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Snowflake signs $200 million partnership with OpenAI, to offer models in Cortex AI

Snowflake said on Monday it has entered into a $200 million partnership with OpenAI. The companies plan to develop and deploy customised AI solutions for joint customers and help improve return on investment. OpenAI models will be provided by default in Snowflake Cortex AI and will be available to Snowflake's roughly 12,600 customers worldwide across major cloud environments including AWS, Microsoft Azure and Google Cloud Platform.