SAN JOSE, Calif. - Snowflake Inc . (NYSE: NYSE:SNOW), known for its cloud-based data warehousing services, has announced a deeper collaboration with NVIDIA (NASDAQ:NVDA) aimed at boosting artificial intelligence (AI) productivity for enterprise customers.
This partnership is expected to harness the capabilities of NVIDIA's accelerated computing platform alongside Snowflake's secure Data Cloud, potentially streamlining AI-driven business transformations across various industries.
The expanded collaboration builds on the previously announced integration of NVIDIA NeMo™ with Snowflake, allowing customers to directly utilize NVIDIA NeMo Retriever for their proprietary data within the Data Cloud. This integration is designed to maintain stringent data security, privacy, and governance standards through Snowflake's built-in features.
NVIDIA NeMo Retriever is anticipated to improve the performance and scalability of chatbot applications and accelerate the value realization for over 400 enterprises currently developing AI applications with Snowflake Cortex. This service is Snowflake's managed large language model (LLM) and vector search offering, which is still in its preview phase for some features.
Additionally, the partnership will make NVIDIA TensorRT™ software available, aiming to deliver low latency and high throughput for deep learning inference applications, thus enhancing LLM-based search capabilities.
Snowflake's AI products, powered by NVIDIA accelerated compute, include Snowpark Container Services and new offerings in preview stages:
- Snowflake Cortex LLM Functions: This service enables users with SQL expertise to utilize smaller LLMs for tasks like sentiment analysis, translation, and summarization. It also supports the development of AI applications using models from various entities, including Mistral AI and Meta (NASDAQ:META).
- Snowflake Copilot: An LLM-powered assistant that facilitates generative AI for routine Snowflake coding tasks, allowing users to interact with their data in natural language.
- Document AI: Aimed at enterprises, this tool uses LLMs to extract content from documents, such as invoice amounts or contractual terms, and fine-tune the results through a visual interface.
The partnership between Snowflake and NVIDIA signifies a continued effort to democratize AI technology for enterprise use, enabling a broader spectrum of users to leverage AI for insights and efficiency. The companies expect this collaboration to facilitate the adoption of secure generative AI applications by enterprises.
The advancements of this collaboration are likely to be discussed further at the upcoming Snowflake Data Cloud Summit, scheduled for June 3-6, 2024, in San Francisco.
This news article is based on a press release statement from Snowflake Inc.
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