Snowflake and OpenAI Announce $200M Partnership

American IT company Snowflake announced a $200 million partnership with OpenAI to integrate advanced AI models into its cloud data platform, reflecting a growing trend of using AI for big data analysis.

American IT company Snowflake announced on Monday that it has entered into a $200 million partnership with OpenAI. The goal is to integrate advanced artificial intelligence models directly into its cloud data platform. This comes as companies increasingly turn to AI to extract insights from vast amounts of data.

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2026-02-03T07:18:02+00:00

Oil prices stabilize on Tuesday

Oil prices stabilized on Tuesday as market participants assessed the likelihood of easing tensions between the US and Iran, while the strong dollar limited price increases.

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2026-02-03T04:19:37+00:00

S&P 500 Rises on Chip and AI Stock Gains

The S&P 500 closed higher on Monday, boosted by gains in chip-making and AI-related companies, while small-cap stocks saw a sharp increase.

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2026-02-03T04:16:50+00:00

SpaceX Acquires Elon Musk's xAI Startup

Elon Musk announced a record-breaking deal where SpaceX, his rocket and satellite company, has merged with xAI, the manufacturer of the chatbot Grok. This event marks a significant step in integrating his ambitions in space and artificial intelligence.