Snowflake and NVIDIA Power Customized AI Applications for Customers and Partners

Bringing together the industry's leading AI-powered applications, models, and hardware so customers can deliver enterprise AI across their businesses with ease, efficiency, and trust

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.

This press release features multimedia. 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. This will enable organizations to seamlessly connect custom models to diverse business data and deliver highly accurate responses. In addition, Snowflake Arctic , the most open, enterprise-grade LLM, is now fully supported with NVIDIA TensorRT-LLM software, providing users with highly optimized performance. Arctic is also now available as an NVIDIA NIM inference microservice, allowing more developers to access Arctic's efficient intelligence.

As enterprises look for ways to further unlock the power of AI across their teams, there's an increasing need to apply data to drive customization. Through Snowflake's collaboration with NVIDIA, organizations can rapidly create bespoke, use-case specific AI solutions, enabling businesses across industries to realize the potential of enterprise AI.

"Pairing NVIDIA's full stack accelerated computing and software with Snowflake's state-of-the-art AI capabilities in Cortex AI is game-changing," said Sridhar Ramaswamy, CEO, Snowflake. "Together, we are unlocking a new era of AI where customers from every industry and every skill level can build custom AI applications on their enterprise data with ease, efficiency, and trust."

"Data is the essential raw material of the AI industrial revolution," said Jensen Huang, founder and CEO, NVIDIA. "Together, NVIDIA and Snowflake will help enterprises refine their proprietary business data and transform it into valuable generative AI."

Snowflake Cortex AI + NVIDIA AI Enterprise Software

Snowflake and NVIDIA are collaborating to integrate the key technologies of NVIDIA AI Enterprise software platform – such as NeMo Retriever – into Cortex AI, so business users can efficiently build and leverage bespoke AI-powered applications that maximize their AI investments.

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.
NVIDIA Triton Inference Server : Provides the ability to deploy, run, and scale AI inference for any application on any platform.

In addition, NVIDIA NIM inference microservices – a set of pre-built AI containers and part of NVIDIA AI Enterprise – can be deployed right within Snowflake as a native app powered by Snowpark Container Services . The app enables organizations to easily deploy a series of foundation models right within Snowflake.

Quantiphi, an AI-first digital engineering company, and 'Elite' tier partner with both Snowflake and NVIDIA, is one of the many AI providers building Snowflake Native Apps using Snowpark Container Services. These apps run within a customer's Snowflake account to help ensure data remains protected, while delivering faster time-to-value. Quantiphi's Native Apps, baioniq™ – a generative AI platform for boosting knowledge worker productivity and Dociphi – an AI-led intelligent document processing platform for the banking, financial services, and insurance industries, target specific business personas to accelerate their industry use cases and day-to-day operations. Both Dociphi and baioniq were developed using the NVIDIA NeMo framework and will be available on Snowflake Marketplace for users to deploy without leaving their Snowflake environment.

Expanded Support for Snowflake Arctic

The state-of-the-art Snowflake Arctic LLM, launched in April 2024 and trained on NVIDIA H100 Tensor Core GPUs , is available as an NVIDIA NIM so users can get started with Arctic in seconds. The Arctic NIM hosted by NVIDIA is live on the NVIDIA API catalog for developer access using free credits, and will be offered as a downloadable NIM, giving users even more choice to deploy the most open enterprise LLM available on their preferred infrastructure.

Earlier this year, Snowflake and NVIDIA announced an expansion of their initial collaboration to deliver a single, unified AI infrastructure and compute platform in the AI Data Cloud. Today's announcements represent key advancements in Snowflake's shared mission with NVIDIA to help customers succeed on their AI journeys.

Learn More:

Tune into the Snowflake Summit 2024 Keynote livestream to hear about the latest in AI, apps, and data collaboration and check out Snowflake Dev Day on June 6, 2024 to see the latest innovations in action.
Dig into how the world-renowned Snowflake AI Research team trained Snowflake Arctic in this blog .
See how organizations are bringing generative AI and LLMs to their enterprise data in this video .
Stay on top of the latest news and announcements from Snowflake on LinkedIn and Twitter / X .

About Snowflake

Snowflake makes enterprise AI easy, efficient, and trusted. Thousands of companies around the globe, including hundreds of the world's largest, use Snowflake's AI Data Cloud to share data, build AI and machine learning applications, and power their business. The era of enterprise AI is here. Learn more at snowflake.com (NYSE: SNOW).

Forward-Looking Statements

This press release contains express and implied forward-looking statements, including statements regarding (i) Snowflake's business strategy, (ii) Snowflake's products, services, and technology offerings, including those that are under development or not generally available, (iii) market growth, trends, and competitive considerations, and (iv) the integration, interoperability, and availability of Snowflake's products with and on third-party platforms. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described under the heading "Risk Factors" and elsewhere in the Quarterly Reports on Form 10-Q and the Annual Reports on Form 10-K that Snowflake files with the Securities and Exchange Commission. In light of these risks, uncertainties, and assumptions, actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. As a result, you should not rely on any forward-looking statements as predictions of future events.

© 2024 Snowflake Inc. All rights reserved. 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. All other brand names or logos mentioned or used herein are for identification purposes only and may be the trademarks of their respective holder(s). Snowflake may not be associated with, or be sponsored or endorsed by, any such holder(s).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240603571544/en/

Media Contacts
Tom Hannigan
Partner PR, Snowflake
press@snowflake.com

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SNOW

1911 Gold Announces C$11.5 Million "Bought Deal" Life Offering and Private Placement

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; FRA: 2KY) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (" Haywood "), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (together with Haywood, the " Underwriters "), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis: (i) 2,500,000 common shares of the Company (the " Non-FT Shares ") at a price of C$0.20 per Non-FT Share (the " Non-FT Issue Price "); (ii) 2,924,000 common shares which qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the " Tax Act ")) and qualify as "Canadian exploration expenses" and "flow through mining expenditures" as defined in the Tax Act and that are incurred in the province of Manitoba and qualify for the Manitoba Mineral Exploration Tax Credit (the " Tranche 1 CEE Shares ") at a price of C$0.342 per Tranche 1 CEE Share (the " Tranche 1 CEE Issue Price "); (iii) 26,042,000 common shares which qualify as "flow-through shares" (within the meaning of the Tax Act) and qualify as "Canadian exploration expenses" as defined in the Tax Act (the " Tranche 2 CEE Shares " and together with the Tranche 1 CEE Shares, the " CEE Offered Shares ") at a price of C$0.288 per Tranche 2 CEE Share (the " Tranche 2 CEE Issue Price "); and (iv) 10,163,000 common shares which qualify as "flow-through shares" (within the meaning of the Tax Act) and qualify as "accelerated Canadian development expenses" as defined in the Tax Act (the " CDE Offered Shares " and, together with the Non-FT Shares and CEE Offered Shares, the " Offered Shares ") at a price of C$0.246 per CDE Offered Share (the " CDE Issue Price ") for aggregate gross proceeds to the Company of C$11,500,202 (the " Underwritten Offering ").

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Surface Metals to Present at Fast Markets Lithium Supply and Battery Raw Materials Conference

Surface Metals Inc. (CSE:SUR) (OTCQB: SURMF) (the "Company", or "Surface Metals") is pleased to announce that the Company will be attending and presenting to industry at the 17th Annual Fast Markets Lithium Supply and Battery Raw Materials Conference June 23rd - 26th, 2025 in Las Vegas, Nevada.

The Fast Markets Lithium Supply and Battery Raw Materials Conference, a four day event, is the largest global forum for lithium and battery raw materials, with keynote speakers and attendees from around the world including top producers to end users as well as participants along the entire supply chain. Fast Markets is the most trusted cross-commodity price reporting agency (PRA) in the agriculture, forest products, metals and mining, and energy transition markets.

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1911 Gold Corporation Announces Staged Return of Personnel to Site

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that, following the easing of wildfire-related evacuation orders, the Company has initiated a staged return of employees and contractors to its True North site near Bissett, Manitoba .

Favourable weather conditions and the efforts of emergency crews have significantly reduced wildfire risk in the region. The Town of Bissett and the Company's True North site have remained safe throughout the evacuation period, with no damage to infrastructure. Site access routes have been cleared and deemed safe for travel, and camp facilities remained operational during the evacuation to support the firefighting efforts.

Personnel are returning to the site in a structured and phased manner, and full operations are expected to resume in the coming days. As part of its commitment to the safety and recovery of the region, 1911 Gold continues to provide housing to approximately 40 wildfire personnel who remain active in the area.

"Thanks to the tireless efforts of emergency responders, we are now in a position to resume site activities safely," stated Shaun Heinrichs , President and CEO of 1911 Gold. "We are grateful that both the Town of Bissett and our facilities have remained unharmed, and we remain committed to supporting the firefighting efforts as the region recovers."

The Company plans to recommence exploration and development activities at the True North site, including preparations for an underground drill program that is expected to commence later this summer.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: 1911 Gold Corporation

SOURCE 1911 Gold Corporation

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Target Area (name)	Drill Hole (number)	From (m)	To (m)	Interval (m)	Au (g/t)
SAM West	TN-25-039	10.00	10.50	0.50	2.95
		64.40	65.30	0.90	2.86
SAM West	TN-25-041	21.30	22.20	0.90	2.59
SAM West	TN-25-056	103.10	105.40	2.30	9.59
	*Including*	103.10	104.90	1.80	11.25
	*Including*	103.10	103.60	0.50	21.30
SAM West	TN-25-057	145.00	146.40	1.40	58.66
	*Including*	145.00	145.90	0.90	63.20
	*and*	145.90	146.40	0.50	50.50
SAM West	TN-25-058	201.90	203.40	1.50	2.84
		237.60	238.10	0.50	3.62
		249.30	249.80	0.50	10.40
		275.90	276.40	0.50	3.65
SAM West	TN-25-060	237.20	237.80	0.60	3.97
		241.20	242.00	0.80	3.44


1)	Intercepts above a cut-off grade of 2.25 g/t Au
2)	Maximum of 2.50 m internal dilution and no top capping applied
3)	Intervals represent drill core length and are considered to represent 60% to 90% of true widths
4)	Full Significant Assay Results included in Table 2
5)	Drill hole Information included in Table 3

Table 2: True North; Select Drill Hole Assays
Target Area (name)		Drill Hole (number)	From (m)	To (m)	Interval (m)	Au* (g/t)
SAM West	TN-25-039		10.00	10.50	0.50	2.95
			18.00	20.60	2.60	0.93
			48.00	49.00	1.00	1.11
			64.40	65.30	0.90	2.86
SAM West	TN-25-041		9.00	10.00	1.00	0.87
			20.50	21.30	0.80	0.87
			21.30	22.20	0.90	2.59
			22.20	22.80	0.60	0.76
			28.40	29.30	0.90	2.07
Gate	TN-25-044		10.10	11.00	0.90	1.30
Gate	TN-25-046			No Significant Values
Gate	TN-25-047			No Significant Values
Gate	TN-25-049		89.90	90.80	0.90	0.57
Gate	TN-25-050			No Significant Values
SAM West	TN-25-056		100.70	102.30	1.60	1.42
			103.10	105.40	2.30	9.59
	*Including*		103.10	104.90	1.80	11.25
	*Including*		103.10	103.60	0.50	21.30
			106.80	112.40	5.60	1.09
SAM West	TN-25-057		136.60	140.80	4.20	0.63
			145.00	146.40	1.40	58.66
	*Including*		145.00	145.90	0.90	63.20
	*and*		145.90	146.40	0.50	50.50
			147.20	151.00	3.80	0.60
			187.30	187.80	0.50	0.95
			201.60	203.40	1.80	1.06
			210.50	211.50	1.00	0.93
			217.50	218.00	0.50	1.93
			303.40	304.10	0.70	1.08
SAM West	TN-25-058		97.10	97.80	0.70	1.46
			100.00	101.70	1.70	1.22
			115.70	116.20	0.50	1.01
			118.20	119.20	1.00	0.93
			198.00	199.40	1.40	0.79
			201.90	203.40	1.50	2.84
			214.90	215.60	0.70	2.06
			237.60	238.10	0.50	3.62
			247.30	248.30	1.00	1.06
			249.30	249.80	0.50	10.40
			275.90	276.40	0.50	3.65
SAM West	TN-25-059		339.70	340.80	1.10	2.07
SAM West	TN-25-060		215.20	216.30	1.10	1.87
			237.20	237.80	0.60	3.97
			240.20	241.20	1.00	1.13
			241.20	242.00	0.80	3.44
			252.30	254.50	2.20	0.57
			290.20	290.90	0.70	0.63
			313.30	314.80	1.50	1.12

Drill Hole (Number)	`Target (Name)	Northing* (m)	*Easting (m)**	Elevation (masl)	Azimuth (°)	Inclination (°)	Depth (m)
TN-25-039	SAM West	5655810	311885	251	197	-70	131
TN-25-041	SAM West	5655810	311885	251	230	-45	110
TN-25-044	Gate	5655940	312204	257	129	-56	176
TN-25-046	Gate	5655940	312204	257	106	-48	269
TN-25-047	Gate	5655940	312204	257	74	-59	372
TN-25-049	Gate	5655800	312446	250	89	-45	194
TN-25-050	Gate	5655800	312446	250	71	-52	269
TN-25-056	SAM West	5655890	311918	259	350	-71	302
TN-25-057	SAM West	5655890	311918	259	327	-57	320
TN-25-058	SAM West	5655895	311924	251	56	-72	299
TN-25-059	SAM West	5655933	311986	248	348	-73	377
TN-25-060	SAM West	5655935	311991	256	327	-65	389

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