It can do that because Snowflake’s customers are accelerating their spending on AWS as of late, Snowflake says, doubling in 2025 to $2 billion for that calendar year alone.

What’s driving the growth is, naturally, AI. Snowflake has been offering its AI building tool, Cortex AI, for a couple of years now. It’s a tool that makes sense: Snowflake is where much of an enterprise’s data lives. The AI tool can provide features like a text interface for database queries (just ask, in regular language), summary reports, and so on.

Of particular note is that Snowflake is signing this contract for more access to AWS’s home-grown ARM-based CPU chip, Graviton.

As AI moves from training to daily usage to automation via agents, CPU usage skyrockets. While GPUs handle training and reasoning, CPUs handle most of the rest of the tasks associated with AI, particularly agents.