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

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

 

  Snowflake Cortex AI delivers easy, efficient, and trusted enterprise AI to thousands of organizations — making it simple to create custom chat experiences, fine-tune best-in-class models, and expedite no-code AI development  

 

  Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2024 , new innovations and enhancements to Snowflake Cortex AI that unlock the next wave of enterprise AI for customers with easy, efficient, and trusted ways to create AI-powered applications. This includes new chat experiences, which empower organizations to develop chatbots within minutes so they can talk directly to their enterprise data and get the answers they need, faster. In addition, Snowflake is further democratizing how any user can customize AI for specific industry use cases through a new no-code interactive interface, access to industry-leading large language models (LLMs), and serverless fine-tunings. Snowflake is also accelerating the path for operationalizing models with an integrated experience for machine learning (ML) through    Snowflake ML , enabling developers to build, discover, and govern models and features across the ML lifecycle. Snowflake's unified platform for generative AI and ML allows every part of the business to extract more value from their data, while enabling full security, governance, and control to deliver responsible, trusted AI at scale.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240604216985/en/  

 
 Snowflake Cortex AI delivers easy, efficient, and trusted enterprise AI to thousands of organizations — making it simple to create custom chat experiences, fine-tune best-in-class models, and expedite no-code AI development (Graphic: Business Wire)

Snowflake Cortex AI delivers easy, efficient, and trusted enterprise AI to thousands of organizations — making it simple to create custom chat experiences, fine-tune best-in-class models, and expedite no-code AI development (Graphic: Business Wire)

 
 

"Snowflake is at the epicenter of enterprise AI, putting easy, efficient, and trusted AI in the hands of every user so they can solve their most complex business challenges, without compromising on security or governance," said Baris Gultekin, Head of AI, Snowflake. "Our latest advancements to Snowflake Cortex AI remove the barriers to entry so all organizations can harness AI to build powerful AI applications at scale and unlock unique differentiation with their enterprise data in the AI Data Cloud."

 

  Give Your Entire Enterprise the Power to Talk to Data Through New Chat Experiences  

 

LLM-powered chatbots are a powerful way for any user to ask questions from their enterprise data using natural language, unlocking the insights organizations need for critical decision-making with increased speed and efficiency. Snowflake is unveiling two new chat capabilities, Snowflake Cortex Analyst (public preview soon) and Snowflake Cortex Search (public preview soon), allowing users to develop these chatbots in a matter of minutes against their structured and unstructured data, without operational complexity. 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. In addition, Cortex Search harnesses state-of-the-art retrieval and ranking technology from Neeva ( acquired by Snowflake in May 2023) alongside Snowflake Arctic embed , so users can build applications against documents and other text-based datasets through enterprise-grade hybrid search — a combination of both vector and text — as a service.

 

"Data security and governance are of the utmost importance for Zoom when leveraging AI for our enterprise analytics. We rely on the Snowflake AI Data Cloud to support our internal business functions and develop customer insights as we continue to democratize AI across our organization," said Awinash Sinha, Corporate CIO, Zoom . "By combining the power of Snowflake Cortex AI and Streamlit, we've been able to quickly build apps leveraging pre-trained large language models in just a few days. This is empowering our teams to use AI to quickly and easily access helpful answers."

 

"Although businesses typically use dashboards to consume information from their data for strategic decision-making, this approach has some drawbacks including information overload, limited flexibility, and time-consuming development," said Mukesh Dubey, Product Owner Data Platform, CH NA, Bayer . "What if internal functional users could ask specific questions directly on their enterprise data and get responses back with basic visualizations? The core of this capability is high-quality responses to a natural language query on structured data, used in an operationally sustainable way. This is exactly what Snowlake Cortex Analyst enables for us. 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."

 

Data security is key to building production-grade AI applications and chat experiences, and then scaling them across enterprises. As a result, Snowflake is unveiling Snowflake Cortex Guard (generally available soon), which leverages Meta's Llama Guard, an LLM-based input-output safeguard that filters and flags harmful content across organizational data and assets, such as violence and hate, self-harm, or criminal activities. With Cortex Guard, Snowflake is further unlocking trusted AI for enterprises, helping customers ensure that available models are safe and usable.

 

  Snowflake Strengthens AI Experiences to Accelerate Productivity  

 

In addition to enabling the easy development of custom chat experiences, Snowflake is providing customers with pre-built AI-powered experiences, which are fueled by Snowflake's world-class models. With Document AI (generally available soon), users can easily extract content like invoice amounts or contract terms from documents using Snowflake's industry-leading multimodal LLM, Snowflake Arctic-TILT , which outperforms GPT-4 and secured a top score in the DocVQA benchmark test — the standard for visual document question answering. Organizations including Northern Trust harness Document AI to intelligently process documents at scale to lower operational overhead with higher efficiency. Snowflake is also advancing its breakthrough text-to-SQL assistant, Snowflake Copilot (generally available soon), which combines the strengths of Mistral Large with Snowflake's proprietary SQL generation model to accelerate productivity for every SQL user.

 

  Unlock No-Code AI Development with the New Snowflake AI & ML Studio  

 

Snowflake Cortex AI provides customers with a robust set of state-of-the-art models from leading providers including Google , Meta , Mistral AI , and Reka , in addition to Snowflake's top-tier open source LLM Snowflake Arctic , to accelerate AI development. Snowflake is further democratizing how any user can bring these powerful models to their enterprise data with the new Snowflake AI & ML Studio (private preview), a no-code interactive interface for teams to get started with AI development and productize their AI applications faster. In addition, users can easily test and evaluate these models to find the best and most cost-effective fit for their specific use cases, ultimately accelerating the path to production while optimizing operating costs.

 

To help organizations further enhance LLM performance and deliver more personalized experiences, Snowflake is introducing Cortex Fine-Tuning (now public preview), accessible through AI & ML Studio or a simple SQL function. This serverless customization is available for a subset of Meta and Mistral AI models. These fine-tuned models can then be easily used through a Cortex AI function, with access managed using Snowflake role-based access controls.

 

  Streamline Model and Feature Management with Unified, Governed MLOps Through Snowflake ML  

 

Once ML models and LLMs are developed, most organizations struggle with continuously operating them in production on evolving data sets. Snowflake ML brings MLOps capabilities to the AI Data Cloud, so teams can seamlessly discover, manage, and govern their features, models, and metadata across the entire ML lifecycle — from data pre-processing to model management. These centralized MLOps capabilities also integrate with the rest of Snowflake's platform, including Snowflake Notebooks and Snowpark ML for a simple end-to-end experience.

 

Snowflake's suite of MLOps capabilities include the Snowflake Model Registry (now generally available), which allows users to govern the access and use of all types of AI models so they can deliver more personalized experiences and cost-saving automations with trust and efficiency. In addition, Snowflake is announcing the Snowflake Feature Store (now public preview), an integrated solution for data scientists and ML engineers to create, store, manage, and serve consistent ML features for model training and inference, and ML Lineage (private preview), so teams can trace the usage of features, datasets, and models across the end-to-end ML lifecycle.

 

  Continued Innovation at Snowflake Summit 2024  

 

Snowflake also announced new innovations to its single, unified platform that provide thousands of organizations with increased flexibility and interoperability across their data; new tools that accelerate how developers build in the AI Data Cloud; a new collaboration with NVIDIA that customers and partners can harness to build customized AI data applications in Snowflake; the Polaris Catalog , a vendor-neutral, fully open catalog implementation for Apache Iceberg; and more at Snowflake Summit 2024 .

 

  Learn More:  

 
  • Read more about how AI and ML innovations enable users to talk to their data, security customize LLMs, and streamline model operations in this blog post .
  •  
  • Stay on top of the latest news and announcements from Snowflake on LinkedIn and Twitter / X .
  •  

  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).

 

  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 applications, and power their business with AI. The era of enterprise AI is here. Learn more at snowflake.com (NYSE: SNOW).

 

  

  

  Media Contacts:  
Kaitlyn Hopkins
Senior Product PR Lead, Snowflake
press@snowflake.com  

 

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

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 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 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 .

 
 

  1911 Gold - Logo (CNW Group/1911 Gold Corporation) 

 

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 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/17/c4423.html  

 
 

 

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Surface Metals to Present at the Emerging Growth Conference on June 18th, 2025 and Enters into Marketing Contract

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Surface Metals Inc. (CSE:SUR) (OTCQB: SURMF) (the "Company", or "Surface Metals") is pleased to announce that it has been invited to present at the Emerging Growth Conference on June 18th, 2025.

Surface Metals invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.

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1911 Gold Intersects up to 58.66 g/t Gold over 1.40 m on San Antonio West Zone at True North

1911 Gold Intersects up to 58.66 g/t Gold over 1.40 m on San Antonio West Zone at True North

 
 

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from twelve (12) drill holes for 3,208.0 metres ("m") from the ongoing surface drill program at the True North Gold Project. The True North project, including a permitted mill, camp, and tailings facility, is centrally located within the Company's 100%-owned Rice Lake Gold property in southeast Manitoba, Canada .

 

  Highlights:  

 

 

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