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May 28, 2026 4:00 PM

Snowflake Deepens AWS Tie-Up As AI Data War With Databricks Escalates

Snowflake Inc. (NYSE:SNOW) dropped a one-two punch Wednesday evening: a blowout quarter and a $6 billion commitment to Amazon.com Inc. (NASDAQ:AMZN) AWS that signals the company is making a clear strategic bet on where the AI infrastructure war will be won.

SNOW stock is soaring after earnings. See the price action here.

AWS Commitment

The new multi-year deal, announced alongside first-quarter results that sent SNOW shares surging more than 35%, calls for Snowflake to spend $6 billion on AWS’s Graviton compute and AI services over the next five years.

That implies roughly $1.2 billion in annual AWS spend, a dramatic escalation from the $2.5 billion arrangement the companies held as of 2023, according to CNBC.

The partnership isn’t just a spend commitment. The agreement expands joint go-to-market efforts, deeper product integrations across generative and agentic AI, and shared customer success programs aimed at migrating enterprises onto a combined AI stack.

Snowflake CEO Sridhar Ramaswamy framed it plainly: the AWS deal is about ...

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