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acquisitionAnnounced · Feb 2, 2026SoftwareSource · CredibleArticle · Factual
Snowflake acquires OpenAI
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$200M
Target
OpenAI
ANTH.PVT · San Francisco, California
Acquirer
Snowflake
Full Acquisition
Status
Announced
Snowflake agreed to acquire OpenAI. Reported deal value: $200M. Status: Announced. Sector: Software. Target headquarters context: San Francisco, California, United States.
This page summarizes publicly available information about the transaction as of 2026-02-02. Figures and status may change as filings and press coverage update.
Rebecca Szkutak 11:09 AM PST · February 2, 2026 Cloud data company Snowflake has entered into a $200 million multi- year AI deal with Open AI on Monday, the latest signal that enterprise AI competition continues to heat up
Deal timeline
Announced
Feb 2, 2026 · techcrunch.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Software with a reported deal value of $200M. Figures and status may change as sources update.
Sources: techcrunch.com · Primary article · FireStrike proprietary index