Snowflake Expands Partnership with Microsoft to Bring Large-Scale Generative AI Models and Improved Machine Learning Capabilities to the Data Cloud

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No Headquarters/Bozeman, Montana — Data Cloud company Snowflake (NYSE: SNOW) today announced an expanded partnership with Microsoft to enable new product integrations across AI, low-code/no-code application development, data governance, and more. I made it The companies will also strengthen their joint go-to-market strategy, introduce new programs to improve collaboration in the field, and deliver joint solutions directly to customers. As part of the partnership, Snowflake will increase its Azure spending commitments and the two companies will jointly support go-to-market efforts.

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“Snowflake and Microsoft’s partnership is evolving and focused on improving collaboration in the field to help our customers enter the next wave of generative AI,” said Chris Degnan, Chief Revenue Officer at Snowflake. said. “Integration with Microsoft’s generative AI and LLM services will enable our joint customers to leverage the latest AI models and frameworks, increasing developer productivity.”

“Microsoft is the most trusted platform for enabling partners and customers to innovate seamlessly and securely, especially in next-generation AI,” said Judson Althoff, executive vice president and chief commercial officer at Microsoft. “Through our expanded partnership, we will be able to combine Snowflake’s data cloud expertise with Microsoft’s cloud technology and AI capabilities to build intelligent solutions for customers across industries to better manage, understand and manage their data. I will continue to support you.”

Snowflake has partnered with Microsoft to empower data scientists and developers with industry-leading AI solutions, build new integrations between the data cloud and Azure ML, and leverage integrations with Azure OpenAI and Microsoft Cognitive Services. expand its strategic initiatives. The Azure ML integration will give our joint customer access to the latest frameworks, his integrated CI/CD and more to accelerate the entire machine learning development to operational workflow. Additionally, to leverage the latest AI innovations to build intelligent data products, the companies are working to enable Snowflake customers to easily and securely leverage Azure OpenAI and Microsoft Cognitive Services with Snowflake data. is.

Snowflake continues to create a seamless experience for its customers through new and improved product integrations across complementary Microsoft products. These products include Purview for data governance, Power Apps & Automate for low-code/no-code application development, Azure Data Factory for ELT, Power BI for data visualization, and more.

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“Investment management decisions depend on having timely access to a complex ecosystem of data. Delivering experiences is what State Street Alpha is all about,” said John Pransky, Head of State Street Alpha. “Partnering with Microsoft’s Azure Cloud and Snowflake enables our team to combine data with natural language question and answer type solutions. We can integrate it with our models, make it available in a secure way, remove friction from our customers and deliver information in near real time.”

At Snowflake Summit 2023, Snowflake’s annual user conference, Snowflake and Microsoft will demonstrate their latest product integrations in the following breakout sessions.

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Forward-Looking Statements

This release is about a strategic partnership between Snowflake Inc. (“Snowflake”, “we” or “us”) and Microsoft Corp. (“Microsoft”). This release contains forward-looking statements, both express and implied, within the meaning of Section 27A of the Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act of 1934 (as amended) regarding the expected benefits of a strategic partnership. contained. the anticipated impact of strategic partnerships on our business, products (including products in development), financial results, and other aspects of our and Microsoft operations; These forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors and actual results or results may not be forward-looking statements expressed or implied by the forward-looking statements. It could cause material and adverse discrepancies in results and results. These risks, uncertainties, assumptions and other factors include (i) our ability to execute our strategic partnership and realize the expected benefits from our strategic partnership; including, but not limited to, current and future prospects of (iii) our ability to compete effectively, including as a result of any actions our competitors may take in response to the strategic partnership; and (iv) ) general market and business conditions, recessions or uncertainties; These and additional risks, uncertainties and other risks, uncertainties and other risks that could cause actual performance or results to differ materially from those included in or anticipated by the forward-looking statements contained in this release. More information about factors can be found under headings such as “Risk Factors”. Snowflake’s quarterly reports are on Form 10-Q and annual reports are on Form 10-K. Given these risks, uncertainties, assumptions and other factors, you should not rely on forward-looking statements as predictions of future events. Forward-looking statements are made only as of the date they are made and are subject to the information available to us at the time such statements are made and/or our management at that time regarding future events. It is based on our sincere beliefs.

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© 2023 Snowflake Inc. All rights reserved. Snowflake, the Snowflake logo, and all other Snowflake product, feature, and service names referenced herein are either registered trademarks or trademarks of Snowflake Inc. in the United States and/or other countries. All other brand names or logos mentioned or used herein are for identification purposes only and may be trademarks of their respective owners. Snowflake is not affiliated with, sponsored by, or endorsed by such holders.

About Snowflake

Snowflake enables any organization to harness their data using Snowflake’s data cloud. Customers use the data cloud to unify siled data, discover and securely share data, power data applications, and run diverse AI/ML and analytics workloads. Wherever your data and users reside, Snowflake provides a single data experience across multiple clouds and geographies. Thousands of customers across many industries use the Snowflake Data Cloud to power their businesses, including 590 2022 Forbes Global 2000 (G2K) companies as of April 30, 2023. For more information, please visit snowflake.com.

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Maddie Mcgrath
Partner PR Lead, Snowflake
PartnerPR@snowflake.com

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