Today: Microsoft's Jay Parikh explains how the company is rebuilding its software-development strategy around AI, Nvidia reassures investors that the AI party still has a bit more life, and the latest enterprise moves.
Parikh, executive vice president of Microsoft's CoreAI group, leads a relatively new organization that is overhauling the way Microsoft develops software — both internally and for external customers — around the new capabilities that large-language models have brought to the command line.
Today: Microsoft strikes a big deal with Anthropic and makes a bid to be the central hub for AI agents, Cloudflare takes out roughly half the internet, and the latest funding rounds in enterprise tech.
Snowflake CEO: Default multifactor authentication is coming soon
Snowflake will outline a plan to require all customers to use additional security protections "within the coming days" after a spate of high-profile security breaches involving customers that didn't take that step.
SAN FRANCISCO — After a week during which growing numbers of Snowflake customers reported data breaches after failing to use multifactor authentication to secure their accounts, CEO Sridhar Ramaswamy said Thursday that the company plans to require customers to use the additional protection in the near future.
"It's clear that we have to do something about this," Ramaswamy said in an interview with Runtime on the last day of the Snowflake Data Cloud Summit. Snowflake has been urging customers all week to turn on MFA security features for their accounts, "but I think making this programmatic is the next logical step we do need to take," he said.
Several high-profile Snowflake customers — including Ticketmaster parent company Live Nation and Santander, one of the largest banks in the world — have recently reported data breaches that security experts have linked to Snowflake accounts that lacked multifactor authentication. Techcrunch reported Wednesday that "hundreds" of login credentials stolen from Snowflake customers are available for sale in hacking forums, suggesting that this issue could become much more widespread in coming days.
Given that a lot of Snowflake customers use automated service accounts to run tasks, the problem is more complex than simply throwing a switch to require MFA in order to access data in Snowflake, Ramaswamy said. However, the company will outline a plan to address those accounts "in the coming days," he said.
Backed by statements from security companies Mandiant and Crowdstrike, Snowflake has insisted that the breach was not caused by any software vulnerability or security issue in its software. However, other cloud software companies require their customers to turn on the additional protections afforded by MFA; Microsoft will require Azure customers to use MFA starting in July, and GitHub mandated MFA use in January.
Tom Krazit has covered the technology industry for over 20 years, focused on enterprise technology during the rise of cloud computing over the last ten years at Gigaom, Structure and Protocol.
Today on Product Saturday: rivals Databricks and Snowflake roll out new tools that promise to help companies get their agents over the finish line and into production, and the quote of the week.
Today: another batch of earnings reports shows that enterprises are still investing heavily in the raw materials for generative AI, Microsoft takes a careful step away from its dependence on OpenAI's models, and the latest enterprise moves.
Today: dbt Labs' decision to go with a source-available license for its new Fusion product gets a vote of confidence from Snowflake, Windsurf faces a headwind, and the latest enterprise moves.
Today: Snowflake introduces new tools that promise to help companies find nuggets of insight in their corporate data, Thoma Bravo gears up for the coming wave of AI startup buyouts, and the latest funding rounds in enterprise tech.