Amazon Strikes $6 Billion Deal With Snowflake for Its Agentic Computing Chips
The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing.
Snowflake shares soared 30% after the closing bell.
Snowflake Soars on $6B Amazon Deal
- Snowflake commits $6B to Amazon Web Services over 5 years in latest AI infrastructure deal GeekWire —
- In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips Techcrunch —
- Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud CNBC —
- Snowflake skyrockets after Q1 report features Natoma acquisition and AWS deal Seeking Alpha —
- Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth MarketWatch —