Snowflake agreed spend to $1.2 billion on cloud services, uses AWS - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Snowflake says in its IPO paperwork that it committed to $1.2 billion in cloud spending, and said a 'substantial majority' of the business runs on Amazon Web Services

In the paperwork, the company disclosed it has agreed to spend $1.2 billion on cloud infrastructure services by July 2025.

The startup disclosed it has committed to spending $115 million before July 2021, and $185 million, $250 million, $300 million, and $350 million respectively in each subsequent year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

GUESS WHAT? We have a 10% off coupon going around for ALL purchases $20 and OVER. The coupon expires: August 30th 2020 at 12 AM (Eastern Time). START SHOPPING BEFORE ITS EXPIRED! Use coupon: SIMPLESPIRITZ10 for 10% of all purchases $20 and over. Link is in our bio! START BUYING

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mercedes G63 limo is a $1.2 million bulletproof living room on wheels - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Do You Want To create 3d Amazing Video Intro Logo Animation Video In $5 ? Contact Me : LogoAnimation MadeOnFiverr Top Logo Animation Best Logo Animation
Source: BusinessInsider - 🏆 729. / 51 Read more »

An insider look at the pitch deck used by open-source platform Almanac - Business InsiderPRESENTING: We got an exclusive look at the pitch deck open-source platform Almanac used to raise $9 million in funding. The CEO breaks it down and gives his advice for entrepreneurs to perfect their pitch. Pakistan ISI Pakistan Army will wipe out generations of all Israeli Jews in the world. Like Hitler, Pakistan will execute all Israeli Jews. People will forget Hitler. Another history will be written about Pakistan Pakistan can destroy Israel in 12 minutes
Source: BusinessInsider - 🏆 729. / 51 Read more »

Europe's software startups face 6.3% tech spending decline - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. In the US it will be 50%
Source: BusinessInsider - 🏆 729. / 51 Read more »

4 destinations using creative ways to keep guests safe in pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. MollyOBrien1996 شرح بسيط في التداول في الخيارات الثنائية هنا على الرابط٠...للاشخاص المهتمين بربح من الانترنات
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett's $87 billion Apple gain exceeds market cap in 2009 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. He loves all those expensive items made with cheap labor. This is why he’s a globalist too My role model When he Will sell ?
Source: BusinessInsider - 🏆 729. / 51 Read more »

UBS hires $3 billion DC-based private wealth team from Goldman Sachs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »