Lisa Mateo

Let's bring in Snowflake CEO, Sridhar Ramaswamy.

Sridhar.

I'm reading notes, Mizuho saying bookings were a standout.

They're talking about the seven nine-figure deals that have come.

Where are those deals coming from?

What are those customers demanding of you?

Great to see you, Caroline.

Yes, we had seven nine-figure deals, including a mammoth $400 million deal.

It reflects the confidence that our customers have, both in where Snowflake is right now, but importantly, where we are going.

We all understand that software is being disrupted by AI in a very, very big way.

But what our customers understand is that what

enterprise AI to truly succeed.

They need a single source of enterprise truth.

They need built-in security, auditability, trust, and access.

Of course, you also need the best models.

That's what Snowflake provides for them.

And we're creating great products, products like Snowflake Intelligence that put the power of data into the hands of every business user.

Whoop, the healthcare company, I mean the health company loves using us and there are lots of partners that are using products like Cortex Code to speed up what can be done with Snowflake.

They're really looking to the future and making sure that we can deliver value with Snowflake and we are creating the products that help them deliver that kind of value day in and day out.

That's why you're seeing companies, as I said, make commitments of 400 plus million dollars with Snowflake.