- Oracle and Snowflake announced on Oct 27, 2026 that Snowflake AI Data Cloud will be available as a native, first-party service on OCI.
- Customers can purchase, provision and consume Snowflake on OCI directly through Oracle, with unified pricing, billing and Oracle Universal Credits.
- Simply Wall St reports Snowflake shares at $330.27 against a narrative fair value of $78.83, and labels the stock overvalued.
Quotes
“By making Snowflake available as a native OCI service, we’re giving customers more choice in the AI and data capabilities they can use, while simplifying how they deploy, manage, and pay for those services.”
“Snowflake is excited to be the flagship AI data platform partner running as a first party offering inside Oracle Cloud Infrastructure”