NYSE:SNOWIT
Snowflake (SNOW) Is Up 8.2% After $200 Million OpenAI Deal And New AI Agent Tools
In early February 2026, Snowflake announced a multi-year, US$200 million collaboration with OpenAI alongside new AI-focused products such as Semantic View Autopilot and Cortex Code, aiming to embed advanced AI agents directly into its data cloud for enterprise customers.
These moves deepen Snowflake’s role as an AI application hub by combining OpenAI’s models with Snowflake Intelligence and Cortex AI, while early customer deployments at firms like United Rentals, Wolfspeed, and Team USA...