Snowflake Inks Monumental $6B Cloud Agreement with Amazon Web Services
Cloud data warehousing titan, Snowflake, unveiled a colossal $6 billion multi-year agreement with Amazon Web Services on May 27, 2026. This agreement marks the company’s most significant infrastructure commitment to date. The five-year deal is primarily aimed at accelerating enterprise AI adoption and deploying agentic AI applications.
The commitment encompasses extensive utilization of Amazon’s custom Graviton processors and AI accelerators. This reflects the burgeoning demand for AI and data workloads. To put things into perspective, Snowflake has generated roughly $7 billion in lifetime sales through AWS Marketplace since its inception in 2012. This single contract is nearly equivalent to all previous revenue combined.
“We are making it easier for enterprises to bring AI directly to governed data, so they can move faster, operate with greater density and create measurable impact at scale,” said Sridhar Ramaswamy, Snowflake’s CEO. The expanded collaboration builds on an 11-year partnership that began when Snowflake was founded on AWS infrastructure.
Snowflake also reported robust first-quarter fiscal 2027 results. The product revenue reached a staggering $1.33 billion, representing a 34% year-over-year growth. This marks the most substantial sequential dollar growth in the company’s history. The AWS deal expands Snowflake’s previous commitment from $2.5 billion in 2023 to the current $6 billion, demonstrating the rapid scaling of enterprise AI infrastructure investments.