Landmark quarter - 9th sequential dollar growth in company history. Product revenue $2.334 billion, up 34%. Net revenue retention up to 126%. AI is compounding Snowflake's advantage in data. Snowflake Intelligence doubled data option with respect to accounts. Coding agent Cocoa used by more than 7,000 accounts. Raised yearly guidance from 27% to 31%.

This is the quarter where we clearly showed that AI is compounding Snowflake's advantage in data.

It's a whole lot easier to get things done with Snowflake. Cocoa facilitates people getting jobs 5 to 10 times faster. Snowflake Intelligence puts work at your fingertips. Concrete example: at a conference, in two minutes knew which of 30+ CEOs were customers and how much to prioritize.

Been very consistent on data platform based on consumption model. This quarter showed ability to harness AI to get more value from Snowflake. Combination of secular drive AI provides for data platforms plus ability to harness AI ourselves and drive meaningful consumption.

Amazon is a long-time partner and biggest cloud provider. Important thing is how we go to customers together. Deals like this give massive economies of scale that let us pass savings to customers. Huge change in how we price AI, making it a lot less expensive for customers.

Deal makes us much more effective together. Amazon is interested in solving customer problems and having a data platform is key. We work at every level of the hierarchy. Ability to collaborate at a deep level to solve complex problems like metadata migration makes it unique. Truly a better together story.

Will continue to be very open-minded about M&A. Key acquisition widens aperture of what is visible in Snowflake Intelligence to all data that matters - email, documents, other obligations. Will continue to be very active on this front for key pieces of technology and amazing teams.