Cambridge Technology: Plans to raise approximately HK$1.98 billion through placing shares
Snowflake has entered a multi-year strategic collaboration with Amazon Web Services (AWS) to accelerate enterprise adoption of agentic AI. As part of this expanded partnership, Snowflake committed $6 billion to AWS for infrastructure, signaling a rapid increase in demand for AI and data workloads on AWS. This collaboration aims to help joint customers build and deploy AI more efficiently and securely. AI
IMPACT Accelerates enterprise AI adoption by providing enhanced infrastructure and collaboration between Snowflake and AWS.