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Snowflake shares edge higher on $200 million OpenAI collaboration
Shares of Snowflake (NYSE:SNOW) rose about 2% on Monday after the AI Data Cloud group announced a $200 million, multi-year partnership with OpenAI aimed at bringing advanced AI model capabilities directly to enterprise customers.
With boardrooms demanding results from AI spending, Snowflake is betting that friction-free tools on its data platform will help enterprises finally deliver value.
Snowflake combines its proprietary SQL generation model with the Mistral Large text generation model to create a text-to-SQL engine for Snowflake Copilot. The development of Copilot benefits from Snowflake's deep understanding of SQL complexities, the ...
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More MLOps platform Comet today announced a strategic partnership with Snowflake aimed at empowering data scientists to build ...