Snowflake Unites With NVIDIA To Aid Organizations Creating AI Models With Own Data
Portfolio Pulse from Lekha Gupta
Snowflake Inc is partnering with NVIDIA Corp to help businesses create customized generative AI applications using their proprietary data in the Snowflake Data Cloud. The integration of NVIDIA NeMo with Snowflake will enable enterprises to build custom LLMs for advanced AI services. Snowflake also recently expanded its partnership with Microsoft.
June 27, 2023 | 9:19 am
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NVIDIA partners with Snowflake to integrate NVIDIA NeMo with Snowflake, enabling businesses to create custom AI applications.
The partnership with Snowflake will allow NVIDIA to showcase its NeMo technology and expand its reach in the AI market. This collaboration is expected to drive growth for NVIDIA and positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Snowflake partners with NVIDIA to enable businesses to create custom AI applications using their data in the Snowflake Data Cloud.
The partnership with NVIDIA will help Snowflake expand its AI capabilities in the Data Cloud, enabling businesses to create custom AI applications. This collaboration is expected to attract more customers and drive growth for Snowflake, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Snowflake recently expanded its partnership with Microsoft, bringing generative AI models and machine learning capabilities to the data cloud.
Although Snowflake's expanded partnership with Microsoft is mentioned in the article, the main focus is on the collaboration with NVIDIA. The impact on Microsoft's stock price is likely to be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50