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Snowflake reports Q4 earnings up 28%, partners with Microsoft on AI, shares surge 9.27%.
Snowflake reported strong Q4 earnings, exceeding expectations with a 28% rise in product revenue and a 33% increase in future obligations.
The company also announced a new partnership with Microsoft to integrate OpenAI's models into Snowflake's AI platform, available in select Azure regions with plans to expand globally.
Shares rose 9.27% in after-hours trading following the announcement.
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Snowflake reporta ganancias Q4 hasta el 28%, socios con Microsoft en IA, las acciones aumentan 9,27%.