Market Newsdesk

February 2, 2026 9:14 am

Snowflake to Present at Upcoming Investor Conference

Snowflake to Present at Upcoming Investor Conference

No-Headquarters/BOZEMAN, Mont.–(BUSINESS WIRE)–Snowflake (NYSE: SNOW), the AI Data Cloud company, will present at the following investor conference.

Chief Executive Officer, Sridhar Ramaswamy, and Chief Financial Officer, Brian Robins, will present at the Morgan Stanley Technology, Media & Telecom Conference, on Tuesday, March 3rd at 4:05PM PT.

An event webcast will be accessible on the investor relations section of the Snowflake website at https://investors.snowflake.com and archived on the Snowflake site for a period of 30 days.

About Snowflake

Snowflake is the platform for the AI era, making it easy for enterprises to innovate faster and get more value from data. More than 12,600 customers around the globe, including hundreds of the world’s largest companies, use Snowflake’s AI Data Cloud to build, use and share data, applications and AI. With Snowflake, data and AI are transformative for everyone. Learn more at snowflake.com (NYSE: SNOW).

View source version on businesswire.com: https://www.businesswire.com/news/home/20260202389022/en/

Investor Contact

Katherine McCracken

Head of Investor Relations

[email protected]

KEYWORDS: Montana United States North America Canada

INDUSTRY KEYWORDS: Data Management Technology Telecommunications Software Artificial Intelligence Internet

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February 2, 2026 9:13 am

Marvell Completes Acquisition of Celestial AI

Marvell Completes Acquisition of Celestial AI

SANTA CLARA, Calif.–(BUSINESS WIRE)–Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has completed its previously announced acquisition of Celestial AI, a pioneer in optical interconnect technology for scale-up connectivity. Celestial AI brings its Photonic Fabric™ optical interconnect technology, designed to support high-bandwidth, low-latency connectivity across large-scale AI deployments.

With this acquisition, Marvell further strengthens its leadership across critical interconnect technologies required for next-generation AI and cloud data center architectures. The addition of Celestial AI expands Marvell’s optical connectivity capabilities, enabling more tightly integrated, high-bandwidth, and power-efficient solutions for data center customers. This positions the combined company to be a technology leader in the emerging scale-up interconnect market, adding a significant and completely incremental new total addressable market (TAM).

“Celestial AI will enable us to advance Marvell’s long-term strategy to deliver the industry’s most comprehensive data infrastructure platforms,” said Matt Murphy, Chairman and CEO of Marvell. “As AI systems continue to scale in size and complexity, customers require innovative connectivity solutions. The addition of Celestial AI’s Photonic Fabric technology platform complements Marvell’s existing portfolio and enhances our ability to address the most demanding requirements of next-generation AI and cloud data center architectures. We are excited to welcome the talented team from Celestial AI to Marvell.”

Celestial AI’s technologies and teams will now be a part of Marvell’s Data Center Group, strengthening its end-to-end connectivity capabilities for next-generation AI systems.

Expected Financial Impact

Marvell expects initial revenue contributions from Celestial AI to begin in the second half of fiscal 2028, with revenue ramping meaningfully in the fourth quarter to a $500 million annualized run rate. Revenue is expected to double to a $1 billion annualized run rate by the fourth quarter of fiscal 2029.

The acquisition is expected to add approximately $50 million in annual non-GAAP operating expenses to Marvell’s current run rate. The completion of the acquisition reduced Marvell’s cash balance by $1 billion, lowering expected interest income in future fiscal periods, which will result in a decrease in the Company’s Other Income by approximately $38 million on an annual basis. In addition, the Company issued equity to complete the acquisition which increased Marvell’s diluted weighted-average shares outstanding by approximately 27 million shares.

About Marvell

To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 30 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud and carrier architectures transform—for the better.

Cautionary Statement Regarding Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the transaction between Marvell and Celestial AI, including statements regarding the benefits of the transactions and expected synergies and the products and markets of each company as well as statements regarding Marvell’s expectation of initial revenue contributions from Celestial AI beginning in the second half of fiscal 2028, with revenue ramping meaningfully in the fourth quarter to a $500 million annualized run rate, and further, revenue is expected to double to a $1 billion dollar run annualized rate by the fourth quarter of fiscal 2029. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the effect of the closing of the transaction on the business relationships, operating results, and business generally of Celestial AI, (ii) potential difficulties in employee retention as a result of the transaction, (iii) the ability of Marvell to successfully integrate Celestial AI’s operations and technologies, and (iv) the ability of Marvell to implement its plans, forecasts, and other expectations with respect to the acquired business. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the “Risk Factors” section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260201331090/en/

Marvell Investor Relations:

Ashish Saran

Senior Vice President, Investor Relations

408-222-0777

[email protected]

Marvell Media:

[email protected]

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INDUSTRY KEYWORDS: Networks Internet Hardware Artificial Intelligence Data Management Technology Semiconductor Other Technology

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February 2, 2026 9:10 am

The Real Ironman Economy: How AI, Superfibers, and Defense Tech Could Theoretically Converge

DENVER, Feb. 02, 2026 (GLOBE NEWSWIRE) — Recent reports that Palantir Technologies (NASDAQ: PLTR) has been tapped by President Trump to deploy AI systems to hunt fraud, likened in headlines to an AI “Ironman suit”, have reignited interest in how far advanced technology can really go. While the phrase is metaphorical, the underlying idea is very real: software, materials, and hardware are converging to augment human capability in ways that once sounded like science fiction.

So, what if Palantir, or some future prime contractor, were actually tasked with building a next-generation, Ironman-style wearable system? The answer wouldn’t lie with a single company, but with an ecosystem spanning AI, advanced materials, sensors, computing, and defense engineering.

Here are four publicly traded companies that could plausibly play a role in such a future, starting with one whose technology was tapped by the President for this potential mission.

Palantir Technologies

The AI brain behind the suit

Palantir doesn’t manufacture hardware, but it excels at something arguably more important: real-time data integration and decision-making. Reports that Palantir’s AI tools are being leveraged to detect fraud highlight the company’s ability to ingest massive data streams, identify anomalies, and surface actionable intelligence.

In any advanced wearable system, AI would be essential, coordinating sensor inputs, environmental data, and user feedback. Palantir’s platforms could serve as the command-and-control layer, translating raw data into situational awareness and predictive insights.

Recent developments: Palantir heads into its Q4 2025 earnings report (released or imminent as of early February 2026) with lofty Wall Street expectations, including projected revenue of around $1.34 billion (up ~62% year-over-year) and adjusted EPS of ~$0.23. Analysts highlight surging U.S. commercial growth (potentially over 100% in recent quarters), accelerating federal contracts (e.g., a major U.S. Navy deal), and AI platform momentum via tools like AIP.

Kraig Biocraft Laboratories (OTCQB: KBLB)

Spider silk superfibers as the foundation of next-gen wearables

Kraig Biocraft Laboratories may technically be classified as a biotech company, but its core innovation places it squarely in the advanced materials category. The company has successfully developed recombinant spider silk, a material long considered the toughest superfiber known to man due to its unmatched combination of strength, flexibility, and light weight.

Spider silk has been prized for decades by scientists and defense researchers alike, with many experts viewing it as a potential key to unlocking entirely new classes of materials. Kraig’s breakthrough, producing spider silk at scale using engineered silkworms, moves the fiber from theoretical promise toward commercial reality.

In an advanced wearable or exosuit concept, spider silk could be used for ultralight structural fabrics, flexible armor, load-bearing textiles, or high-durability composites, making KBLB a fascinating frontier play in future wearable technologies.

Recent developments: Kraig Biocraft continues to scale up production of its recombinant spider silk, with recent reports indicating the company is fulfilling sample orders for three top name-brand companies. While the specific names have not yet been publicly announced, they may be revealed around the time of delivery.

NVIDIA (NASDAQ: NVDA)

On-device AI and real-time processing power

AI is only as effective as the hardware running it. NVIDIA’s GPUs and embedded AI systems power everything from autonomous vehicles to robotics, making the company a natural enabler of advanced wearable intelligence.

For an Ironman-style concept, NVIDIA’s technology could provide the real-time processing muscle needed to interpret sensor data, manage machine vision, and execute rapid responses, all within a compact, energy-efficient footprint.

Recent developments: NVIDIA remains at the center of the AI boom, with CEO Jensen Huang recently discussing potentially “huge” investments in key partners like OpenAI (described as possibly the company’s largest ever), alongside a $2 billion investment in CoreWeave to accelerate AI factory buildouts (targeting gigawatts of capacity). These moves underscore NVIDIA’s deepening role in funding and powering frontier AI development, fueling expectations for continued explosive demand for its chips.

TE Connectivity (NYSE: TEL)

The nervous system: sensors and connectors

A high-performance wearable system would rely on thousands of data points moving seamlessly between components. TE Connectivity specializes in ruggedized connectors, sensors, and interconnect systems designed for harsh environments, exactly the conditions advanced wearables would face.

From motion tracking to biometric monitoring, TE’s components could form the nervous system of a wearable platform, linking materials, electronics, and AI into a cohesive whole.

Stark Industries

Individually, these companies address different challenges and the tech may not have reached Tony Stark comic book levels yet, but the ingredients for advanced, intelligent, materials-driven wearables are already being engineered in labs and factories around the world. For investors and technologists alike, that’s a fascinating frontier worth watching.

Individually, these companies address different challenges. Together, they hint at a future where wearable technology enhances human capability not through fantasy, but through materials science, AI, and systems engineering already taking shape today.

For more information about Kraig Labs’ spider silk technology and partnership opportunities, visit www.kraiglabs.com

Please click here to read the full Kraig Labs analyst report on 247marketnews.com.

Contact [email protected] for Analyst Report coverage and other investor/public relations services.

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PAID EDITORIAL DISCLOSURE: This is a paid editorial communication intended for informational purposes only. 24/7 is a third-party media provider that owns KBLB shares, which are on deposit and may be sold at the editor’s discretion, and has been compensated for providing ongoing KBLB market outreach and other services.. This press release may include technical analysis and should not be construed as financial or investment advice. Trading stocks involves risks, and readers should consult with their financial advisor before making investment decisions.

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Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company’s ability to continue as a going concern, general economic conditions, and other risk factors detailed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.

February 2, 2026 9:09 am

PacBio Completes Sale of Short-Read Sequencing Assets

MENLO PARK, Calif., Feb. 02, 2026 (GLOBE NEWSWIRE) — PacBio (NASDAQ: PACB), a leading developer of high-quality, highly accurate sequencing solutions, today announced the completion of the sale of select intellectual property and other assets related to PacBio’s short-read DNA sequencing technology and related clustering, sequencing reagent, and detection technologies to Illumina, Inc.

PacBio received $48.1 million in net cash proceeds from the transaction. Under the terms of the agreement, Illumina assumed certain liabilities and granted a non-exclusive license certain intellectual property back to PacBio.

“Last year, in response to challenging macroeconomic conditions, we made the strategic decision to pause development of our high-throughput short-read sequencing platform so that we can take full advantage of our innovations in the long-read sequencing market,” said Christian Henry, President and Chief Executive Officer. “This transaction further sharpens our focus and meaningfully strengthens our balance sheet. It positions us to drive adoption of our differentiated long-read sequencing platform and execute on the next phase of growth. For example, we have accelerated development of SPRQ-Nx chemistry to launch globally. SPRQ-Nx offers the most complete view of the genome at a competitive pricing structure.”

The transaction closed on January 30, 2026.

About
PacBio

PacBio (NASDAQ: PACB) is a premier life science technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our products and technologies, which include our HiFi long-read sequencing, address solutions across a broad set of research applications including human germline sequencing, plant and animal sciences, infectious disease and microbiology, oncology, and other emerging applications. For more information, please visit www.pacb.com and follow @PacBio.

PacBio products are provided for Research Use Only. Not for use in diagnostic procedures.

Forward-Looking
Statements

This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including, but not limited to, statements relating to PacBio’s current expectations, estimates and assumptions about the asset sale and the potential benefits thereof, including driving the adoption of PacBio’s differentiating long-read sequencing platform; and PacBio’s growth plans and initiatives as well as the expected financial impact and timing of these plans and initiatives. You should not place undue reliance on forward-looking statements because they are subject to assumptions, risks, and uncertainties and could cause actual outcomes and results to differ materially from currently anticipated results, including, but not limited to, failure to realize the anticipated benefits of the asset sale; unforeseen liabilities; challenges inherent in developing, manufacturing, launching, marketing and selling new products, and achieving anticipated new sales; potential cancellation of existing instrument orders; assumptions, risks and uncertainties related to the ability to attract new customers and retain and grow sales from existing customers; risks related to PacBio’s ability to successfully execute and realize the benefits of dispositions or acquisitions; the impact of new, increased or enhanced tariffs and export restrictions; rapidly changing technologies and extensive competition in genomic sequencing; unanticipated increases in costs or expenses; interruptions or delays in the supply of components or materials for, or manufacturing of, PacBio products and products under development; potential product performance and quality issues and potential delays in development timelines; the possible loss of key employees, customers, or suppliers; customers and prospective customers curtailing or suspending activities using PacBio’s products; third-party claims alleging infringement of patents and proprietary rights or seeking to invalidate PacBio’s patents or proprietary rights; risks associated with international operations; and other risks associated with general macroeconomic conditions and geopolitical instability. Additional factors that could materially affect actual results can be found in PacBio’s most recent filings with the Securities and Exchange Commission, including PacBio’s most recent reports on Forms 8-K, 10-K, and 10-Q, and include those listed under the caption “Risk Factors.” These forward-looking statements are based on current expectations and speak only as of the date hereof; except as required by law, PacBio disclaims any obligation to revise or update these forward-looking statements to reflect events or circumstances in the future, even if new information becomes available.

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February 2, 2026 9:08 am

Snowflake to Announce Financial Results for the Fourth Quarter and Full Year of Fiscal 2026 on February 25, 2026

Snowflake to Announce Financial Results for the Fourth Quarter and Full Year of Fiscal 2026 on February 25, 2026

No-Headquarters/BOZEMAN, Mont.–(BUSINESS WIRE)–Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2026, which ended January 31, 2026, following the close of the U.S. markets on Wednesday, February 25, 2026. Snowflake will host a conference call to discuss the financial results.

Conference Call Details

The conference call will begin at 3 p.m. Mountain Time on February 25, 2026. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 084430). For investors and participants outside the United States, see global dial-in numbers here (Access code: 084430).

The call will also be webcast live on the Snowflake Investor Relations website.

An audio replay of the conference call and webcast will be available two hours after its completion and will be accessible for 30 days on the Snowflake Investor Relations website.

About Snowflake

View source version on businesswire.com: https://www.businesswire.com/news/home/20260202670920/en/

Investor Contact

Katherine McCracken

Head of Investor Relations

[email protected]

Press Contact

Eszter Szikora

Head of Public Relations

[email protected]

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February 2, 2026 9:05 am

Alcon Debuts Groundbreaking PRECISION7 in Canada, a One-Week Replacement Contact Lens to Start and End Every Week Fresh

Alcon Debuts Groundbreaking PRECISION7 in Canada, a One-Week Replacement Contact Lens to Start and End Every Week Fresh

PRECISION7, a new one-week replacement lens, provides 16 hours of outstanding comfort and precise vision even on day 7¹
Features world’s first ACTIV-FLO System specially designed for one-week optimal performance²
Now available in Canada, PRECISION7 broadens existing WaterInnovations portfolio, addressing the need for 16 hours of outstanding comfort and affordability when a daily disposable lens is not an option^1,3

TORONTO–(BUSINESS WIRE)–
Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today announced the Canadian launch of PRECISION7^®sphere and toric, the only one-week replacement contact lens with the revolutionary ACTIV-FLO^® System^2,5that provides 16 hours of outstanding comfort and precise vision, even on day 7.¹The lenses will be commercially available in Canada in February.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260202959725/en/

PRECISION7, a new one-week replacement lens, provides 16 hours of outstanding comfort and precise vision, even on day 7

While nearly nine out of ten Eye Care Professionals (ECPs) believe daily disposable lenses are better overall for their patients, more than half of new patients are still being fit in reusable lenses due to cost considerations.^3* Most optometrists agree that a one-week contact lens replacement schedule would be more intuitive for patients, as compared to a two-week replacement schedule.⁴ PRECISION7 offers a breakthrough in comfort performance and an easy to remember replacement schedule when daily disposables are not an option.^1,3-4*

“The launch of PRECISION7 reaffirms our commitment to improving the patient experience with impactful innovation,” said Vanessa Johari Hansen, Country Business Unit Head, Vision Care, at Alcon Canada. “Alcon is creating a new category and with PRECISION7, patients can experience the world’s first contact lens with ACTIV-FLO System that continuously moisturizes the lens surface for 7 days,² offering 16 hours of outstanding comfort and precise vision¹ with an intuitive replacement schedule.”⁴

The groundbreaking innovation of the ACTIV-FLO System in PRECISION7 is a unique combination of a water-loving moisturizing agent embedded in the lens matrix and a proprietary replenishing agent that is continually released to moisturize the surface for 7 days.^2,5

“Compliance is one of the biggest challenges we see in contact lens wear,” said Dr. Kenton Fredlund, Optometrist at FYidoctors. “Having an option like PRECISION7, that aligns naturally with how patients think about time and replacement can make a meaningful difference in their overall contact lens wearing experience.”

With PRECISION7, patients can pick their preferred day of the week to replace their contact lenses to start and end every week fresh™.^{The launch of PRECISION7 marks the newest addition to the Alcon WaterInnovations™ portfolio of contact lenses. PRECISION7 sphere and toric will be available in Canada beginning February 2, 2026. See product instructions for complete wear, care, and safety information. For more information, please visit https://www.myalcon.com/ca/professional/contact-lenses/weekly/precision7/ and https://www.myalcon.com/ca/professional/contact-lenses/weekly/precision7-for-astigmatism/.}

About Alcon

Alcon helps people see brilliantly. As the global leader in eye care with a heritage spanning over 75 years, we offer the broadest portfolio of products to enhance sight and improve people’s lives. Our Surgical and Vision Care products touch the lives of people in over 140 countries each year living with conditions like cataracts, glaucoma, retinal diseases and refractive errors. Our more than 25,000 associates are enhancing the quality of life through innovative products, partnerships with Eye Care Professionals and programs that advance access to quality eye care. Learn more at https://www.alcon.ca.

About WaterInnovations^TM Contact Lenses

The Alcon WaterInnovations portfolio of contact lenses harnesses the power of water for 1 day, 1 week, 1 month to deliver comfort for how we use our eyes today^1,7-9, helping to outsmart Digital Device Dryness and many other challenges today’s patients face. PRECISION7 is the latest contact lens in Alcon’s WaterInnovations contact lens portfolio, joining additional proprietary lenses DAILIES TOTAL1^®, PRECISION1^®, and TOTAL30^®.

References

In a 2-week prospective clinical study in the US; n=181; CLEAR CARE Cleaning & Disinfecting Solution used for cleaning and disinfection; Alcon data on file, 2023.
Zheng Y, Dou J, Wang Y, et al. Sustained release of a polymeric wetting agent from a silicone-hydrogel contact lens material. ACS Omega. 2022;7(33):29223-29230. doi: 10.1021/acsomega.2c03310.
Alcon data on file, 2022.
Based on a survey of 500 US optometrists who fit contact lenses; Alcon data on file, 2023.
Phan CM, Chan VWY, Drolle E, et al. Evaluating the in vitro wettability and coefficient of friction of a novel and contemporary reusable silicone hydrogel contact lens materials using an in vitro blink model. Cont Lens Anterior Eye. 2024.
In a survey of 500 eye care practitioners and 500 contact lens wearers in the US; Alcon data on file, 2023.
Fogt J, Patton K. Long day wear experience with water surface daily disposable contact lenses. ClinOptom. 2022(14):93-99.
Perez-Gomez I, Giles T. European survey of contact lens wearers and eye care professionals on satisfaction with a new water gradient daily disposable contact lens. ClinOptom. 2014;6:17-23.
In a clinical study wherein patients (n=66) used CLEAR CARE solution for nightly cleaning, disinfecting, and storing; Alcon data on file, 2021.

^{*Based on agreement with the statement “I believe daily disposable lenses are better for my patients overall.”}

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PRECISION7, a new one-week replacement lens, provides 16 hours of outstanding comfort and precise vision, even on day 7

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February 2, 2026 9:05 am

Angry Orchard’s Ex‑Change Program Lets You Trade Your Ex’s Leftover Junk for Hard Cider This Valentine’s Day

The nation’s leading hard cider brand[1] is transforming your breakup baggage into your next case of cider.

WALDEN, NY, Feb. 02, 2026 (GLOBE NEWSWIRE) — Breakups come with more than just emotions. They leave you stuck with your ex’s abandoned junk and the irritation that follows. This Valentine’s Day, Angry Orchard Hard Cider is helping the heartbroken transform their ex’s abandoned belongings into something they actually want: hard cider. Through the Angry Orchard Ex-Change program, drinkers can ship their ex’s old junk to the Angry Orchard Cider House in exchange for cash toward a fresh case of cider.[2] Consider it the ultimate trade up.

If your ex left their stuff at your place months ago – maybe even years ago – and never came back for it, it’s time for an upgrade. Starting Feb. 2, fans can visit angryorchardexchange.com to register for a free Angry Orchard Ex-Change Kit, complete with packaging materials and a prepaid shipping label. Box up those annoying reminders – the forgotten hoodie, dusty vinyl, or that hideous poster that never matched anything in your place anyway – and send it all to the Angry Orchard Cider House.

Once Angry Orchard receives your ex’s abandoned stuff, the team will send you cash to put toward a case of cider. Your ex’s baggage becomes your fresh start and a fully stocked fridge. All items will be sorted and donated, so nothing goes to waste… except the relationship itself.

“Valentine’s Day has a way of stirring up plenty of frustrations, and at Angry Orchard, we love helping our drinkers find the fun in all of it,” said Matt Withington, senior director of marketing at Angry Orchard. “The Ex-Change program lets our fans turn their breakup baggage into something they actually want: a fridge stocked with cider.”

Life’s too short for bad relationships and drinks that don’t deserve you. With bold, refreshing flavor, Angry Orchard is the perfect companion for celebrating a fresh start. To register for the Angry Orchard Ex-Change program and finally reclaim your space (and peace of mind), visit angryorchardex-change.com.

About Angry Orchard

The leading cider across the country¹, Angry Orchard’s cider makers experiment with apple varieties near and far to continuously develop new cider styles and flavors. Crafted with real apples and the highest quality ingredients, Angry Orchard is balanced, refreshing, and full of flavor, with a wide variety of styles fit for all. At the home of Angry Orchard on a 60-acre apple orchard in New York’s Hudson Valley, the team of cider makers create small-batch experimentation with fruit grown right on-site while offering an experience for guests to sip cider amongst the trees. To learn more about Angry Orchard, visit AngryOrchard.com. Please drink responsibly.

[1]

Source: Circana Total US MULO + Conv L13 W/E 1/18/26

[2]

Terms and Conditions apply. Please see angryorchardex-change.com for rules. While supplies last. Void where prohibited.

Attachment

Angry Orchard’s Ex‑Change Program Lets You Trade Your Ex’s Leftover Junk for Hard Cider This Valentine’s Day

Rachel Kastil
Angry Orchard Hard Cider
[email protected]

February 2, 2026 9:05 am

Snowflake and OpenAI Forge $200 Million Partnership to Bring Enterprise-Ready AI to the World’s Most Trusted Data Platform

Snowflake and OpenAI Forge $200 Million Partnership to Bring Enterprise-Ready AI to the World’s Most Trusted Data Platform

Snowflake and OpenAI sign $200 million partnership agreement to deliver advanced AI model capabilities to enterprise customers through co-innovation and joint go-to-market efforts
Global customers such as Canva and WHOOP will leverage OpenAI industry-leading models in Snowflake to deploy context-aware AI apps and agents across their businesses
Under the partnership, OpenAI is one of the primary model capabilities in Snowflake’s platform
Snowflake and OpenAI’s multi-year partnership will accelerate agentic AI adoption across the world’s largest enterprises

No-Headquarters/BOZEMAN, Mont.–(BUSINESS WIRE)–Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced a new collaboration with OpenAI that enables global enterprises to unlock greater value from their proprietary data with AI. This multi-year, $200 million partnership agreement cements Snowflake and OpenAI’s commitment to co-innovation and joint go-to-market (GTM) strategies aimed at deploying AI agents across global enterprises. Snowflake and OpenAI will work closely together to develop and deploy customized AI solutions for joint enterprise customers that deliver tangible return on investment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260202433753/en/

Snowflake and OpenAI advance secure, enterprise AI at scale

The direct, first-party partnership agreement also makes OpenAI models natively available to Snowflake’s 12,600 global customers within Snowflake Cortex AI across all three major clouds. This empowers global organizations like Canva and WHOOP to bring OpenAI models to their enterprise data for deep research and instant insights. OpenAI models like GPT-5.2 will be accessible within Snowflake Intelligence, the trusted enterprise intelligence agent that empowers every employee to securely access, analyze, and act on all their organization’s knowledge using natural language.

“By bringing OpenAI models to enterprise data, Snowflake enables organizations to build and deploy AI on top of their most valuable asset using the secure, governed platform they already trust,” said Sridhar Ramaswamy, CEO, Snowflake. “Customers can now harness all their enterprise knowledge in Snowflake together with the world-class intelligence of OpenAI models, enabling them to build AI agents that are powerful, responsible, and trustworthy. Together, we’re setting a new standard for AI innovation, helping businesses transform with confidence, while maintaining strong security and compliance standards.”

“Snowflake is a trusted platform that sits at the center of how enterprises manage and activate their most critical data,” said Fidji Simo, CEO of Applications at OpenAI. “This partnership brings our advanced models directly into that environment, making it easier to deploy AI agents and apps, so businesses can close the gap between what AI is capable of and the value they can create today.”

“As we scale our visual AI offering on Canva, both OpenAI and Snowflake have played key roles in how we rapidly empower our users with new creative tools,” said Helen Crossley, Head of Data Science, Canva. “As our platform continues to scale, Snowflake has been foundational to how we manage and activate data, and we’re excited to explore how leveraging OpenAI models in Snowflake Cortex AI can help us extend that foundation. The ability to bridge advanced AI models with our enterprise data allows us to move quickly and test new ideas, without compromising on security or performance.”

“Speed and precision in decision-making are critical for us as WHOOP continues to scale,” said Matt Luizzi, Senior Director of Business Analytics, WHOOP. “Rolling out Snowflake Intelligence to our employees and developing Cortex Agents has provided a secure and governed way for WHOOP to analyze data and make decisions. With OpenAI’s models available directly within Snowflake Cortex AI, we can further enhance those agents with advanced reasoning and analysis, all while maintaining strong security and governance. This partnership will help us continue to make AI a practical, everyday tool for the business.”

Snowflake and OpenAI Help Global Enterprises Deploy AI Agents

By bringing OpenAI models to Cortex AI, global enterprises can gain insights from all their data to deliver richer, more engaging AI agents. Key benefits of the partnership include:

Accelerate Joint Product Innovation: Snowflake and OpenAI teams will partner closely to bring new features that leverage OpenAI Apps SDK, AgentKit, and APIs that support shared enterprise workflows.
Build Custom, Interoperable AI Agents: Snowflake and OpenAI enable enterprises to build state-of-the-art AI agents that reason over governed data and take action across tools and apps. Powered by Cortex AI, these agents run directly on enterprise data, delivering secure, high-impact intelligence at scale.
Democratize Data and Insights with AI: Powered by OpenAI models like GPT-5.2, Snowflake Intelligence is an enterprise intelligence agent that gives every employee instant access to trusted insights. It enables business users to query, interpret, and draw meaning from all their structured and unstructured data with no code required, just natural language.
Enterprise-Ready Governance and Reliability: Snowflake provides built-in business continuity and disaster recovery with a 99.99% uptime service-level agreement, helping ensure that enterprises’ AI initiatives don’t get disrupted by outages or disasters. Users can reliably and securely tap into the power of OpenAI models alongside their most valuable proprietary data in Snowflake, all while benefiting from the governance and responsible AI controls that Snowflake Horizon Catalog provides.
Gain Deep Insights with Multimodal AI: With Snowflake Cortex AI Functions, users can tap into the latest OpenAI models to analyze every kind of data. From rows and columns to text, images, and audio, teams can explore it all seamlessly using SQL, the familiar language of data they already trust.

Snowflake and OpenAI Deepen Collaboration to Advance Responsible AI and Workforce Productivity

This partnership builds on the companies’ existing collaboration, with OpenAI leveraging Snowflake as a secure, scalable data platform for experiment tracking, analytics, and testing.

In turn, Snowflake leverages OpenAI’s ChatGPT Enterprise product internally, empowering employees to harness AI in their day-to-day work and accelerate productivity. As a result, employees can make decisions faster, streamline workflows, and drive stronger cross-functional collaboration through AI-powered insights.

Learn More:

Get started with OpenAI and Snowflake in this quickstart.
Check out the latest Snowflake innovations and announcements on Snowflake’s Newsroom.
Stay on top of the latest news and announcements from Snowflake on LinkedIn and X.

Forward Looking Statements

This press release contains express and implied forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding (i) Snowflake’s business strategy, plans, opportunities, or priorities (ii) the release, adoption, and use of Snowflake’s new or enhanced products, services, and technology offerings, including those that are under development or not generally available, (iii) market growth, trends, and competitive considerations, (iv) Snowflake’s vision, strategy, and expected benefits relating to artificial intelligence and other emerging product areas, including the expected benefits and network effects of the AI Data Cloud, and (v) the integration, interoperability, and availability of Snowflake’s products, services, and technology offerings with and on third-party platforms. Other than statements of historical fact, all statements contained in this press release are forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described under the heading “Risk Factors” and elsewhere in the Quarterly Reports on Form 10-Q and the Annual Reports on Form 10-K that Snowflake files with the Securities and Exchange Commission. In light of these risks, uncertainties, and assumptions, actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. As a result, you should not rely on any forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date the statements are made and are based on information available to Snowflake at the time those statements are made and/or Snowflake management’s good faith belief as of that time with respect to future events. Except as required by law, Snowflake undertakes no obligation, and does not intend, to update these forward-looking statements to reflect events that occur or circumstances that exist after the date on which they were made.

© 2025 Snowflake Inc. All rights reserved. Snowflake, the Snowflake logo, and all other Snowflake product, feature and service names mentioned herein are registered trademarks or trademarks of Snowflake Inc. in the United States and other countries. All other brand names or logos mentioned or used herein are for identification purposes only and may be the trademarks of their respective holder(s). Snowflake may not be associated with, or be sponsored or endorsed by, any such holder(s).

About Snowflake

View source version on businesswire.com: https://www.businesswire.com/news/home/20260202433753/en/

Media Contacts:

Kaitlyn Hopkins

Senior Product PR Manager, Snowflake

[email protected]

KEYWORDS: United States North America Montana

INDUSTRY KEYWORDS: Data Management Security Apps/Applications Technology Audio/Video Software Artificial Intelligence

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Snowflake and OpenAI advance secure, enterprise AI at scale

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February 2, 2026 9:05 am

Cabot Corporation Completes Acquisition of Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation

BOSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) — Cabot Corporation (NYSE: CBT) today announced that it has successfully completed its acquisition of Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The transaction follows the announcement of a definitive agreement in August and the receipt of required regulatory approvals.

Cabot has long supplied Bridgestone with reinforcing carbon products, and this acquisition further strengthens the partnership between the two companies. In addition, this acquisition expands Cabot’s global manufacturing footprint and reinforces its position as a leading provider of reinforcing carbons. Strategically located near Cabot’s existing facility in Altamira, Mexico, MXCB not only enhances production capacity and operational flexibility but also offers the capability to manufacture a broader range of reinforcing carbon products. This flexibility enables Cabot to better support diverse customer needs and future growth opportunities.

“This acquisition represents a significant step forward in our strategy to grow in our core markets. By adding the MXCB facility to our global network, we are expanding our manufacturing capabilities, enhancing supply reliability for our customers, and positioning Cabot for long-term success,” said Sean Keohane, president and chief executive officer, Cabot Corporation. “We are excited to welcome the MXCB team to Cabot and look forward to building on our strong partnership with Bridgestone as we continue to deliver industry-leading reinforcing solutions around the world.”

ABOUT CABOT CORPORATION

Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of reinforcing carbons, specialty carbons, battery materials, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed metal oxides and aerogel. For more information on Cabot, please visit the company’s website at cabotcorp.com.

ABOUT BRIDGESTONE CORPORATION

Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in Tokyo, the company employs approximately 121,000 people globally and conducts business in more than 150 countries and territories worldwide.

Forward-Looking Statements

This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that may cause actual results to differ materially. For a discussion of these risks, see “Risk Factors” in Cabot’s Annual Report on Form 10-K.

Contact:	Emily Moran
	Corporate Communications
	[email protected]
	(617) 460-4517

	Robert Rist
	Investor Relations
	[email protected]
	(617) 342-6374

February 2, 2026 9:05 am

Fieldguide Raises $75M Series C from Goldman Sachs to Help Audit and Advisory Firms Grow with Agentic AI

The platform embeds agentic AI alongside human professionals to scale audit and advisory execution to increase quality, capacity, and deliver market-leading client experiences

SAN FRANCISCO, Feb. 02, 2026 (GLOBE NEWSWIRE) — Fieldguide, a leading agentic AI-native platform for audit and advisory, today announced a $75 million Series C led by Growth Equity at Goldman Sachs Alternatives, with participation from new investor, Geodesic, and existing investors Bessemer Venture Partners, 8VC, and Thomson Reuters. The financing brings Fieldguide’s total funding to $125 million and values the company at $700 million.

Audit and advisory firms are facing a structural capacity problem. Regulatory complexity and client expectations continue to increase, while the supply of qualified professionals declines. CPA exam candidates are at a 17-year low and as many as 75% of today’s CPAs are expected to retire over the next decade. Experts estimate an existing ~125 million hour capacity shortfall, equivalent to over $25 billion in unmet demand, with the gap projected to reach ~600 million hours and more than $230 billion annually by 2030. Closing this gap requires a new execution model, one where human professionals collaborate with agentic AI to modernize workflows and increase practitioner capacity without compromising on quality or compliance.

Fieldguide represents the next evolution of how audit and advisory work is performed, with an end-to-end, AI-native platform that embeds agentic AI directly into engagement execution. Fieldguide’s AI agents operate as part of the engagement team, executing high-volume, repeatable, and data-intensive work across the full lifecycle of an audit or advisory engagement. This frees capacity and allows practitioners to spend more of their time on judgment, client relationships, and the strategic advisory work that defines their professional expertise.

“The future of audit and advisory depends on how effectively firms combine human judgment with AI-driven execution,” said Harris Pollack, Vice President with Growth Equity at Goldman Sachs Alternatives. “Fieldguide embeds AI and agentic workflows directly into how engagements are delivered – helping firms move faster while maintaining the standards that the profession depends on. This establishes a new foundation for how the audit and advisory industry will operate.”

Fieldguide is already used by half of the Top 100 U.S. accounting firms, including members of the Big Four, and serves as a leading agentic AI platform for firms positioning themselves as leaders in the next era of audit and advisory.

“KPMG is professionalizing agents to simplify data collection and accelerate execution–empowering our professionals to deliver next-generation quality,” said Brian Fields, Enterprise Innovation Leader at KPMG. “Our relationship with Fieldguide reflects our commitment to a future where our people work alongside agents to deliver trusted insights and a differentiated client experience.”

“We’re extremely pleased with our decision to partner with Fieldguide,” said Mark Hinsen, Partner-in-Charge of Audit and Assurance at Anders CPA. “Fieldguide made the onboarding process easy and straightforward, and we believe their AI agents will play an important role in improving efficiency across our financial audits. This should translate into better use of our people’s time, allowing auditors to focus more on judgment, review, and client relationships instead of manual execution.”

Fieldguide is purpose-built for regulated environments, with governance, traceability, and clear human oversight built into every engagement. By combining agentic execution with practitioner accountability, Fieldguide is closing the talent gap and extending practitioner capacity that allows firms to deliver trusted outcomes at scale.

“We built Fieldguide to support the people doing this work, and to solve a structural problem in the profession,” said Jin Chang, Co-Founder and CEO of Fieldguide and former CPA. “This funding allows us to scale a proven model where agentic AI and human experts work together to increase capacity, elevate quality, and build a more sustainable future for audit and advisory.”

About Fieldguide

Fieldguide is a leading AI-native platform transforming how audit, advisory, and assurance work gets done. Purpose-built for regulated environments, Fieldguide brings professionals and agentic AI together to modernize engagement delivery from planning through close, enabling audit and advisory practitioners to deliver higher-quality work, strengthen client experiences, and unlock growth for the decade ahead.

Fieldguide is trusted by leading firms including KPMG, RSM US LLP, Baker Tilly, CBIZ, BDO, Grant Thornton, Forvis Mazars, CLA (CliftonLarsonAllen), CohnReznick, Wipfli LLP, Carr Riggs & Ingram, Cherry Bekaert, Aprio LLP, UHY Advisors Inc., Weaver, LBMC, Elliott Davis, Frazier & Deeter, Cohen & Co, BerryDunn, Schellman, and Warren Averett, among others. Fieldguide is also the recipient of the Accounting Today Top New Products Award as well as a five time winner of the CPA Practice Advisor Technology Innovation Award.

Fieldguide is headquartered in San Francisco and backed by Growth Equity at Goldman Sachs Alternatives, Bessemer Venture Partners, 8VC, Thomson Reuters, and other leading investors. Learn more at fieldguide.io.

About Growth Equity at Goldman Sachs Alternatives

Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.

The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world’s leading institutions, financial advisors, and individuals. Goldman Sachs has approximately $3.6 trillion in assets under supervision globally as of December 31, 2025.

Since 2003, Growth Equity at Goldman Sachs Alternatives has invested over $13 billion in companies led by visionary founders and CEOs. The team focuses on investments in growth-stage and technology-driven companies spanning multiple industries, including enterprise technology, financial technology, consumer and healthcare.

MEDIA CONTACTS

For Goldman Sachs:

Victoria Zarella
[email protected]

For Fieldguide:

Spencer Bandeen
[email protected]