The Cloud Giants: Hyperscalers want to lock customers into their own walled gardens, forcing companies to use their specific proprietary AI tools.The Private Rival: Databricks, a primary competitor, is reportedly generating nearly $4.8 billion in annualized revenue and is preparing for a massive initial public offering (IPO). They are growing rapidly and challenging Snowflake for market share.To understand why Snowflake is investing$200 million in this partnership, investors must look at the competitive la ...