Snowflake, the cloud-based data storage company, has announced that it will integrate OpenAI’s latest models into its Cortex AI platform on Microsoft Azure. Further, the company’s Cortex Agents are also now available in Microsoft 365 apps and on Copliot. 

“This makes us the only data platform to seamlessly host both Anthropic and OpenAI, world-leading models enabling our customers to build data agents while ensuring that their data remains secure in Snowflake,” said Sridhar Ramaswamy, CEO of Snowflake. 

As a part of Snowflake’s services, Cortex is a suite of AI tools that helps users analyse unstructured data and build AI applications. Cortex offers AI models from Anthropic, Meta, Mistral, OpenAI, DeepSeek and more. 

Recently, the company launched Cortex Agents, which plans tasks, executes them using tools, and refines responses for improved accuracy. 

The service is available via a REST API and integrates into applications using Cortex Analyst for structured data (SQL generation) and Cortex Search for unstructured data retrieval. 

Snowflake announced its Q4 2024 earnings on February 26 and reported product revenue of $943 million, an increase of 28% year over year. The company recorded a revenue of $3.5 billion in FY25 revenue, an increase of 30% year over year. 

“FY26 is going to be an exciting year. Snowflake is the most consequential data and AI company right now,” said Ramaswamy in a post on X.

“Our North Star is to deliver the world’s best end-to-end data platform powered by AI, and we are making progress every day to deliver on that vision,” added Ramaswamy in the earnings call. 

The company said it introduced over 400 product capabilities to the market, doubling the number from last year. Ramaswamy also said that Snowflake has over 4,000 customers using its technology. 

The company anticipates a 24% increase in its annual revenue in 2026, reaching $4.28 billion. 

One of Snowflake’s biggest competitors is Databricks, which raised $10 billion in funding last December in one of the largest venture rounds. Snowflake also competes with cloud providers like AWS, Microsoft, and Google and specialised companies like Redis, MongoDB, and Snowflake—all part of a crowded $120 billion database market.

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