Market Chatter: Google in Talks With Snowflake on AI Security Deal

MT Newswires Live
03-11

Alphabet's (GOOG) Google is in talks with Snowflake (SNOW) about making its Gemini models available securely for customers to build artificial-intelligence applications, like those that create ads or automate processing insurance claims, The Information reported Tuesday, citing a Snowflake employee.

Meanwhile, executives from Snowflake's top rival, Databricks, recently talked with Anthropic about a similar agreement, according to the report, which cited a Databricks manager involved int he disucssions.

Alphabet, Snowflake, Databricks and Anthropic did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 166.88, Change: -0.93, Percent Change: -0.55

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