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San Jose, California – Snowflake Co., Ltd. . (NYSE:), known for its cloud-based data warehousing services, announced an expanded collaboration with his NVIDIA (NASDAQ:) to improve artificial intelligence (AI) productivity for enterprise customers.
The partnership leverages the power of NVIDIA's high-speed computing platform and Snowflake's secure data cloud to potentially streamline AI-driven business transformation across a variety of industries.
The expanded collaboration builds on the previously announced NVIDIA NeMo™ and Snowflake integration, allowing customers to leverage NVIDIA NeMo Retriever directly for their proprietary data in the data cloud. This integration is designed to maintain strict data security, privacy, and governance standards through Snowflake's built-in capabilities.
NVIDIA NeMo Retriever is expected to improve the performance and scalability of chatbot applications and accelerate value realization for the more than 400 companies currently developing AI applications on Snowflake Cortex. The service is Snowflake's managed large-scale language model (LLM) and vector search product, and some features are still in preview.
Additionally, the partnership will make available NVIDIA TensorRT™ software, which aims to deliver low latency and high throughput for deep learning inference applications and enhance LLM-based search capabilities.
Snowflake's AI products powered by NVIDIA accelerated computing include Snowpark Container Services and new products in preview.
- Snowflake Cortex LLM Functions: This service enables users with SQL expertise to leverage small-scale LLMs for tasks such as sentiment analysis, translation, and summarization. We also support the development of AI applications using models from various entities, such as Mistral AI and Meta (NASDAQ:).
- Snowflake Copilot: Generate everyday Snowflake coding tasks An LLM-powered assistant that powers AI and lets users interact with data in natural language.
- Document AI: This tool for enterprises uses LLM to extract content such as invoice amounts and contract terms from documents and fine-tune the results through a visual interface.
Snowflake and NVIDIA's partnership represents a continued effort to democratize AI technology for the enterprise, enabling a broader range of users to leverage AI to improve insights and efficiency. The companies expect this partnership to accelerate enterprise adoption of secure generative AI applications.
Advances in this collaboration may be further discussed at the 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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