3 outlets·3 reports
Snowflake commits $6bn to AWS over five years, with Graviton chips at the centre
ThinkingNews Desk · how this was written
Snowflake has committed to spending $6 billion on Amazon Web Services over the next five years, with the deal centered on Graviton AI CPU chips. In its first-quarter results, the company reported revenue of $1.39 billion, a 33 percent year-over-year increase that topped analysts’ $1.32 billion estimate.
Written from all 3 reports below, not from any single one.
How it was reported
- TechCrunch·In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
- TechMeme·Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 29%+ after hours (CNBC)
- The Next Web·Snowflake commits $6bn to AWS over five years, with Graviton chips at the centre
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