Snowflake Deepens AWS Tie-Up As AI Data War With Databricks Escalates

Snowflake Inc. (NYSE: SNOW ) dropped a one-two punch Wednesday evening: a blowout quarter and a $6 billion commitment to Amazon.com Inc. (NASDAQ: AMZN ) AWS that signals the company is making a clear strategic bet on where the AI infrastructure war will be won. SNOW stock is soaring after earnings. See the price action here.   AWS Commitment The new multi-year deal — announced alongside first-quarter results that sent SNOW shares surging more than 35% — calls for Snowflake to spend $6 billion on AWS’s Graviton compute and AI services over the next five years.  That implies roughly $1.2 billion in annual AWS spend, a dramatic escalation from the $2.5 billion arrangement the companies held as of 2023, according to CNBC.   The partnership isn’t just a spend commitment. The agreement expands joint go-to-market efforts, deeper product integrations across generative and agentic AI, and shared customer success programs aimed at migrating enterprises onto a combined AI stack.  Snowflake CEO Sridhar Ramaswamy framed it plainly: the AWS deal is about ... Full story available on Benzinga.com