Snowflake has entered a multi-year partnership with OpenAI worth $200 million to integrate advanced AI capabilities directly into Snowflake’s AI Data Cloud. The agreement covers joint product development, co-innovation of AI agents and shared go-to-market strategies targeting global enterprises. Under the deal, Snowflake will embed OpenAI’s large language models and fine-tuned AI agents into its platform, enabling customers to run generative AI workloads natively on their proprietary data. The partnership also establishes a joint engineering lab in Bozeman for accelerated feature releases and ensures priority access to OpenAI’s newest model updates. This collaboration aims to drive incremental consumption of Snowflake compute and storage as enterprises scale AI use cases such as autonomous analytics, automated data pipelines and AI-driven customer support bots.

Snowflake will report its fourth quarter and full fiscal year 2026 results on February 25, 2026, after U.S. markets close. The company will host a conference call at 3 p.m. Mountain Time (5 p.m. ET) with dial-in access for domestic and international participants (access code 084430). A simultaneous webcast will be available on Snowflake’s Investor Relations site, with an audio replay posted two hours after completion and archived for 30 days. Investors will be watching key metrics including annualized product revenue growth, net revenue retention rate (which has historically exceeded 150%), and operating leverage trends as Snowflake continues to invest heavily in R&D to support its new AI-driven offerings.