Dive Brief:
- Snowflake expanded its partnerships with Anthropic and Accenture to scale agentic and generative AI innovation in the enterprise, according to two Wednesday announcements. The move to scale the data cloud provider’s collaborations comes alongside Snowflake’s Q3 2026 earnings for the period ending Oct. 31, 2025.
- The company reported a total Q3 revenue of $1.21 billion, representing 29% growth year over year. CEO Sridhar Ramaswamy told investors during a Dec. 3 earnings call that Snowflake serves as the “cornerstone for our customers’ AI strategy.”
- Snowflake Intelligence, the company’s enterprise AI agent, “saw the fastest adoption ramp in Snowflake history,” Ramaswamy said in an earnings announcement. “Combined with our strategic partnerships with the world’s leading AI model providers, clouds and application platforms, Snowflake is supercharging the entire data lifecycle with AI-driven capabilities.”
Dive Insight:
Growing collaboration between companies that make up the IT landscape demonstrates the critical role of data and interoperability in making AI tools beneficial to the enterprise.
Snowflake struck new partnerships with Workday, Palantir, UiPath and Splunk in Q3 to “enable secure and seamless data access across the systems our customers use every day and unlock new innovations like agent-to-agent collaboration,” Ramaswamy said during the Q3 2026 earnings call.
Meanwhile, Snowflake’s multiyear, $200 million deal with Anthropic will focus on deploying AI agents across global enterprises. Its expanded partnership with Accenture will provide joint customers access to AI tools, including Snowflake Intelligence, and trained service providers in an effort to capitalize on the agentic AI rush.
Snowflake is seeing some of that momentum firsthand. “Already, 1,200 customers are harnessing next-generation agentic AI capabilities to drive real business impact at scale,” Ramaswamy told investors. He added that more than 7,300 Snowflake accounts are using AI capabilities more broadly every week.
Snowflake’s move to deepen its business collaborations follows an announcement in November that it would partner with SAP to combine its AI tools with SAP’s Business Data Cloud, a SaaS offering that brings SAP data together in one place.
Snowflake is also helping to lead the Open Semantic Interchange, a multistakeholder initiative to standardize how semantic metadata is shared across platforms, making it easier for AI tools to analyze information.
AWS and Google Cloud also announced a multicloud collaboration at AWS re:Invent this week, during which AWS introduced what it calls frontier agents that can span multicloud environments.
