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: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Data Transparency ‘Crisis’ Hampering Private Markets: Report

Private markets investors are dogged by a “data transparency crisis” that is exposing them to greater risk of compromising their fiduciary integrity and losing their competitive edge, according to a new report. In what the authors call a private markets paradox, the report by Rimes states that investors are beset by a lack of data...

EVENT

Eagle Alpha Alternative Data Conference, London, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Corporate Actions 2009 Edition

Rather than detracting attention away from corporate actions automation projects, the financial crisis appears to have accentuated the importance of the vital nature of this data. Financial institutions are more aware than ever before of the impact that inaccurate corporate actions data has on their bottom lines as a result of the increased focus on...