Snowflake and Anthropic have entered a multi-year, $200 million partnership to bring agentic AI capabilities to more than 12,600 global enterprises, the companies announced on December 4.
The expanded agreement makes Anthropic’s Claude models available across Snowflake via Amazon Bedrock, Google Cloud Vertex AI and Microsoft Azure, while establishing a joint go-to-market effort focused on deploying AI agents at scale.
The companies said the partnership allows enterprises to use Claude to analyse both structured and unstructured data within Snowflake’s governed environment. According to Snowflake, thousands of customers already process trillions of Claude tokens each month through Snowflake Cortex AI.
“Enterprises have spent years building secure, trusted data environments, and now they want AI that can work within those environments without compromise,” said Dario Amodei, CEO and co-founder of Anthropic. “This partnership brings Claude directly into Snowflake, where that data already lives.”
Sridhar Ramaswamy, CEO of Snowflake, said the deal reflects the depth of collaboration between the two companies. “The combined power of Claude and Snowflake is raising the bar for how enterprises deploy scalable, context-aware AI on top of their most critical business data.”
The partnership enables enterprises to build and deploy AI agents capable of multi-step reasoning. Snowflake said Claude can identify the data required for a task, pull it from across a company’s Snowflake environment, and deliver answers with more than 90% accuracy on complex text-to-SQL tasks, based on internal benchmarks. The companies said this is intended to help regulated industries move AI pilots into production.
Snowflake Intelligence, powered by Claude Sonnet 4.5, will allow business users to query structured and unstructured data using natural language. Through Snowflake Cortex AI Functions, customers can also run multimodal workloads—across text, images, audio and tabular data—using SQL.
Cortex Agents will let enterprises build custom multi-agent systems that retrieve and reason over data, supported by governance features in Snowflake Horizon Catalog.
Meanwhile, on December 3, the company reported revenue of $1.21 billion for the third quarter of fiscal 2026, a 29% increase from a year earlier, as it continued to expand its AI-focused data offerings.
Product revenue for the quarter ended October 31, 2025, reached $1.16 billion, also up 29% year-over-year. The company’s net revenue retention rate stood at 125%.
Snowflake said it now has 688 customers generating more than $1 million in 12-month product revenue, a 29% rise from last year. The company also reported 766 Forbes Global 2000 customers, a 4% increase over the same period.
Meanwhile, Anthropic is reportedly working on its initial public offering, which would value the company at more than $300 billion, 40% of OpenAI’s valuation. Amodei recently told the DealBook Summit audience that the company expects to end the year with revenue between $8 billion and $10 billion.
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