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: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

13 Leading AI-Based Data Management Capability Providers

Institutions are facing huge operational burdens as they ingest huge volumes of data, demand real-time analytics and face stringent regulatory scrutiny. Consequently, the new data landscape is rendering traditional data management systems inadequate for the growing number of use cases to which data is being deployed. This has necessitated a shift towards modern data management...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London 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 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...