Microsoft and cloud computing company Snowflake have expanded their partnership to bring generative artificial intelligence and machine learning to data cloud services.
California-based Snowflake said U.S. companies will implement programs to strengthen strategy and collaboration.
The partnership also sees Snowflake expand its efforts with Washington-based Microsoft to bring the potential of generative AI and machine learning, two of today’s most sought-after technologies, to data scientists and developers. included, the company said.
The integration into Microsoft’s Azure machine learning platform gives customers access to the latest frameworks and tools to accelerate production workflows, said Snowflake.
“Snowflake and Microsoft’s partnership is evolving and focused on improving collaboration in the field to help our customers enter the next wave of generative AI,” said Chris Degnan, Chief Revenue Officer at Snowflake. said Mr.
AI has long been used in enterprise operations, but it is gaining momentum with the advent of generative AI.
Created by Microsoft-developed OpenAI and popularized by ChatGPT, this technology can generate different types of data such as audio, code, images, text, simulations, 3D objects, and videos.
Investors have poured more than $4.2 billion into generative AI startups in 2021 and 2022 through 215 deals after a surge in interest in 2019, according to recent data from CB Insights.
According to Grand, the global cloud computing market will be valued at $368.97 billion in 2021, with emerging technologies such as artificial intelligence and machine learning being the main drivers, averaging about $16 million annually from 2022 to 2030. See studies projected to grow by %.
Microsoft’s efforts to push generative AI further into the mainstream have been with the Government of Dubai in the development of a new cloud technology project, the Dubai Digital Cloud, as the emirate looks to strengthen its technology infrastructure and accelerate the pace of its digital transformation. done after signing the contract.
The company expects its cloud services portfolio to add more than $39 billion and about 100,000 jobs to the UAE economy over the next four years, according to a study revealed in October. rice field.
“Through our expanded partnership, we will combine Snowflake’s data cloud expertise with Microsoft’s cloud technology and AI capabilities to build intelligent solutions for customers across industries to better manage, understand and govern their data. We look forward to helping you do that,” said Judson Alsoff, executive vice president and chief commercial officer. at Microsoft.
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The partnership between Snowflake and Microsoft will also help users leverage the latest AI innovations to build intelligent data products, the companies said.
Snowflake will continue to create a “seamless experience” for its customers through new and improved product integrations across complementary Microsoft products, the company said.
Updated: Jul 11, 2023, 10:23am
