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This is the last mile that we've been waiting for 40 years,' said Frank Slootman, Chairman and CEO of Snowflake. The partnership comes as chatbot ChatGPT has pushed many companies to find their AI strategies and has propelled Nvidia, which provides the main hardware for AI, to becoming a trillion dollar company. In this case, Nvidia is taking a 'fairly engineering intensive' move of embedding its NeMo platform for training and running generative AI models into the Snowflake Data Cloud, said Huang.

data that's so valuable to a company, then you move the compute to the data.' 'But when you have giant amounts of data like Snowflake does, and the pile of proprietary data. 'In the old days, in small data computing, you moved data to the computer,' Nvidia Chief Executive Jensen Huang told Reuters. The two companies announced the partnership at Snowflake Summit 2023 on Monday.

OAKLAND, California, June 26 (Reuters) - Snowflake (SNOW.N) a cloud data analytics company, is partnering with computing company Nvidia (NVDA.O) to allow customers ranging from financial institutions to healthcare and retail to build AI models using their own data.

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