Snowflake Commits $6 Billion to AWS For Global AI Expansion

Artificial intelligence (AI) data cloud company Snowflake has made a $6 billion multiyear infrastructure commitment to AWS as part of a new strategic collaboration agreement between the two companies.

With this agreement, the companies aim to accelerate enterprise agentic AI adoption by helping their joint customers around the world build and deploy AI, Snowflake said in a Wednesday (May 27) press release.

The agreement expands an existing collaboration between Snowflake and AWS. Snowflake was founded on AWS 11 years ago, most of its customers run on AWS today, and AWS recognizes Snowflake as a leading partner in driving customer adoption, according to the release.

With the expanded agreement, the companies will develop deeper product integrations across generative AI and agentic AI, expanded go-to-market through AWS Marketplace, and joint investments in customer success programs, workload migrations and strategic industry solutions to help enterprises implement AI, per the release.

“With AWS, we are making it easier for enterprises to bring AI directly to governed data, so they can move faster, operate with greater clarity, and create measurable impact at scale,” Snowflake CEO Sridhar Ramaswamy said in the release.

AWS CEO Matt Garman said in the release that enterprises are putting agentic AI to work after initially experimenting with AI.

“Snowflake has built on AWS since day one, and their deepened commitment to run on Graviton delivers the world-class performance, flexibility and cost savings customers need to run data warehousing and AI workloads at scale,” Garman said.

Snowflake announced in another Wednesday press release that it signed a definitive agreement to acquire Natoma, an enterprise Model Context Protocol (MCP) platform for AI agents, to make it easier to securely connect and manage how AI systems interact with enterprise applications, databases, APIs and tools. The company said the closing of the acquisition is subject to customary closing conditions.

The company also announced its first quarter financial results Wednesday, saying that its revenue grew 33% year over year to reach $1.39 billion and that “AI continues to be a powerful tailwind for Snowflake.”

Snowflake said in February that the company and OpenAI entered into a multiyear strategic partnership aimed at embedding AI capabilities into Snowflake’s data platforms.

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