Snowflake | Latest News & Updates - Nov 21, 2024 Release

Snowflake announced a multi-year partnership with Anthropic to enhance AI development by using Anthropic's Claude line of large language models...


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Snowflake

🌎 snowflake.com

Snowflake delivers the AI Data Cloud — a global network where thousands of organizations mobilize data with near-unlimited scale, concurrency, and performance. It provides a single and seamless experience across multiple public clouds, enabling data warehousing, data lakes, data engineering, data science, data application development, and data sharing.


Snowflake - Latest News and Updates

  • Snowflake announced a multi-year partnership with Anthropic to enhance AI development by using Anthropic's Claude line of large language models.
  • CARTO has launched a full stack Native Application that integrates directly with Snowflake accounts, enhancing spatial analytics capabilities and offering streamlined deployment, enhanced performance, and heightened security.
  • Snowflake launched a new QGIS Connector that allows users to connect, visualize, and analyze spatial data directly in QGIS, enhancing geospatial analysis.
  • Snowflake announced a multi-year partnership with Anthropic to integrate Claude models into Snowflake Cortex AI and reported strong Q3 earnings with revenue of $942.09 million.
  • On November 20, Snowflake's stock surged 16.74% after the company reported better-than-expected Q3 2025 earnings and revenue, announced the acquisition of Datavolo, and formed a strategic partnership with AI company Anthropic.
  • Snowflake added 18 Forbes Global 2000 customers, increasing from 736 to 754, and raised its remaining performance obligations by $501 million, from $5,231 million to $5,732 million, in Q3 2025.
  • Snowflake announced the general availability of Leaked Password Protection to monitor and block passwords found on the dark web.
  • On November 21, 2024, Snowflake integrated Anthropic's AI assistant Claude into its AI Data Cloud and announced the acquisition of Datavolo to enhance data pipeline management.
  • At the Microsoft Ignite conference, Snowflake unveiled a new bidirectional data access connector with Microsoft and launched Snowflake Intelligence.
  • Snowflake's stock has been pressured by competition from Databricks and a slowdown in cloud computing growth, while investors focus on AI product initiatives under a new CEO.

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