Microsoft used Build 2026 in early June to position Microsoft Fabric as the enterprise data and context platform for AI agents, announcing Azure HorizonDB, GPU-accelerated Fabric Data Warehouse, and Fabric IQ integrations aimed squarely at Snowflake, Databricks, and the growing market for agent-ready business data. The company’s argument is not subtle: models are becoming interchangeable, but the data layer that tells agents what a company knows, permits, sells, owes, and forbids is still up...