About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Snowflake and NVIDIA Expand Collaboration to Accelerate AI Productivity in Data Cloud

Subscribe to our newsletter

Snowflake and NVIDIA have expanded an existing collaboration by bringing together the full stack of the NVIDIA accelerated compute platform with Snowflake’s Data Cloud data foundation and secure AI. The result, a combination of computing power and infrastructure designed to accelerate AI productivity.

The expansion builds on Snowflake and NVIDIA’s previously announced NVIDIA NeMo integration and means Snowflake customers will soon be able to use NVIDIA NeMo Retriever directly on their proprietary data in the Data Cloud while maintaining data security, privacy, and governance through Snowflake’s built-in capabilities.

NeMo Retriever enhances performance and scalability of chatbot applications and can accelerate time to value for enterprises building AI applications with Snowflake Cortex, Snowflake’s managed large language model (LLM) and vector search service. The expanded collaboration will also include the availability of NVIDIA TensorRT software to deliver low latency and high throughput for deep learning inference applications to enhance LLM-based search capabilities.

“Enterprise data is the foundation for custom AI applications that can generate intelligence and reveal new insights,” says Jensen Huang, founder and CEO at NVIDIA. “Bringing NVIDIA accelerated computing and software to Snowflake’s data platform can turbocharge enterprise AI adoption by helping customers build, deploy and manage secure generative AI applications.”

Snowflake CEO Sridhar Ramaswamy concurs, saying: “Our partnership with NVIDIA is delivering a secure, scalable and easy-to-use platform for trusted enterprise data. We take the complexity out of AI, empowering users of all types, regardless of their technical expertise, to quickly and easily realise the benefits of AI.”

NVIDIA accelerated compute already powers several Snowflake AI products, including Snowpark Container Services, Snowflake Cortex LLM functions, Snowflake Copilot and Document AI.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

PE Deal Failures Highlight Importance of Private Data, Says JMAN Group

The critical importance of data to the private equity and alternatives markets sector is starkly underlined by an observation from Anush Newman, chief executive and co-founder of JMAN Group. “In the past 18 months, I know of at least 20 acquisition deals that have fallen through because the target companies didn’t have enough data to...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook – Third Edition

Need to know all the essentials about the regulations impacting data management? Welcome to the third edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today...