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.

Recent Articles about Snowflake

Amazon CEO Andy Jassy. Photo via Getty

Amazon’s Solution to Tough AI Cloud Margins: Non-Nvidia Chips

By Kevin McLaughlin and Laura Mandaro · Oct 14, 2025 10:39am PDT

Welcome back! Salesforce’s annual customer conference Dreamforce is under way, so check back in the coming days for our coverage of the event and what it means for artificial intelligence in enterprises.Now on to today’s column…Last week, our report on the razor-thin gross profit margins Oracle generates from renting out Nvidia chips to AI... Welcome back! Salesforce’s annual customer conference Dreamforce is under way, so check back...

Photo via Adobe

Amazon and Google Take Another Stab at Being Glean

By Kevin McLaughlin · Oct 9, 2025 5:00pm PDT

It’s been nearly a year since we scooped the news that OpenAI, Google, Snowflake and Cohere were all working on artificial intelligence search products similar to the one startup Glean made a big splash with. Glean’s AI-powered search lets workers at companies easily find emails, Slack messages and other data scattered across business... It’s been nearly a year since we scooped the news that OpenAI, Google, Snowflake and Cohere were...

Snyk CEO Peter McKay. Screenshot via YouTube

Cybersecurity Startup Snyk Considers Buyout Interest as IPO Plans Stall

By Valida Pau, Cory Weinberg, Katie Roof and Kevin McLaughlin · Oct 1, 2025 10:36am PDT · 3 comments

Snyk, a startup that sells security tools for developers, seemed like a shoo-in for a lucrative initial public offering a few years ago. Sales were doubling or tripling every year, reaching into the hundreds of millions of dollars annually, as exploding corporate use of open-source software code created vulnerabilities that businesses needed to... Snyk, a startup that sells security tools for developers, seemed like a shoo-in for a lucrative...

OpenAI CEO Sam Altman. Photo via Getty

OpenAI Goes Shopping

By Martin Peers · Sep 29, 2025 5:00pm PDT · 2 comments

OpenAI CEO Sam Altman. Photo via Getty

OpenAI Goes Shopping

By Martin Peers · Sep 29, 2025 5:00pm PDT · 2 comments

You might think the $55 billion buyout of Electronic Arts would be today’s biggest business event. But that’s yesterday’s news—word of the deal broke on Friday. (For more on that, see below). Today’s biggest news, in reality, is OpenAI’s launch of its shopping feature, which puts the ChatGPT creator in competition with everyone from Amazon to... You might think the $55 billion buyout of Electronic Arts would be today’s biggest business...

Dbt Labs founder and CEO Tristan Handy, left, and Fivetran founder and CEO George Fraser. Photos via YouTube; Getty

Data Startup Fivetran In Talks to Buy Dbt Labs in Multibillion Dollar Deal

By Valida Pau, Katie Roof and Kevin McLaughlin · Sep 27, 2025 4:30pm PDT

Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence, is in talks to buy data management company dbt Labs, according to people with direct knowledge of the deal. The deal would combine two data companies that are facing competition from artificial intelligence. Fivetran and dbt Labs have... Fivetran, a startup used by companies to manage and prepare data for analytics and artificial...

Josh Klahr, a product management leader at Snowflake. Art by Clark Miller; YouTube.

Snowflake Tries to End the AI Data-Access Wars

By Amir Efrati and Kevin McLaughlin · Sep 25, 2025 10:44am PDT

Snowflake is reversing an incendiary trend of software incumbents such as Salesforce and Atlassian walling off data in their applications from artificial intelligence startups that threaten them.On Tuesday, Snowflake said a consortium of more than a dozen other enterprise app and database providers—including, ironically, Salesforce—have... Snowflake is reversing an incendiary trend of software incumbents such as Salesforce and...

Photo via Getty

The AI Haves and Have Nots at Goldman's Big Tech Event

By Valida Pau · Sep 11, 2025 2:31pm PDT

At the historic Palace Hotel in San Francisco, Goldman Sachs is wrapping up three and half days of its annual Goldman Sachs Communacopia + Technology Conference.Attendees were mostly in a buoyant mood, but not because this week is on track to be the biggest of the year for initial public offerings. Instead, the biggest pop during the conference... At the historic Palace Hotel in San Francisco, Goldman Sachs is wrapping up three and half days...

Atlassian CEO Mike Cannon-Brookes (l) and The Information reporter Akash Pasricha (r).

Atlassian CEO Claims Edge on Glean; Trouble Exporting From Teams

By Kevin McLaughlin · Sep 11, 2025 10:41am PDT

Atlassian CEO Mike Cannon-Brookes (l) and The Information reporter Akash Pasricha (r).

Atlassian CEO Claims Edge on Glean; Trouble Exporting From Teams

By Kevin McLaughlin · Sep 11, 2025 10:41am PDT

Enterprise search startup Glean has attracted customers and venture capital thanks to an AI search tool that lets employees quickly find corporate files and data in all of the apps their companies use. But Mike Cannon-Brookes, the CEO and co-founder of productivity app Atlassian, thinks his company is ahead of Glean in enterprise search—despite... Enterprise search startup Glean has attracted customers and venture capital thanks to an AI...

Software’s Existential AI Crisis Is Bonanza for Bankers

By Valida Pau · Sep 2, 2025 12:29pm PDT · 1 comment

U.S. tech merger activity is headed for its best year since 2021—driven in part by enterprise software and other older tech companies acquiring artificial intelligence startups to beef up their AI offerings. So far this year, U.S. software companies have spent nearly $33.8 billion on 150 completed AI acquisitions, surpassing the combined... U.S. tech merger activity is headed for its best year since 2021—driven in part by...

Edo Liberty, founder and CEO of Pinecone. Screenshot via TedAI San Francisco.

Top-Funded AI Database Startup Pinecone Considers a Sale

By Valida Pau, Stephanie Palazzolo and Kevin McLaughlin · Aug 28, 2025 6:05pm PDT · 1 comment

When the artificial intelligence boom began a few years ago, investors flocked to startups that helped businesses transform and store proprietary data in a format AI could understand, known as a vector database. The technology allowed businesses to use a customized AI chatbot to search or analyze their customer and sales information. Since then,... When the artificial intelligence boom began a few years ago, investors flocked to startups that...

Nvidia CEO Jensen Huang, left, and Vast Data CEO Renen Hallak. Photos via Getty

How Nvidia Anointed a Data Storage Startup as an AI Darling

By Kevin McLaughlin, Valida Pau and Anissa Gardizy · Aug 27, 2025 6:00am PDT · 1 comment

Nvidia reshaped the cloud computing market by giving upstart cloud providers a lot of artificial intelligence chips. Now it is extending its influence into another cloud field: data storage. Nvidia has invested multiple times in Vast Data, which sells software to firms such as Elon Musk’s xAI and videoconference maker Zoom for storing data in a... Nvidia reshaped the cloud computing market by giving upstart cloud providers a lot of artificial...

Figma CEO Dylan Field during the company's initial public offering last month. Photo via Getty

The Funny Math Behind a Key Software Metric

By Anita Ramaswamy · Aug 22, 2025 7:31am PDT · 8 comments

Figma CEO Dylan Field during the company's initial public offering last month. Photo via Getty

The Funny Math Behind a Key Software Metric

By Anita Ramaswamy · Aug 22, 2025 7:31am PDT · 8 comments

The rise of artificial intelligence has turned the software industry into a minefield for investors. To address the risks, some are relying more on a metric known as net revenue retention to pick winners and avoid losers. In its simplest form, NRR, also known as net dollar retention, compares annual revenue from a year ago to now. The number can... The rise of artificial intelligence has turned the software industry into a minefield for...

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What Rent the Runway’s Lender Takeover Means

By Martin Peers · Aug 21, 2025 5:10pm PDT

Some companies should never go public—or maybe even exist. Rent the Runway might be in that group. The clothing-rental subscription service—one of a bunch of mid-sized online shopping companies to go public in recent years—says its mission “is to power women to feel their best every day.” How about trying to make money? After years of steady... Some companies should never go public—or maybe even exist. Rent the Runway might be in that...

Secret Snowflake AI Revenue Figure Shows Brand-Name LLMs Reign Supreme

By Kevin McLaughlin · Aug 14, 2025 1:02pm PDT

For all the talk about the rise of low-cost or open-source AI models, enterprises are still gravitating to brand-name models from OpenAI, Google and Anthropic. That’s prompting database providers like Snowflake, Databricks and Oracle to strike deals allowing database customers to use the brand-name AI to build chatbots and search tools that... For all the talk about the rise of low-cost or open-source AI models, enterprises are still...