Snowflake has announced at its annual user conference, Snowflake Summit 2025, its intent to acquire Crunchy Data, a provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade and developer-friendly PostgreSQL database to the AI Data Cloud, enabling developers with the fullRead More…
Snowflake hosted its flagship Data for Breakfast event in Riyadh, Saudi Arabia, at the Crowne Plaza Riyadh RDC Hotel & Convention. The event brought together technology leaders, data professionals, and innovators from across the Kingdom to explore how businesses can unlock the full potential of their data through AI, analytics,Read More…
Snowflake has announced that it is bringing its core capabilities — unparalleled performance, secure data sharing, and data protection — to Apache Iceberg tables, one of the fastest-growing open table formats, empowering organizations to activate data faster with zero data movement and open interoperability. As a result, Snowflake customers canRead More…
While AI agents promise to boost business productivity by automating complex tasks, their effectiveness hinges on access to high-quality structured and unstructured data. However, managing access control and maintaining strict privacy protocols while efficiently retrieving accurate information presents a significant challenge for many organisations. To address this problem, Snowflake isRead More…
Q4 enterprise spending on cloud infrastructure services was $91 billion worldwide, up $17 billion or 22% from the fourth quarter of 2023, according to new data from Synergy Research Group. The full-year 2024 market reach $330 billion, up $60 billion from 2023 and an increase of $102 billion from 2022.Read More…
Snowflake has announced the appointment of Ali Al-Ismail as Country Manager for Saudi Arabia, further highlighting the company’s commitment to growing the local business, being closer to local customers to maximise their data investment and business value with Snowflake’s platform,Read More…
Snowflake has announced its growing presence in the Middle East with the establishment of a new regional headquarters (RHQ) in Riyadh, Saudi Arabia, and general availability on Google Cloud in the Kingdom of Saudi Arabia, to better meet the Kingdom’s data residency and sovereignty requirements so that data can resideRead More…
Snowflake has announced its ‘End Data Disparity’ initiative, which brings together global leaders from across industries, and the data capabilities and collective power of Snowflake’s ecosystem — including partners and customers — to help address and reduce disparities in data quality, availability and access. As part of the initiative, SnowflakeRead More…
Snowflake has announced new AI features to its platform, enabling developers to effortlessly build conversational apps for structured and unstructured data with high accuracy, efficiently batch inference of large language models (LLM) for natural language processing (NLP) pipelines, and train custom models with GPU-powered containers — all with built-in governance,Read More…
Snowflake has announced its participation at GITEX Technology Week 2024, the premier technology event held at the Dubai World Trade Centre. This year, Snowflake is set to demonstrate its cutting-edge solutions in Generative AI and data management, underlining its commitment to empowering businesses in the UAE and beyond. At GITEXRead More…
Snowflake has announced financial results for its second quarter of fiscal 2025, ended July 31, 2024. Revenue for the quarter was $868.8 million, representing 29% year-over-year growth. Product revenue for the quarter was $829.3 million, representing 30% year-over-year growth. Net revenue retention rate was 127% as of July 31, 2024.Read More…
Snowflake has announced that it will host the Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI for enterprises to easily harness and build powerful AI applications at scale. This offering includes Meta’s largest and most powerful open source LLM, Llama 3.1 405B, with Snowflake developing andRead More…
