Snowflake enters $200m partnership with OpenAI
AI data platform provider Snowflake has entered a $200 million partnership with OpenAI aimed at delivering advanced AI model capabilities to enterprise customers. Under the agreement, the two companies will work together to develop and deploy customised AI solutions for capabilities including the development of custom, interoperable AI agents.
By bringing OpenAI models to the Snowflake Cortex AI platform, enterprises will be able to gain insights from their data to deliver more engaging AI agents. Snowflake’s 12,600 global customers will be able to access these models across all three major clouds.
Snowflake and OpenAI will collaborate to develop features that leverage OpenAI Apps SDK, AgentKit, and APIs that support shared enterprise workflows.
Snowflake says the Snowflake Intelligence enterprise intelligence agent will be upgraded to enable businesses to query, interpret and draw meaning from both structured and unstructured data without the need to develop any code. The Snowflake Cortex AI Functions will meanwhile enable users to tap into the latest OpenAI models to analyse any kind of data using SQL.
Snowflake CEO Sridhar Ramaswamy welcomed the agreement.
“By bringing OpenAI models to enterprise data, Snowflake enables organisations to build and deploy AI on top of their most valuable asset using the secure, governed platform they already trust,” he said. “Customers can now harness all their enterprise knowledge in Snowflake together with the world-class intelligence of OpenAI models, enabling them to build AI agents that are powerful, responsible and trustworthy. Together, we’re setting a new standard for AI innovation, helping businesses transform with confidence, while maintaining strong security and compliance standards.”
OpenAI CEO of Applications Fidji Simo added that the partnership will make it easier to deploy AI agents and apps, “so businesses can close the gap between what AI is capable of and the value they can create today”.
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