Snowflake Inc.
Menlo Park, CA, United States
Company overview
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. The company's platform includes artificial intelligence (AI) Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products, as well as applies AI for solving business problems. It serves financial services, advertising, media and entertainment, retail and consumer goods, healthcare and life sciences, manufacturing, technology, telecom, travel and hospitality, and government and defense industries, as well as the public sector. the company has a collaboration with OpenAI, L.L.C. for the development of AI solutions for joint enterprise customers that deliver tangible return on investment. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Menlo Park, California.
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Snowflake Ties $448 Million CEO Pay Package to Near-Doubling of Market Cap
Snowflake unveiled a $448M CEO pay package for Sridhar Ramaswamy tied to five stock price milestones, requiring shares to nearly double to $531 by 2033.
Market News
Zeta Global Surges 4.8% on Dual AI Partnerships with Snowflake and Palantir
Zeta Global shares climbed 4.8% after announcing AI partnerships with Snowflake and Palantir, with analysts estimating $100M+ in potential annual revenue.
Market News
Three Rapidly Growing Companies Strengthening Their Market Positions in 2026
Snowflake, Vita Coco, and BrightSpring Health Services demonstrate strong revenue growth while building competitive advantages in cloud data, consumer beverages, and healthcare services.
Market News
ServiceNow Surges 12.7% as AI Infrastructure Rally Gains Momentum
ServiceNow jumped 12.7% as investors embraced AI infrastructure optimism following strong results from Snowflake and Dell, signaling enterprise AI adoption momentum.
Market News
Tech Software Sector Faces Sharp Decline as Semiconductor Rally Continues
Software stocks face sharp declines while semiconductors surge, with analysts viewing this divergence as a potential warning sign for broader market weakness.