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

Implementing Technology Business Management with Pace and Precision

By Simon Mendoza, Chief Technology Officer, Calero. Implementing a Technology Business Management (TBM) platform can feel like a major logistical challenge. Every organisation starts from a different place – different data maturity, internal priorities and levels of stakeholder engagement. But that doesn’t mean every implementation needs to be a blank slate. The fastest and most...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...