Snowflake, Databricks Discuss AI Data Security Deals With Google, Anthropic

After Sridhar Ramaswamy became CEO of database provider Snowflake a year ago, customers such as banks and healthcare firms said they might move their business elsewhere because they felt they couldn’t safely access artificial intelligence from OpenAI, Anthropic or Google through Snowflake’s core product.

Some customers considered switching to rival products from Amazon and Microsoft that grant access to cutting-edge AI while preventing customers’ business data from leaking to the AI providers—a key requirement for many of them—according to a Snowflake employee.

Ramaswamy is now poised to fill the gaps and boost revenue. In the latest example, Snowflake is in talks with Google about making its Gemini models available securely for customers to build AI applications, such as those that automate processing insurance claims or creating ads, the employee said.