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Snowflake commits $6bn to AWS over five years, with Graviton chips at the centre — Blankdot

thenextweb.com2 months ago

Snowflake commits $6bn to AWS over five years, with Graviton chips at the centre

Snowflake commits $6bn to AWS over five years, with Graviton chips at the centre

The five-year commitment is 2.4x larger than Snowflake’s 2023 AWS deal and lands as shares jump 38% on a Q1 earnings beat. The Graviton component is the part that matters strategically. Snowflake has signed a five-year, $6bn commitment to Amazon Web Services in what both companies are framing as…

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