Nvidia, Snowflake to help enterprises build customised AI apps
Nvidia and Snowflake have teamed up to offer enterprises a platform where they can create personalised generative artificial intelligence (AI) applications within the Snowflake Data Cloud, using their own proprietary data. The announcement was made today at the Snowflake Summit 2023.
By combining Nvidia's NeMo platform for large language models (LLMs) with its GPU-accelerated computing enterprises can effectively utilise the data stored in their Snowflake accounts to develop LLMs for advanced generative AI services like chatbots, search, and summarisation.
“Snowflake’s partnership with Nvidia will bring high-performance machine learning and artificial intelligence to our vast volumes of proprietary and structured enterprise data, a new frontier to bringing unprecedented insights, predictions, and prescriptions to the global world of business,” said Frank Slootman, chairman and CEO, Snowflake.
Jensen Huang, Founder and CEO, Nvidia, said, “Data is essential to creating generative AI applications that understand the complex operations and unique voice of every company. Together, Nvidia and Snowflake will create an AI factory that helps enterprises turn their own valuable data into custom generative AI models to power groundbreaking new applications — right from the cloud platform that they use to run their businesses.”
Nvidia's collaboration with Snowflake opens up possibilities for enterprises to leverage their proprietary data. This data can range from substantial amounts, spanning hundreds of terabytes to petabytes, encompassing valuable business information. By harnessing this data, enterprises can develop and refine customised large language models (LLMs) that cater specifically to their business needs. This allows for the creation of unique applications and services tailored to their specific industry.
The partnership emerges at a time when the success of the chatbot ChatGPT has driven companies to explore their AI strategies, propelling Nvidia, a provider of AI hardware, to achieve the status of a trillion-dollar company.