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

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.

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