Snowflake Expands AI Footprint with New Silicon Valley AI Hub and $200M Investment in Next-Gen Startups
27 Février 2025 - 7:00PM
Business Wire
- The nearly 30,000 square foot space in Menlo Park will
represent one of the largest dedicated spaces for developers,
startups, and business leaders to shape the future of AI
- Snowflake also plans to invest up to $200M in next-gen startups
innovating on its AI Data Cloud through the Snowflake Startup
Accelerator Program, in partnership with leading VCs
- Snowflake continues to pioneer the future of AI, committing
$20M toward AI upskilling and supporting more than 4,000 customers
with AI/ML capabilities
Snowflake (NYSE: SNOW), the AI Data Cloud company, today
announced that it is deepening its investments in AI innovation by
opening the Silicon Valley AI Hub, a home for developers, startups
and business leaders to learn, deepen relationships, and shape the
future of AI.
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the full release here:
https://www.businesswire.com/news/home/20250227246691/en/
Snowflake Expands AI Footprint with New
Silicon Valley AI Hub and $200M Investment in Next-Gen Startups
(Graphic: Business Wire)
“Snowflake is the most consequential data and AI company in the
world today,” said Sridhar Ramaswamy, CEO of Snowflake. “Our
technology is already at the heart of customers' data and AI
strategies, and now, we are taking it a step further by creating a
physical space for people shaping the future of AI to connect,
learn, and work. Whether you're a developer looking for hands-on
experience, a startup founder looking for a place to collaborate,
or an executive looking to explore the art of the possible, the
Silicon Valley AI Hub will serve as the epicenter of AI development
and collaboration.”
Located in the heart of Silicon Valley at Snowflake’s new Menlo
Park campus, the nearly 30,000 square foot space plans to open in
Summer 2025, and will feature a range of spaces designed for people
across the AI ecosystem. The Silicon Valley AI Hub will feature a
startup hub with flex desks, event spaces for community meetups and
workshops, training rooms, a Customer Experience Center with board
rooms for executive meetings, a video production studio, cafe,
onsite catering and patio with views overlooking the San Francisco
Bay Area. The space will offer enterprise executives a
collaborative and flexible venue to define strategies and establish
partnerships, AI engineers a space to experiment with new
technologies and learn from each other, and early-stage startups,
including those from venture capital firms Altimeter, Conviction,
IVP, Redpoint, and Sequoia Capital, a homebase to get work
done.
Snowflake to Invest $200M in Next-Gen Startups
In addition to having access to the resources offered at the
Silicon Valley AI Hub, startups in the Snowflake ecosystem have
even more opportunities to build and expand their businesses with
Snowflake. Through the Snowflake Startup Accelerator, Snowflake and
its VC partners are doubling down on their commitment to invest in
and support a broad range of startups, including those that are
building AI based products and industry solutions on Snowflake.
Formerly known as the Powered by Snowflake Funding Program, the
Snowflake Startup Accelerator is expanding to invest up to $200
million, deliver technical assistance, give free credits, and
unlock access to additional capital to help early-stage startups
grow their businesses in the AI Data Cloud. In addition, Amazon Web
Services (AWS) has also committed to provide up to $1 million in
free Snowflake credits on AWS over four years to support startups
building and offering applications on Snowflake’s platform.
Snowflake Invests $20M in AI Upskilling Around the
World
To address the growing demand for AI talent and help create a
more diverse, skilled workforce ready for the AI-driven future,
Snowflake recently announced its One Million Minds + One Platform
program. The program has committed $20 million to train and certify
more than 100,000 users on the Snowflake AI Data Cloud by 2027 at
no cost for learners, and upskilling one million people on data and
AI by 2029.
Snowflake is advancing easy, efficient and trusted enterprise AI
for thousands of global customers today. Snowflake brings AI
capabilities directly to an organization’s governed data, enabling
teams to run analytical workflows on unstructured data, develop
agentic apps, and train models using both structured and
unstructured data - all with minimal operational overhead and
end-to-end governance. More than 4,000 global companies are already
using Snowflake’s industry-leading AI/ML capabilities in the AI
Data Cloud.
Snowflake Summit 2025 is bringing the future of AI and data to
the center stage, June 2-5, 2025 in San Francisco. Register to be
among the first to hear how thousands of enterprises are
revolutionizing their businesses with AI.
Stay connected and explore more:
- Stay on top of the latest Silicon Valley AI Hub news and
events.
- Learn more about the Snowflake Startup Accelerator and apply to
the program.
- Learn more about Snowflake’s free resources for AI
upskilling.
- Get started on your data and AI learning journey with Snowflake
University.
- Stay up to date with the latest news and announcements on
LinkedIn and Twitter / X.
About Snowflake
Snowflake makes enterprise AI easy, efficient and trusted. More
than 11,000 companies around the globe, including hundreds of the
world’s largest, use Snowflake’s AI Data Cloud to share data, build
applications, and power their business with AI. The era of
enterprise AI is here. Learn more at snowflake.com (NYSE:
SNOW).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250227246691/en/
Media Contacts Danica Stanczak Director, Corporate
Communications, Snowflake press@snowflake.com
Snowflake (NYSE:SNOW)
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