Lisa Mateo

And as investors look for signs of AI adoption or disruption, its forecast product revenue for the current quarter will be about $1.26 billion.

That's up 27%.

They reported more than 9,000 accounts using Snowflake AI features.

Shares, you can see, up 3.7%.

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.