Snowflake, the cloud-based knowledge storage firm, has introduced that it’s going to combine OpenAI’s newest fashions into its Cortex AI platform on Microsoft Azure. Additional, the corporate’s Cortex Brokers are additionally now out there in Microsoft 365 apps and on Copliot.
“This makes us the one knowledge platform to seamlessly host each Anthropic and OpenAI, world-leading fashions enabling our clients to construct knowledge brokers whereas making certain that their knowledge stays safe in Snowflake,” mentioned Sridhar Ramaswamy, CEO of Snowflake.
As part of Snowflake’s providers, Cortex is a collection of AI instruments that helps customers analyse unstructured knowledge and construct AI functions. Cortex affords AI fashions from Anthropic, Meta, Mistral, OpenAI, DeepSeek and extra.
Not too long ago, the corporate launched Cortex Brokers, which plans duties, executes them utilizing instruments, and refines responses for improved accuracy.
The service is obtainable through a REST API and integrates into functions utilizing Cortex Analyst for structured knowledge (SQL technology) and Cortex Seek for unstructured knowledge retrieval.
Snowflake introduced its This autumn 2024 earnings on February 26 and reported product income of $943 million, a rise of 28% 12 months over 12 months. The corporate recorded a income of $3.5 billion in FY25 income, a rise of 30% 12 months over 12 months.
“FY26 goes to be an thrilling 12 months. Snowflake is probably the most consequential knowledge and AI firm proper now,” mentioned Ramaswamy in a publish on X.
“Our North Star is to ship the world’s finest end-to-end knowledge platform powered by AI, and we’re making progress on daily basis to ship on that imaginative and prescient,” added Ramaswamy within the earnings name.
The corporate mentioned it launched over 400 product capabilities to the market, doubling the quantity from final 12 months. Ramaswamy additionally mentioned that Snowflake has over 4,000 clients utilizing its know-how.
The corporate anticipates a 24% improve in its annual income in 2026, reaching $4.28 billion.
One among Snowflake’s largest rivals is Databricks, which raised $10 billion in funding final December in one of many largest enterprise rounds. Snowflake additionally competes with cloud suppliers like AWS, Microsoft, and Google and specialised firms like Redis, MongoDB, and Snowflake—all a part of a crowded $120 billion database market.
The publish Snowflake Provides OpenAI’s Newest Fashions to Cortex AI appeared first on Analytics India Journal.
