Snowflake: Latest News and Analysis

CRN
10 Major Ransomware Attacks And Data Breaches In 2024
Major ransomware attacks and data breaches in 2024 included the Change Healthcare attack, data theft attacks targeting Snowflake customers and the China-linked Salt Typhoon campaign against U.S.
TechCrunch
Databricks is on track to raise a record $9.5+ billion round at $60B valuation
Databricks is close to finalizing a $9.5 billion round at a $60 billion valuation, including a secondary sale for employees that could climb even higher ...
Bloomberg
Snowflake Shares Soar by Most in Four Years After Strong Outlook
Snowflake Inc. gained 20% in premarket trading after the company gave a better-than-expected sales outlook, suggesting newly launched products are receiving a strong reception from customers.
Reuters
Snowflake lifts product revenue forecast, enters AI deal with Anthropic
Data analytics provider Snowflake on Wednesday raised its annual product revenue forecast and said it has teamed up with AI firm Anthropic to build up its cloud services, sending its shares surging ...
Reuters
Snowflake raises annual product revenue forecast, announces AI deal with Anthropic
Snowflake on Wednesday raised its annual product revenue forecast, betting on robust demand for its data cloud and analytics platform, and announced a partnership with artificial intelligence firm ...
TechCrunch
Snowflake snaps up data management company Datavolo
Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum.
VentureBeat
Snowflake beats Databricks to integrating Claude 3.5 directly
The company has partnered with Anthropic to bring Claude 3.5 family of models to Cortex AI, the fully-managed service for gen AI development ...
SiliconANGLE
Snowflake’s shares surge higher on blowout earnings, a promising acquisition and new AI partnership
Snowflake's shares surge higher on blowout earnings, a promising acquisition and new AI partnership - SiliconANGLE ...
Reuters
Snowflake shares surge on rosy forecast, AI deal with Anthropic
Snowflake's shares surged more than 28% on Thursday after the data analytics provider raised its annual product revenue forecast, signaling growing demand for cloud-based data storage and analytics.
SiliconANGLE
Snowflake to broaden interoperability with Microsoft Dataverse and Dynamics
Snowflake Inc. said today that it is expanding its partnership with Microsoft Corp. to support a connector that enables bidirectional access between Microsoft’s Dataverse platform for copilot ...
VentureBeat
Snowflake Build: the 4 biggest announcements on Cortex AI and more
The company debuted new tools for Cortex AI, its fully managed offering for developing conversational AI apps.
The Register
Snowflake opens chat-driven access to enterprise and third-party data
Cortex-powered front end for easier access to insights across multiple sources Snowflake is set to preview a new platform it claims will help organizations build chatbots that can serve up data from ...
SiliconANGLE
DeepTempo exits stealth with AI-powered cybersecurity app on Snowflake Marketplace
Artificial intelligence-driven cybersecurity startup DeepTempo launched today with the release of Tempo, a deep learning-based Snowflake Inc.-native app that improves the detection of potential ...
The Register
Here's what we know about the suspected Snowflake data extortionists
A Canadian and an American living in Turkey 'walk into' cloud storage environments… Two men allegedly compromised what's believed to be multiple organizations' Snowflake-hosted cloud environments, ...
TechCrunch
Snowflake hackers identified and charged with stealing 50 billion AT&T records
The U.S. Department of justice indicted two hackers for breaking into the systems of AT&T and several other companies.