Shares of Snowflake (NYSE:SNOW) rose about 2% on Monday after the AI Data Cloud group announced a $200 million, multi-year partnership with OpenAI aimed at bringing advanced AI model capabilities directly to enterprise customers.
The agreement centers on co-innovation and joint go-to-market initiatives designed to accelerate the rollout of AI agents across global organizations. As part of the deal, OpenAI models—including GPT-5.2—will be natively accessible to Snowflake’s roughly 12,600 customers through Snowflake Cortex AI, spanning all three major cloud providers.
With this move, OpenAI becomes one of the core model providers embedded in Snowflake’s platform, enabling customers such as Canva and WHOOP to use OpenAI’s leading models to build context-aware AI applications and agents throughout their operations.
“By bringing OpenAI models to enterprise data, Snowflake enables organizations to build and deploy AI on top of their most valuable asset using the secure, governed platform they already trust,” said Sridhar Ramaswamy, CEO of Snowflake.
Fidji Simo, CEO of Applications at OpenAI, added: “Snowflake is a trusted platform that sits at the center of how enterprises manage and activate their most critical data. This partnership brings our advanced models directly into that environment, making it easier to deploy AI agents and apps, so businesses can close the gap between what AI is capable of and the value they can create today.”
The collaboration is expected to help enterprises develop custom, interoperable AI agents that can reason over governed datasets and take action across a range of tools and applications. Snowflake Intelligence, powered by OpenAI models, will allow employees to access reliable insights instantly using natural-language queries.