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deep tech CloudTech May 28, 2026

Snowflake signs US$6bn AWS deal for enterprise AI workloads

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Snowflake has raised its product revenue forecast for the fiscal year 2027 after reporting stronger-than-expected quarterly revenue, with the Snowflake-AWS deal adding a US$6 billion infrastructure commitment for enterprise AI workloads on Amazon Web Services. The company now expects fiscal 2027 product revenue of US$5.84 billion, up from its earlier forecast of US$5.66 billion. It […] The post Snowflake signs US$6bn AWS deal for enterprise AI workloads appeared first on Cloud Computing News .

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