fully managed AI service. Snowflake Cortex AI will integrate Microsoft Azure OpenAI Service in Azure AI Foundry, making OpenAI’s state-of-the-art models available for use on Microsoft Azure regions within Snowflake, and optimized to reason across audio, video, and text in real-time. Now, thousands of global enterprises will be able to create data agents powered by OpenAI’s models in the secure boundary of Snowflake’s AI Data Cloud — ultimately saving businesses time and money.

Snowflake (NYSE: SNOW), the AI Data Cloud company, will present at two upcoming investor conferences.

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.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced the launch of its One Million Minds + One Platform program with the goal of training and certifying more than 100,000 users on the Snowflake AI Data Cloud by 2027 at no cost for learners, and upskilling one million people on data and AI by 2029. Fueled by Snowflake’s $20 million investment, the One Million Minds + One Platform program will provide Snowflake-delivered training and certification courses to students and workers in high growth and emerging markets around the world. By delivering curriculum resources for workers and educators, as well as credits to use the Snowflake platform, Snowflake is unlocking AI upskilling for the next generation of business and technology users, empowering them to expand their skill sets to gain a competitive edge.

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Snowflake Inc. (“Snowflake”) (NYSE: SNOW) breached their fiduciary duties to Snowflake and its shareholders.

Snowflake (NYSE: SNOW), the AI Data Cloud company, and Anthropic, an AI safety and research company, today announced a strategic multi-year partnership that will enable global enterprises to develop and scale easy, efficient, and trusted AI products, apps, and workflows powered by the latest state-of-the-art models. Anthropic’s newest Claude 3.5 models will be available for users to securely leverage within Snowflake Cortex AI, Snowflake’s fully managed AI service that provides a suite of generative AI features, on Amazon Web Services (AWS). In addition, Snowflake’s agentic AI products, including Snowflake Intelligence and Cortex Analyst, will leverage Claude as one of the key large language models (LLMs) powering these experiences.

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it has signed a definitive agreement to acquire Datavolo, the company built to rapidly accelerate the creation, management, and observability of multimodal data pipelines for enterprise AI1. With this acquisition, Snowflake will deepen its service in the ‘bronze layer’ of the data lifecycle and will deliver a simple way for data engineering teams to integrate all of their enterprise systems with Snowflake’s unified platform, where they can then unlock data for AI and ML, apps and analytics, and leverage the scale, performance, and built-in governance of the AI Data Cloud. Together, Datavolo and Snowflake will both simplify data engineering workloads and deliver unmatched data interoperability and extensibility - a building block for effective enterprise AI.