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On Thu, 27 Feb, 8:04 AM UTC
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[1]
Snowflake Securely Integrates Microsoft Azure OpenAI Service To Provide Access T...
No-Headquarters/BOZEMAN, Mont. - February 26, 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 optimised 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. "We're expanding our long-standing partnership with Microsoft to deliver the best of OpenAI's innovations directly to our customers, further advancing our promise to bring easy, efficient, and trusted AI to enterprises around the world," said Christian Kleinerman, EVP of Product, Snowflake. "There's enormous power in our customers being able to use OpenAI models directly in Snowflake's secure platform, unlocking multimodal, agentic, and conversational AI use cases that drive high impact." By bringing OpenAI's models to Cortex AI through an integration with Azure OpenAI Service, Snowflake further solidifies its leadership in providing users with frontier AI models within the same unified governance framework as their data. Snowflake's cross-region and cross-cloud AI inference also enables global customers to seamlessly access OpenAI's models from any cloud or region, without needing complex integrations or manual setup. Access to these models is secured with Snowflake's strong security guarantees through deep integrations with Microsoft Azure, providing protected connections for customers on any cloud provider. OpenAI's models provide advanced reasoning and instruct capabilities, allowing users to quickly build scalable AI apps and data agents that deliver accurate, grounded insights using their enterprise data. Snowflake customers achieve this because OpenAI's models run within the security boundary of Snowflake's AI Data Cloud. Snowflake Horizon Catalog's strong enterprise-grade compliance, security, privacy, discovery, and collaboration capabilities natively integrated into Cortex AI allows users to focus on driving impact with OpenAI's models. "Enterprises are looking to leverage their proprietary data to create AI differentiation in ways that bring the richest experiences to the world, and the Snowflake partnership with Azure OpenAI Service through Azure AI Foundry will empower our joint customers to deliver intuitive and trustworthy app experiences even faster," said Asha Sharma, CVP, Head of Product, Microsoft AI Platform. "It's our shared data-centric approach to AI that helps break down barriers to production for businesses of all sizes." Introducing OpenAI to the AI Data Cloud Through Azure OpenAI Service Integration According to a recent MIT Technology Review Insights report, Data Strategies for AI Leaders, 59% of respondents cited data governance, security, or privacy as a challenge to deploying generative AI. For today's enterprises, trust and security are paramount to the success of AI initiatives. With OpenAI's models available directly in Cortex AI through Azure OpenAI Service, enterprises benefit from Snowflake's built-in data governance, access controls, and monitoring, enabling customers to protect their most sensitive information. With OpenAI's models in the AI Data Cloud, joint customers of Snowflake and Microsoft can now seamlessly combine structured and unstructured data to deliver a richer, more engaging user experience. OpenAI's models will be available on select Microsoft Azure regions in the United States, with plans to expand globally. In addition to OpenAI's models, Snowflake offers various models from leading providers including Anthropic, DeepSeek, Meta, Mistral, and more, alongside Snowflake's Arcticopen source language and embedding models. Snowflake is committed to making the top-performing models seamlessly accessible to users within Cortex AI, allowing customers the choice and flexibility to select the best model for their specific use case. Snowflake Brings Data Agents to Microsoft 365 Copilot and Microsoft Teams Through this expanded partnership, Snowflake is collaborating with Microsoft to make Snowflake Cortex Agents available for end users in Microsoft 365 Copilot and Microsoft Teams (anticipated general availability in June 2025). Powered by Cortex AI, Cortex Agents will allow Microsoft's enterprise customers to interact with their structured and unstructured Snowflake data in natural language directly from within Microsoft apps -- streamlining their ability to ask questions and get insights from the core Microsoft tools they use every day. With this integration, AI-driven insights become more accessible for users at every skill level, improving productivity and helping fuel better decision-making across the enterprise. Additionally, developers can also leverage these Snowflake features through convenient REST APIs to customise and build secure natural language interfaces between Microsoft 365 apps and their data in Snowflake. Leading data and engineering teams are already leveraging Cortex AI through Microsoft Copilot to accelerate business insights. This press release contains express and implied forward-looking statements, including statements regarding (i) Snowflake's business strategy, (ii) Snowflake's products, services, and technology offerings, including those that are under development or not generally available, (iii) market growth, trends, and competitive considerations, (iv) the integration, interoperability, and availability of Snowflake's products with and on third-party platforms, and (v) the proposed strategic partnership with Microsoft. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including (i) risks related to unforeseen technical, operational, or business challenges impacting the timing, scope, or success of our strategic partnerships and (ii) the risks described under the heading "Risk Factors" and elsewhere in the Quarterly Reports on Form 10-Q and the Annual Reports on Form 10-K that Snowflake files with the Securities and Exchange Commission. In light of these risks, uncertainties, and assumptions, actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. As a result, you should not rely on any forward-looking statements as predictions of future events. © 2025 Snowflake Inc. All rights reserved. Snowflake, the Snowflake logo, and all other Snowflake product, feature and service names mentioned herein are registered trademarks or trademarks of Snowflake Inc. in the United States and other countries. All other brand names or logos mentioned or used herein are for identification purposes only and may be the trademarks of their respective holder(s). Snowflake may not be associated with, or be sponsored or endorsed by, any such holder(s). About Snowflake Snowflake makes enterprise AI easy, efficient and trusted. More than 11,000 companies around the globe, including hundreds of the world's largest, use Snowflake's AI Data Cloud to share data, build applications, and power their business with AI. The era of enterprise AI is here. Learn more at snowflake.com (NYSE: SNOW).
[2]
Snowflake Securely Integrates Microsoft Azure OpenAI Service to Provide Access to the Latest OpenAI Models with Expanded Microsoft Partnership
Snowflake strengthens strategic partnership with Microsoft to deliver OpenAI's state-of-the-art models directly to customers in Snowflake Cortex AI on Microsoft Azure AI Foundry Snowflake also launches new native integration enabling thousands of customers to seamlessly leverage Snowflake Cortex Agents within their Microsoft 365 Copilot and Microsoft 365 apps 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. "We're expanding our long-standing partnership with Microsoft to deliver the best of OpenAI's innovations directly to our customers, further advancing our promise to bring easy, efficient, and trusted AI to enterprises around the world," said Christian Kleinerman, EVP of Product, Snowflake. "There's enormous power in our customers being able to use OpenAI models directly in Snowflake's secure platform, unlocking multimodal, agentic, and conversational AI use cases that drive high impact." By bringing OpenAI's models to Cortex AI through an integration with Azure OpenAI Service, Snowflake further solidifies its leadership in providing users with frontier AI models within the same unified governance framework as their data. Snowflake's cross-region and cross-cloud AI inference also enables global customers to seamlessly access OpenAI's models from any cloud or region, without needing complex integrations or manual setup. Access to these models is secured with Snowflake's strong security guarantees through deep integrations with Microsoft Azure, providing protected connections for customers on any cloud provider. OpenAI's models provide advanced reasoning and instruct capabilities, allowing users to quickly build scalable AI apps and data agents that deliver accurate, grounded insights using their enterprise data. Snowflake customers achieve this because OpenAI's models run within the security boundary of Snowflake's AI Data Cloud. Snowflake Horizon Catalog's strong enterprise-grade compliance, security, privacy, discovery, and collaboration capabilities natively integrated into Cortex AI allows users to focus on driving impact with OpenAI's models. "Enterprises are looking to leverage their proprietary data to create AI differentiation in ways that bring the richest experiences to the world, and the Snowflake partnership with Azure OpenAI Service through Azure AI Foundry will empower our joint customers to deliver intuitive and trustworthy app experiences even faster," said Asha Sharma, CVP, Head of Product, Microsoft AI Platform. "It's our shared data-centric approach to AI that helps break down barriers to production for businesses of all sizes." Introducing OpenAI to the AI Data Cloud Through Azure OpenAI Service Integration According to a recent MIT Technology Review Insights report, Data Strategies for AI Leaders, 59% of respondents cited data governance, security, or privacy as a challenge to deploying generative AI. For today's enterprises, trust and security are paramount to the success of AI initiatives. With OpenAI's models available directly in Cortex AI through Azure OpenAI Service, enterprises benefit from Snowflake's built-in data governance, access controls, and monitoring, enabling customers to protect their most sensitive information. With OpenAI's models in the AI Data Cloud, joint customers of Snowflake and Microsoft can now seamlessly combine structured and unstructured data to deliver a richer, more engaging user experience. OpenAI's models will be available on select Microsoft Azure regions in the United States, with plans to expand globally. In addition to OpenAI's models, Snowflake offers various models from leading providers including Anthropic, DeepSeek, Meta, Mistral, and more, alongside Snowflake's Arctic open source language and embedding models. Snowflake is committed to making the top-performing models seamlessly accessible to users within Cortex AI, allowing customers the choice and flexibility to select the best model for their specific use case. Snowflake Brings Data Agents to Microsoft 365 Copilot and Microsoft Teams Through this expanded partnership, Snowflake is collaborating with Microsoft to make Snowflake Cortex Agents available for end users in Microsoft 365 Copilot and Microsoft Teams (anticipated general availability in June 2025). Powered by Cortex AI, Cortex Agents will allow Microsoft's enterprise customers to interact with their structured and unstructured Snowflake data in natural language directly from within Microsoft apps -- streamlining their ability to ask questions and get insights from the core Microsoft tools they use every day. With this integration, AI-driven insights become more accessible for users at every skill level, improving productivity and helping fuel better decision-making across the enterprise. Additionally, developers can also leverage these Snowflake features through convenient REST APIs to customize and build secure natural language interfaces between Microsoft 365 apps and their data in Snowflake. Leading data and engineering teams are already leveraging Cortex AI through Microsoft Copilot to accelerate business insights. Learn More: Explore how Snowflake and Microsoft's partnership is propelling customers' AI journeys forward. Learn more about Snowflake's commitment to customer data and AI safety in order to keep Snowflake customers' data private and secure on the Snowflake AI Terms page. See which large language models are available to global users in Snowflake Cortex AI, alongside their regional availability through Snowflake Documentation. Check out how global enterprises are unlocking the future of data agents for structured and unstructured data with Snowflake's new Cortex Agents. Dig into how industry-leaders like Bayer and Siemens Energy use generative AI to increase revenue, improve productivity, and better serve end users in this Secrets of Gen AI Success ebook. Stay on top of the latest news and announcements from Snowflake on LinkedIn and X. About Snowflake Snowflake makes enterprise AI easy, efficient and trusted. More than 11,000 companies around the globe, including hundreds of the world's largest, use Snowflake's AI Data Cloud to share data, build applications, and power their business with AI. The era of enterprise AI is here. Learn more at snowflake.com (NYSE: SNOW).
[3]
Snowflake Adds OpenAI's Latest Models to Cortex AI
Cortex Agents are now available within Microsoft 365 apps and Copilot. Snowflake, the cloud-based data storage company, has announced that it will integrate OpenAI's latest models into its Cortex AI platform on Microsoft Azure. Further, the company's Cortex Agents are also now available in Microsoft 365 apps and on Copliot. "This makes us the only data platform to seamlessly host both Anthropic and OpenAI, world-leading models enabling our customers to build data agents while ensuring that their data remains secure in Snowflake," said Sridhar Ramaswamy, CEO of Snowflake. As a part of Snowflake's services, Cortex is a suite of AI tools that helps users analyse unstructured data and build AI applications. Cortex offers AI models from Anthropic, Meta, Mistral, OpenAI, DeepSeek and more. Recently, the company launched Cortex Agents, which plans tasks, executes them using tools, and refines responses for improved accuracy. The service is available via a REST API and integrates into applications using Cortex Analyst for structured data (SQL generation) and Cortex Search for unstructured data retrieval. Snowflake announced its Q4 2024 earnings on February 26 and reported product revenue of $943 million, an increase of 28% year over year. The company recorded a revenue of $3.5 billion in FY25 revenue, an increase of 30% year over year. "FY26 is going to be an exciting year. Snowflake is the most consequential data and AI company right now," said Ramaswamy in a post on X. "Our North Star is to deliver the world's best end-to-end data platform powered by AI, and we are making progress every day to deliver on that vision," added Ramaswamy in the earnings call. The company said it introduced over 400 product capabilities to the market, doubling the number from last year. Ramaswamy also said that Snowflake has over 4,000 customers using its technology. The company anticipates a 24% increase in its annual revenue in 2026, reaching $4.28 billion. One of Snowflake's biggest competitors is Databricks, which raised $10 billion in funding last December in one of the largest venture rounds. Snowflake also competes with cloud providers like AWS, Microsoft, and Google and specialised companies like Redis, MongoDB, and Snowflake -- all part of a crowded $120 billion database market.
[4]
Snowflake Expands Microsoft, OpenAI Partnership: Will Include Other Prominent Models Like Anthropic's Claude, Meta's Llama, And DeepSeek - Microsoft (NASDAQ:MSFT), AstraZeneca (NASDAQ:AZN)
Snowflake Inc. SNOW unveiled its deeper partnership with Microsoft Corp. MSFT during its earnings call after reporting better-than-expected fourth-quarter results. The data cloud company introduced its new artificial intelligence agent Cortex for enhanced productivity and data access. What Happened: The company announced that it has expanded its partnership with Microsoft, which brings OpenAI's models into Cortex. Cortex Agents are a new class of AI agents from Snowflake that can perform a variety of business tasks using structured and unstructured data. Cortex is also powered by other large language models. "We are supporting a range of market-leading models, including Anthropic's Claude, Meta Llama, and DeepSeek," said CEO Sridhar Ramaswamy. The CEO also added, "We are making Cortex Agents available in Microsoft 365 CoPilot and Microsoft Teams, bringing millions of users, seamless access to information, and accelerated productivity, all within the Microsoft platform." During the earnings call, Ramaswamy highlighted how AstraZeneca PLC AZN is using Snowflake's AI and machine learning technology to, accelerate drug discovery and development, aiming for 20 new medicines by 2030. He also explained that State Street Corp. STT leverages Snowflake AI to uncover market insights for better investment decisions. See Also: Jensen Huang's Nvidia Fuels 'AI Factory' Boom: Revenue Growth In Data Center Business Dominates Peers With A Staggering 3460% Growth Over 5 Years Why It Matters: Snowflake beat analyst expectations in its latest quarterly results. Earnings per share came in at 30 cents, significantly exceeding the 17 cents per share predicted by analysts. Revenue also soared to $986.77 million, surpassing the anticipated $955.93 million and marking a substantial jump from $774.7 million in the same period last year. Despite the strong performance, Snowflake's future projections fell short of analyst expectations. The company anticipates first-quarter revenue between $955 million and $960 million, lower than the $1 billion estimate. For fiscal 2026, Snowflake projects revenue of $4.28 billion, missing the $4.41 billion estimate. Price Action: SNOW rose 1.21% on Wednesday and jumped 9.06% in after-hours, this outpaced the 0.05% rise in the SPDR S&P 500 ETF Trust SPY, which tracks the S&P 500 index. The stock remains 5.51% higher on a year-to-date basis and down 28.99% over a year. Benzinga tracks 38 analysts with an average price target of $193.42 for the stock, reflecting a "buy" rating. Estimates range widely from $121 to $235. Recent ratings from Rosenblatt, Citigroup, and Canaccord Genuity average $218.33, suggesting a potential 20.46% upside. Read Next: Billionaire Ray Dalio Says AI Risks 'Totalitarian Control Or Anarchy' As It Could Reshape World In Next 5 Years: Here Are AI-Linked ETFs For Investors To Consider Photo courtesy: Shutterstock AZNAstraZeneca PLC$75.600.11%OverviewMSFTMicrosoft Corp$399.15-0.15%SNOWSnowflake Inc$181.259.06%SPYSPDR S&P 500$594.54-%STTState Street Corp$97.33-%Market News and Data brought to you by Benzinga APIs
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Snowflake announces an expanded partnership with Microsoft to integrate OpenAI's models into its Cortex AI platform, enhancing AI capabilities for enterprise customers while maintaining data security and governance.
Snowflake, the AI Data Cloud company, has announced a significant expansion of its partnership with Microsoft, bringing OpenAI's state-of-the-art models directly to customers through Snowflake Cortex AI 12. This integration aims to empower enterprises to build AI-powered applications and data agents more easily and efficiently within a secure environment.
The integration of Microsoft Azure OpenAI Service into Snowflake Cortex AI will make OpenAI's models available on Microsoft Azure regions within Snowflake's platform 1. This move allows global enterprises to create data agents powered by OpenAI's models within the secure boundary of Snowflake's AI Data Cloud, potentially saving businesses time and money.
Snowflake's cross-region and cross-cloud AI inference capabilities enable customers to access OpenAI's models from any cloud or region without complex integrations 2. The company emphasizes strong security guarantees through deep integrations with Microsoft Azure, providing protected connections for customers regardless of their cloud provider.
According to a recent MIT Technology Review Insights report, 59% of respondents cited data governance, security, or privacy as challenges to deploying generative AI 12. Snowflake's integration addresses these concerns by offering built-in data governance, access controls, and monitoring within its AI Data Cloud.
In addition to OpenAI's models, Snowflake offers various models from leading providers such as Anthropic, DeepSeek, Meta, Mistral, and its own Arctic open-source language and embedding models 3. This diverse range of options allows customers to select the best model for their specific use cases.
Snowflake is also collaborating with Microsoft to make Snowflake Cortex Agents available in Microsoft 365 Copilot and Microsoft Teams, with general availability anticipated in June 2025 12. This integration will enable users to interact with their Snowflake data using natural language directly within Microsoft apps, improving productivity and decision-making across skill levels.
Snowflake recently announced its Q4 2024 earnings, reporting product revenue of $943 million, a 28% year-over-year increase 3. The company recorded annual revenue of $3.5 billion for FY25, representing a 30% year-over-year growth. Snowflake anticipates a 24% increase in annual revenue for 2026, projecting $4.28 billion 4.
Snowflake faces competition from various players in the $120 billion database market, including cloud providers like AWS, Microsoft, and Google, as well as specialized companies such as Redis and MongoDB 3. The company's CEO, Sridhar Ramaswamy, expressed optimism about Snowflake's position, stating, "FY26 is going to be an exciting year. Snowflake is the most consequential data and AI company right now" 3.
As Snowflake continues to innovate and expand its partnerships, the company aims to deliver the world's best end-to-end data platform powered by AI, positioning itself as a key player in the rapidly evolving AI and data management landscape.
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Snowflake announces major updates to its AI and data collaboration capabilities at its annual BUILD conference, including enhancements to Cortex AI, the introduction of Snowflake Intelligence, and improvements in cross-cloud collaboration and security features.
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Snowflake and Anthropic announce a multi-year strategic partnership to integrate Claude 3.5 AI models into Snowflake's Cortex AI platform, enhancing AI capabilities for enterprise customers while maintaining security and governance.
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