Snowflake Announces Major AWS Partnership Amid Strong Q1 Performance
Snowflake (NYSE:SNOW) announced a $6 billion, five-year partnership with Amazon Web Services (AWS), reinforcing its AI-driven cloud strategy. The company also reported strong first-quarter revenue growth of 34% year-over-year to $1.4B and raised full-year guidance for FY2027 to $5.8B.
Topics: AI strategy AWS partnership cloud computing revenue growth