Snowflake

Snowflake is a cloud-based data warehousing company that provides a highly scalable and secure platform for managing and analyzing data. Founded in 2012, the company has quickly become a leader in the data analytics market, serving a range of industries from finance to healthcare. Key executives include CEO Frank Slootman and President of Products Benoit Dageville. The company's main competitors include Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

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Deep Research

Software Under Siege: Enterprise AI Report Card

By The Information Staff · Apr 1, 2026 12:59pm PDT
Artificial intelligence has loomed large over the software sector, with fears of AI disruption battering the stocks of legacy enterprise software giants. Beyond the investor panic and Silicon Valley hype, what is actually happening inside big companies that spend money on software? An analysis by The Information’s Deep Research suggests an early... Artificial intelligence has loomed large over the software sector, with fears of AI disruption...
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Exclusive

AWS Accelerates Internal AI Agents Following Staff Cuts

By Kevin McLaughlin · Mar 24, 2026 6:00am PDT
Amazon Web Services is developing AI to automate functions in its sales, business development and other groups where it recently laid off hundreds of employees or even more. For instance, AWS has been developing an AI agent that helps its sales employees provide customers with fast answers to technical questions, according to two people who have... Amazon Web Services is developing AI to automate functions in its sales, business development and...
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The Briefing

Stock Comp and Software’s Illusory Profits

By Martin Peers · Mar 22, 2026 3:00pm PDT · 1 comment
Memo to software executives: Now is the time to radically reduce the amount of stock you give employees. That would win you some favor with investors, who’ve generally gone off your sector thanks to worries about the threat posed by AI. Even if those concerns are overblown, cutting costs in the face of a major disruption is a smart idea.It’s no... Memo to software executives: Now is the time to radically reduce the amount of stock you give...
Snowflake CEO Sridhar Ramaswamy. Justin Sullivan/Getty Images.
Dealmaker

The Numbers Behind Snowflake’s $1 Billion App-Monitoring Acquisition

By Kevin McLaughlin and Valida Pau · Jan 8, 2026 4:52pm PST
On Thursday Snowflake said it was buying app monitoring startup Observe, confirming our earlier scoop. The sale, which we had previously reported would be roughly $1 billion, provides a decent exit for early investors in the nine-year-old startup, such as Sutter Hill Ventures and Madrona Ventures, both of which also previously backed Snowflake... On Thursday Snowflake said it was buying app monitoring startup Observe, confirming our earlier...