Latest news with #SnowflakeSummit2025
Yahoo
3 days ago
- Business
- Yahoo
Snowflake (SNOW) Unveils Next Wave of Compute Innovations at Snowflake Summit 2025 Cantor Initiates
We recently published a list of . In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against other trending AI stocks on Wall Street right now. On June 3rd, Snowflake Inc. (NYSE:SNOW) unveiled its next wave of compute innovations at its annual user conference, Snowflake Summit 2025. These innovations are designed to deliver faster performance, improved usability, and stronger price-performance value in the AI era. The announcements include the general availability of its Standard Warehouse – Generation 2 (Gen2), an enhanced version of Snowflake's virtual Standard Warehouse that promises to deliver 2.1x faster analytics performance and 1.9×2 faster analytics performance than Managed Spark. A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform. It has also introduced Snowflake Adaptive Compute, which is now in private preview. The Adaptive Compute is a new compute service from Snowflake that improves resource management through automatic resource sizing and sharing. 'We're reimagining what customers can expect from a modern data platform, delivering faster performance, easier scalability, and greater value for every dollar spent. Snowflake's Gen2 more than doubles the speed of core analytics workloads, helping teams make quicker, data-driven decisions. Coupled with Adaptive Warehouses, we're enabling customers with an easier, more efficient approach to platform management where resource decisions are automated and right-sized. This isn't just about infrastructure improvements, it's about preparing your business to innovate quickly in the fast-moving AI era.' Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Web Release
3 days ago
- Business
- Web Release
Snowflake Unveils Comprehensive Product Innovations to Empower Enterprises to Achieve Their Full Potential Through Data and AI
Snowflake Unveils Comprehensive Product Innovations to Empower Enterprises to Achieve Their Full Potential Through Data and AI Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced several product innovations at its annual user conference, Snowflake Summit 2025 , designed to revolutionize how enterprises manage, analyze, and activate their data in the AI era. These announcements span data engineering, compute performance, analytics, and agentic AI capabilities, all aimed at helping organizations break down data silos and bridge the gap between enterprise data and business action — without sacrificing control, simplicity, or governance. 'With our latest announcements, we're showcasing how Snowflake is fundamentally redefining what organizations can expect from a modern data platform,' said James Petter, Vice President, Snowflake EMEA. 'These innovations are focused on helping businesses make AI and machine learning workflows more easy, connected, and trusted for users of all abilities by democratizing access to data and eliminating the technical overhead that slows down business decision-making.' Snowflake Openflow Unlocks Full Data Interoperability, Accelerating Data Movement for AI Innovation Snowflake unveiled Snowflake Openflow , a multi-modal data ingestion service that allows users to connect to virtually any data source and drive value from any data architecture. Now generally available on AWS, Openflow eliminates fragmented data stacks and manual labor by unifying various types of data and formats, enabling customers to rapidly deploy AI-powered innovations. Snowflake Openflow embraces open standards, so organizations can bring data integrations into a single, unified platform without vendor lock-in and with full support for architecture interoperability. Powered by Apache NiFi ™, an Apache Software Foundation project built to automate the flow of data between systems, Snowflake Openflow enables data engineers to build custom connectors in minutes and run them seamlessly on Snowflake's managed platform. With Snowflake Openflow, users can harness their data across the entire end-to-end data lifecycle, while adapting to evolving data standards and business demands. Hundreds of ready-to-use connectors and processors simplify and rapidly accelerate data integration from a broad range of data sources including Box, Google Ads, Proofpoint, ServiceNow, Workday, Zendesk, and more , to a wide array of destinations including cloud object stores and messaging platforms, not just Snowflake. Snowflake Unveils Next Wave of Compute Innovations For Faster, More Efficient Warehouses and AI-Driven Data Governance Snowflake announced the next evolution of compute innovations that deliver faster performance, enhanced usability, and stronger price-performance value — raising the bar for modern data infrastructure. This includes Standard Warehouse – Generation 2 (Gen2) (now generally available), an enhanced version of Snowflake's virtual Standard Warehouse with next-generation hardware and additional enhancements to deliver 2.1x faster analytics performance. Snowflake also introduced Snowflake Adaptive Compute (now in private preview), a new compute service that lowers the burden of resource management by maximizing efficiency through automatic resource sizing and sharing. Warehouses created using Adaptive Compute, known as Adaptive Warehouses, accelerate performance for users without driving up costs, ultimately redefining data management in the evolving AI landscape. Snowflake Intelligence and Data Science Agent Deliver The Next Frontier of Data Agents for Enterprise AI and ML Snowflake announced Snowflake Intelligence (public preview soon), which enables technical and non-technical users alike to ask natural language questions and instantly uncover actionable insights from both structured tables and unstructured documents. Snowflake Intelligence is powered by state-of-the-art large language models from Anthropic and OpenAI, running inside the secure Snowflake perimeter, and is powered by Cortex Agents (public preview) under the hood — all delivered through an intuitive, no-code interface that helps provide transparency and explainability. Snowflake also unveiled Data Science Agent (private preview soon), an agentic companion that boosts data scientists' productivity by automating routine ML model development tasks. Data Science Agent uses Anthropic's Claude to break down problems associated with ML workflows into distinct steps, such as data analysis, data preparation, feature engineering, and training. Today, over 5,200 customers from companies like BlackRock, Luminate, and Penske Logistics are using Snowflake Cortex AI to transform their businesses. Snowflake Introduces Cortex AISQL and SnowConvert AI: Analytics Rebuilt for the AI Era Snowflake announced major innovations that expand on Snowflake Cortex AI , Snowflake's suite of enterprise-grade AI capabilities, empowering global organizations to modernize their data analytics for today's AI landscape. This includes SnowConvert AI , an agentic automation solution that accelerates migrations from legacy platforms to Snowflake. With SnowConvert AI, data professionals can modernize their data infrastructure faster, more cost-effectively, and with less manual effort. Once data lands in Snowflake, Cortex AISQL (now in public preview) then brings generative AI directly into customers' query engines, enabling teams to extract insights across multi-modal data and build flexible AI pipelines using SQL — all while providing best?in?class performance and cost efficiency. Snowflake Marketplace Adds Agentic Products and AI-Ready Data from Leading News, Research, and Market Data Providers Snowflake announced new agentic products on Snowflake Marketplace that accelerate agentic AI adoption across the enterprise. This includes Cortex Knowledge Extensions (generally available soon) on Snowflake Marketplace , which enables enterprises to enrich their AI apps and agents with proprietary unstructured data from third-party providers — all while allowing providers to protect their intellectual property and ensure proper attribution. Users can tap into a selection of business articles and content from The Associated Press, which will help users further enhance the usefulness of results in their AI systems. In addition, Snowflake unveiled sharing of Semantic Models (now in private preview), which allows users to easily integrate AI-ready structured data within their Snowflake Cortex AI apps and agents — both from internal teams or third-party providers like CARTO, CB Insights, Cotality™ powered by Bobsled, Deutsche Börse, IPinfo, and truestar.
TECHx
4 days ago
- Business
- TECHx
Snowflake Unveils AI Data Cloud Innovations at Summit 2025
Home » Tech Value Chain » Global Brands » Snowflake Unveils AI Data Cloud Innovations at Summit 2025 Snowflake (NYSE: SNOW), the AI Data Cloud company, announced major product innovations at its annual user conference, Snowflake Summit 2025. These updates are set to transform how enterprises manage, analyze, and activate data in the AI era. The company revealed enhancements across data engineering, compute performance, analytics, and agentic AI. These innovations aim to eliminate data silos and connect enterprise data to business action. At the same time, they maintain control, simplicity, and governance. James Petter, Vice President, Snowflake EMEA, stated that the new updates redefine what organizations can expect from a modern data platform. He emphasized that the company's goal is to make AI and machine learning workflows more accessible, trusted, and efficient. Snowflake introduced Snowflake Openflow, a multi-modal data ingestion service now generally available on AWS. It enables users to connect to nearly any data source and drive value from any architecture. Openflow removes data fragmentation by unifying formats and systems. The service is powered by Apache NiFi™, automating data flow between systems. It allows data engineers to create custom connectors in minutes, running them on Snowflake's managed platform. It supports a wide range of sources like Box, Google Ads, Proofpoint, ServiceNow, Workday, and Zendesk, among others. Key capabilities include: Hundreds of ready-to-use connectors Integration with cloud object stores and messaging platforms Snowflake also revealed new compute innovations. These include Standard Warehouse Generation 2 (Gen2), now generally available, which offers 2.1x faster performance. Another addition, Adaptive Compute, is now in private preview. This feature automatically sizes and shares resources for better performance and lower costs. The company reported the upcoming release of Snowflake Intelligence and Cortex Agents, both in public preview soon. These tools enable users to ask natural language questions and get insights from structured and unstructured data. Powered by models from Anthropic and OpenAI, they run securely within Snowflake. Another announcement was the Data Science Agent, now in private preview. It helps data scientists by automating tasks like data preparation, feature engineering, and model training using Anthropic's Claude. According to Snowflake, more than 5,200 customers, including BlackRock, Luminate, and Penske Logistics, are already using Cortex AI to transform their operations. The company also introduced SnowConvert AI and Cortex AISQL. These tools support fast and cost-effective migration from legacy systems and enable generative AI-powered SQL analytics. Both are designed for high performance and efficiency. Additionally, Snowflake revealed updates to its Marketplace. New agentic products like Cortex Knowledge Extensions will soon be available. These allow enterprises to enrich AI agents with third-party data while ensuring data protection and attribution. Users can access content from The Associated Press and other providers. Through these developments, Snowflake aims to empower global organizations to modernize their data strategies with enterprise-ready AI.
Yahoo
4 days ago
- Business
- Yahoo
Quantiphi Partners with Snowflake on Snowflake Openflow Launch to Power AI Data Integration
SAN FRANCISCO, June 4, 2025 /PRNewswire/ -- Quantiphi, an AI first digital engineering company, announced at Snowflake's annual user conference, Snowflake Summit 2025, that it has partnered with Snowflake, the AI Data Cloud company, to support the launch of Snowflake Openflow — a multi-modal data ingestion service that allows users to easily connect to a variety of data sources and drive value from any data architecture, revolutionizing data movement and accelerating enterprise-grade data integrations built for the AI era. Snowflake Openflow is an open, extensible, managed, multi-modal integration service that simplifies data movement between data sources and destinations for various data types, including structured, unstructured, batch and streaming. With Snowflake Openflow, enterprises can move data effortlessly and scale operations for all integration needs with confidence, all within Snowflake's easy, connected and trusted platform. "Snowflake Openflow is a game-changer for data integration, making previously trapped data accessible and usable," Quantiphi Snowflake Alliance Head Pronoy Roy said. "Together with Quantiphi's AI expertise, we are enabling our shared customers to rapidly unlock insights and foster a truly data-driven culture, turning data into a valuable business asset. Customers will be able to significantly reduce friction in integrating data sources, innovate faster and derive tangible value from the entirety of an organization's data landscape." As a longstanding Elite Partner in the Snowflake ecosystem, Quantiphi has consistently led innovation at the intersection of AI, machine learning and modern data platforms. With a proven track record of excellence and multiple accolades, Quantiphi pushes boundaries by embracing emerging technologies and delivering transformative business outcomes for the companies' shared customers. By leveraging the enhanced capabilities of Openflow and Quantiphi's built-in generative AI accelerators, Quantiphi will empower customers to build unified and intelligent data estates, streamline end-to-end ML pipelines, and productionize next-gen AI use cases at industry-leading speed. "Snowflake Openflow is changing how businesses handle their data by making it easier to connect, process, and analyze information across their organization," Snowflake Director of Product Management Saptarshi Mukherjee said. "It helps companies work with their data faster and more efficiently, while keeping it secure - allowing them to focus on using AI to get the most value from their information." As a pioneer in bringing the power of AI agents to large-scale Extract Transform Load (ETL) modernization and migration initiatives, Quantiphi brings a unique advantage of 200-plus ready-to-use utilities, human-guided agents and advanced code auto-complete features to help customers innovate with speed and precision. Coupled with Openflow's integration power, Quantiphi simplifies legacy workflows, consolidates siloed systems and rapidly operationalizes AI at scale, maximizing ROI and unlocking faster time-to-insight across the Software Development Life Cycle (SDLC). To learn more about Quantiphi, visit To learn more about Snowflake Openflow, visit the Snowflake blog here. Stay up to date on the latest news and keynotes from Snowflake Summit 2025 live or on-demand here. About Quantiphi:Quantiphi is an award-winning AI-first digital engineering company driven by the desire to reimagine and realize transformational opportunities at the heart of business. Since its inception in 2013, Quantiphi has solved the toughest and most complex business problems by combining deep industry experience, disciplined cloud and data engineering practices, and cutting-edge artificial intelligence research to achieve accelerated and quantifiable business results. Learn more at and follow us on LinkedIn, X, formerly Twitter, and Instagram and YouTube. Media Contact:H. Newsroom View original content to download multimedia: SOURCE Quantiphi Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Kasmo Partners with Snowflake to Support the Launch of Snowflake Openflow: Powering Data Integration for the AI Era
Kasmo's integration enables innovation, ensures compliance, and enhances customer responsiveness SAN FRANCISCO, June 4, 2025 /PRNewswire/ -- Kasmo today announced at Snowflake's annual user conference, Snowflake Summit 2025, that it has partnered with Snowflake, the AI Data Cloud company, to support the launch of Snowflake Openflow — a multi-modal data ingestion service that allows users to easily connect to virtually any data source and drive value from any data architecture. With Snowflake Openflow, Kasmo and Snowflake are collaborating to revolutionize data movement with pre-built connector templates, tailored solutions and full lifecycle enablement of the platform. "Built on Snowflake's native platform, Openflow delivers AI-driven insights at unmatched speed, providing businesses with complete control and governance at scale. As a Snowflake partner with deep implementation expertise, we are excited about Openflow's ability to empower our enterprise customers to evolve from siloed systems to seamlessly integrated intelligence." — Chakrapani Kodavati, VP, Snowflake Practice, Kasmo. Snowflake Openflow is an open, extensible, managed multi-modal integration service that simplifies data movement between data sources and destinations for various data types, including structured, unstructured, batch, and streaming. With Snowflake Openflow, organizations can move data effortlessly and scale operations for all integration needs with confidence — all with Snowflake's easy, connected, and trusted platform. Kasmo is excited to be part of the Openflow launch, bringing its implementation expertise to amplify its impact. With pre-built connectors and accelerators, Kasmo is enabling seamless data onboarding into Snowflake Openflow — without requiring users to rewrite or restructure their existing pipelines. Kasmo's vision is to enable customers with faster deployment, reduced complexity, and a future-ready data architecture that supports personalization, predictive intelligence, and monetization at scale. "Snowflake Openflow is redefining what's possible in the data integration landscape. By fusing intelligent automation with enterprise-grade architecture, we're enabling organizations to break free from traditional data constraints," said Chris Child, VP of Product, Data Engineering, Snowflake. "This isn't incremental progress — it's a fundamental shift in how enterprises can activate their data. Teams can now orchestrate complex data workflows with the speed of thought, while maintaining ironclad security and compliance." To learn more about Snowflake Openflow, visit the Snowflake blog here. Stay up to date on the latest news and keynotes from Snowflake Summit 2025 live or on-demand here. Media Contact Puru Boreddy sales@ View original content: SOURCE Kasmo Digital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
