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 (AMZN, MSFT, GOOG)

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 (AMZN, MSFT, GOOG)

Business Insider

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· Cloud data warehousing startup Snowflake just filed initial paperwork to go public.
· In the paperwork, the company disclosed it has agreed to spend $1.2 billion on cloud infrastructure services by July 2025.
· Snowflake didn't specify to which cloud provider or providers it made the commitment, but said it operates on...

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