SNOW

YieldMax™ Launches Option Income Strategy ETF on Snowflake (SNOW)

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Mardi, juin 11, 2024
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The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward.

Key Points: 
  • The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward.
  • Such potential losses may not be offset by income received by the ETF.
  • Such potential losses may not be offset by income received by the ETF.
  • As of June 10, 2024, the YieldMax™ SNOW Option Income Strategy ETF did not hold any shares of Snowflake Inc. (SNOW).

Global Artificial Intelligence (AI) Infrastructure Anticipated to Reach Around $420 Billion By 2033

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Mercredi, juin 5, 2024
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A report from Precedence Research projected that the global artificial intelligence (AI) infrastructure market size was valued at USD 37.03 billion in 2023 and is anticipated to reach around USD 421.44 billion by 2033, growing at a CAGR of 27.53% from 2024 to 2033.

Key Points: 
  • A report from Precedence Research projected that the global artificial intelligence (AI) infrastructure market size was valued at USD 37.03 billion in 2023 and is anticipated to reach around USD 421.44 billion by 2033, growing at a CAGR of 27.53% from 2024 to 2033.
  • Precedence Research continued: “The increasing ubiquity of cloud computing offers resources that are both affordable and scalable for the implementation of artificial intelligence (AI) infrastructure.
  • The artificial intelligence (AI) infrastructure market is growing as a result of the advent of AI companies and a thriving ecosystem of developers, academics, and businesses.
  • North America held the largest share of the global Artificial intelligence (AI) infrastructure market.

Snowflake Doubles Down on Developers with End-to-End Capabilities for Building Enterprise-Grade Pipelines, Models, and AI-Powered Apps

Retrieved on: 
Mardi, juin 4, 2024
Data Management, Technology, Apps, Applications, Artificial Intelligence, Software, Cloud, Cortex, Nimbus EosXi, GPU, Multimedia, SQL, Apache Iceberg, Organization, Ben Goertzel, SNOW, CLI, AWS, PagerDuty, Language, Python, Markdown, AI, Machine learning, API, Observation, Partnership, Architecture, IDC, Love, Data management, CPU, DevOps, NVIDIA, Medical device

Snowflake is also unveiling Snowflake Trail, a rich set of observability capabilities that provide enhanced visibility into data quality, pipelines, and applications, empowering developers to monitor, troubleshoot, and optimize their workflows with ease.

Key Points: 
  • Snowflake is also unveiling Snowflake Trail, a rich set of observability capabilities that provide enhanced visibility into data quality, pipelines, and applications, empowering developers to monitor, troubleshoot, and optimize their workflows with ease.
  • Application developers can build their AI-powered Snowflake Native Apps once, and then deploy and distribute them across clouds and regions to thousands of Snowflake customers through Snowflake Marketplace , with over 160 total Snowflake Native Apps 3 already available today.
  • Read more about how developers are building data pipelines, applications, and ML models in this blog post .
  • Learn how Snowflake is expanding the types of applications that can be built, deployed, and distributed in the AI Data Cloud in this blog post .

Snowflake Furthers Leadership as the Best Data Foundation for Enterprises

Retrieved on: 
Mardi, juin 4, 2024
Software, Technology, Artificial Intelligence, Data Management, Cloud, Komodo, Cortex, Machine learning, Parquetry, Multimedia, Privacy, Table, Ecosystem, CIO, Organization, Ally Financial, Environment, Snowflake Inc., Department of Defence, JSON, Booking.com, Report, Security (finance), AI, BCAP, SPI, NVIDIA, IL4, Capital One, SNOW, Apache Iceberg, Medical device

With Iceberg Tables, organizations can work with their data on their terms, gaining increased flexibility and support over their open data to drive value.

Key Points: 
  • With Iceberg Tables, organizations can work with their data on their terms, gaining increased flexibility and support over their open data to drive value.
  • This includes an EU-only data boundary that keeps all customer data, alongside relevant service and usage data, within regional borders to provide European customers with stronger data residency and data sovereignty assurances to meet regional regulatory requirements.
  • Based on internal Snowflake data, query duration for customers’ stable workloads improved by 26% from August 25, 2022 to April 30, 2024.
  • Snowflake, the Snowflake logo, and all other Snowflake product, feature and service names mentioned herein are registered trademarks or trademarks of Snowflake Inc. in the United States and other countries.

Snowflake Brings Industry-Leading Enterprise AI to Even More Users with New Advancements to Snowflake Cortex AI and Snowflake ML

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Mardi, juin 4, 2024
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Cortex Analyst, built with Meta’s Llama 3 and Mistral Large models, allows businesses to securely build applications on top of their analytical data in Snowflake.

Key Points: 
  • Cortex Analyst, built with Meta’s Llama 3 and Mistral Large models, allows businesses to securely build applications on top of their analytical data in Snowflake.
  • What I’m most excited about is we're just getting started, and we're looking forward to unlocking more value with Snowflake Cortex AI."
  • With Cortex Guard, Snowflake is further unlocking trusted AI for enterprises, helping customers ensure that available models are safe and usable.
  • These fine-tuned models can then be easily used through a Cortex AI function, with access managed using Snowflake role-based access controls.

Snowflake and NVIDIA Power Customized AI Applications for Customers and Partners

Retrieved on: 
Mardi, juin 4, 2024
Data Management, Apps, Applications, Technology, Software, Networks, Artificial Intelligence, Internet, Cloud, Cortex, SNOW, Investment, NIM, API, Intelligence, LLM, Tune, Organization, NVIDIA, Deep learning super sampling, Elite, Customer, Microservices, Medical device

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 2024 a new collaboration with NVIDIA that customers and partners can harness to build customized AI data applications in Snowflake, powered by NVIDIA AI.

Key Points: 
  • Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 2024 a new collaboration with NVIDIA that customers and partners can harness to build customized AI data applications in Snowflake, powered by NVIDIA AI.
  • View the full release here: https://www.businesswire.com/news/home/20240603571544/en/
    Snowflake and NVIDIA Power Customized AI Applications for Customers and Partners (Graphic: Business Wire)
    With this latest collaboration, Snowflake has adopted NVIDIA AI Enterprise software to integrate NeMo Retriever microservices into Snowflake Cortex AI , Snowflake’s fully managed large language model (LLM) and vector search service.
  • NVIDIA AI Enterprise software capabilities to be offered in Cortex AI include:
    NVIDIA NeMo Retriever : Provides information retrieval with high accuracy and powerful performance for enterprises building retrieval-augmented generation-based AI applications within Cortex AI.
  • Today’s announcements represent key advancements in Snowflake’s shared mission with NVIDIA to help customers succeed on their AI journeys.

Snowflake Unveils Polaris Catalog and Emphasizes Commitment to Interoperability with AWS, Google Cloud, Microsoft Azure, Salesforce, and More

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Lundi, juin 3, 2024
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With Polaris Catalog, users now gain a single, centralized place for any engine to find and access an organization’s Iceberg tables with full, open interoperability.

Key Points: 
  • With Polaris Catalog, users now gain a single, centralized place for any engine to find and access an organization’s Iceberg tables with full, open interoperability.
  • Since Polaris Catalog’s backend implementation will be open source, organizations can freely swap the hosting infrastructure while eliminating vendor lock-in.
  • This comes on the heels of Snowflake and Microsoft’s recent partnership expansion , which creates more seamless interoperability between Snowflake and Fabric.
  • Snowflake also recently announced Snowflake Arctic , one of the most open, enterprise-grade large language models (LLM) on the market.

Cloud Infrastructure Service Market Expected to Reach $282 Billion By 2033

Retrieved on: 
Jeudi, mai 23, 2024
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A report from MarketResearch.Biz said that the cloud infrastructure service market was valued at USD 131.9 billion in 2023.

Key Points: 
  • A report from MarketResearch.Biz said that the cloud infrastructure service market was valued at USD 131.9 billion in 2023.
  • It is expected to reach USD $282.1 billion by 2033, with a CAGR of 8.11% during the forecast period from 2024 to 2033.
  • The report added: “The surge in demand for new cloud-based advanced technologies and the rise in data quantities are some of the main driving factors for the cloud infrastructure service market.” Cloud infrastructure plays an important role in cloud computing.
  • The virtualized resources are then developed by a cloud service provider in the case of a private cloud and made accessible to users all over the internet.

Snowflake Unveils the Future of Enterprise AI, Apps, and Data at Sixth-Annual Data Cloud Summit

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Mercredi, mai 8, 2024
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Snowflake (NYSE: SNOW), the Data Cloud company, will host its largest user-conference ever with Snowflake Data Cloud Summit 2024 , live in San Francisco from June 3-6, 2024.

Key Points: 
  • Snowflake (NYSE: SNOW), the Data Cloud company, will host its largest user-conference ever with Snowflake Data Cloud Summit 2024 , live in San Francisco from June 3-6, 2024.
  • Snowflake will also unveil its 2024 Data Drivers Awards winners at the event, which recognize Snowflake customers leading in their industries and reimagining what’s possible with the Data Cloud.
  • "Snowflake Data Cloud Summit 2024 marks an important moment in Snowflake history as we introduce a new wave of innovation that pushes the future of generative AI and application development forward," said Denise Persson, Chief Marketing Officer, Snowflake.
  • Get the latest on Data Cloud Summit 2024 speakers, sessions, and more leading up to the event with the official agenda .

How Businesses Are Adapting to the Rapid Expansion of Artificial Intelligence

Retrieved on: 
Jeudi, mai 2, 2024
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VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- USA News Group News Commentary – According to the International Monetary Fund (IMF), the integration of artificial intelligence (AI) will affect almost 40% of jobs around the world. While still early in the AI revolution, experts are stepping forward to help businesses across a wide variety of industries to embrace it. Analysts at Statista are projecting the Global AI Market will surpass $1.75 trillion by 2030. Now CIOs across multiple sectors are eager to scale their companies' AI despite current difficulty demonstrating ROI, according to a new survey. Helping to get companies swiftly, safely, and economically on board with AI are a wide variety of tech companies moving things forward with recent developments this past week, including: Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), NVIDIA Corporation (NASDAQ: NVDA), Snowflake Inc. (NYSE: SNOW), CrowdStrike Holdings, Inc. (NASDAQ: CRWD), and Baidu, Inc. (NASDAQ: BIDU).

Key Points: 
  • While still early in the AI revolution, experts are stepping forward to help businesses across a wide variety of industries to embrace it.
  • Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") today provided an update on new developments of Scope's artificial intelligence driven recognition technology called GEM (General Enterprise Machine Learning) system.
  • ●          Broad based one tool solution for businesses to develop their own artificial intelligence object  detection and visual information system.
  • Businesses of any size can easily onboard and start using the intuitive web-interface to build custom solutions for their respective businesses.