Snowflake plans to acquire the database startup Crunchy Data in a move to broaden its data and artificial intelligence platform offerings, cater to the burgeoning demand for data and AI solutions from enterprises, and capitalize on a market opportunity valued at $350 billion. The acquisition is contingent upon regulatory approval, and specific transaction details have yet to be revealed. Through this acquisition, Snowflake anticipates leveraging increased corporate spending and delivering AI agents capable of autonomous task execution.