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

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

New innovations including Snowflake Notebooks, Snowflake Trail, DevOps tools, and more accelerate end-to-end development for builders, all from Snowflake's unified platform

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2024 , new tools and innovations that accelerate how developers build enterprise-grade pipelines, models, and applications with their data. Snowflake is furthering its mission of eliminating complexity for customers with new developer tooling and native integrations that speed up development, while empowering them to efficiently ship more advanced products in the AI Data Cloud.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240604858708/en/

New innovations including Snowflake Notebooks, Snowflake Trail, DevOps tools, and more accelerate end-to-end development for builders, all from Snowflake's unified platform (Graphic: Business Wire)

New innovations including Snowflake Notebooks, Snowflake Trail, DevOps tools, and more accelerate end-to-end development for builders, all from Snowflake's unified platform (Graphic: Business Wire)

"Thousands of developers around the globe already rely on Snowflake as their go-to development platform. Our latest innovations continue to push the boundaries of what builders can create in the AI Data Cloud, bringing familiar, yet powerful experiences to their enterprise data where it already lives," said Jeff Hollan, Head of Applications and Developer Platform, Snowflake. "Developers can harness the full breadth of Snowflake's leading scale, performance, and governance to easily deliver large language model-powered applications that unlock value, ultimately putting AI in the hands of more users."

Harness Snowflake's Speed and Simplicity to Advance AI Development

Developers are regularly looking for ways to shorten the time from prototype to deployment, with Snowflake quickly becoming the platform for builders to create powerful data products. By harnessing the combination of Dynamic Tables and Snowpipe Streaming , users can unlock low-latency transformation pipelines to fuel AI and machine learning (ML) model development, all within the AI Data Cloud. Over 2,900 customers today are already running more than 200,000 Dynamic Tables 1 to build and manage production-grade data pipelines, and that number continues to grow.

Snowflake is now arming developers with even more ways to accelerate their AI development directly on their data in the AI Data Cloud with Snowflake Notebooks (now public preview) natively integrated with the full breadth of the Snowflake platform including Snowpark ML , Streamlit , and Snowflake Cortex AI . Snowflake Notebooks provides a single, easy-to-use development interface for Python, SQL, and Markdown. Developers can also leverage Snowflake Notebooks to experiment and iterate on their ML pipelines, harness AI-powered editing features, simplify data engineering workflows, and more to unlock increased productivity and collaborative development.

"With Snowflake Notebooks, we can easily integrate our experiment tracking with Weights & Biases directly within notebooks," said Lukas Biewald, Co-founder and CEO, Weights & Biases . "Centralized, secure access to Snowflake data and compute lets you run data engineering and analysis alongside ML modeling in a notebook-style format that's familiar, intuitive, and powerful. We're excited to see how our customers use it to run experiments faster."

Snowflake is also adding a Snowpark pandas API (now public preview), enabling Python developers to work with the same pandas syntax they know and love for even more advanced AI and pipeline development, while benefiting from Snowflake's performance, scale, and governance for execution.

Unlock Declarative Development with   New DevOps and Observability Capabilities

Snowflake is further delivering developer simplicity with a truly data-centric approach to DevOps, seamlessly integrating development, operations, and data management within a single platform. By defining the desired state of their data pipelines with infrastructure-as-code principles, rather than scripting complex workflows line by line, Snowflake is prioritizing a declarative approach to development with the new Database Change Managemen t (now public preview) feature. In addition, data engineers and developers can now use Snowflake's new Git integration (now public preview) to enhance development collaboration across teams and streamline deployments across different environments, leverage Snowflake's Python API (generally available soon) to efficiently manage resources, use the open source Snowflake CLI (generally available soon) as a single interface to manage CI/CD pipelines, and more.

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. Snowflake is providing built-in telemetry signals for Snowpark and Snowpark Container Services , enabling users to easily diagnose and debug errors using metrics, logs, and distributed tracing — without having to manually set up agents or transfer data. Additionally, Snowflake Trail is built with OpenTelemetry standards so developers can integrate with popular observability and alert platforms including Datadog , Grafana , Metaplane , PagerDuty , Slack , and more, in addition to working natively in Snowsight. Snowflake also partners with observability platforms such as Monte Carlo and Observe to provide end-to-end observability to customers.

Productize AI-Powered Apps, and Build Your Business Faster in the AI Data Cloud

According to a recent IDC survey 2 , AI Applications is currently the largest category of AI software, accounting for roughly one half of the market's overall revenue in 2023. To help businesses further build and deliver these sophisticated applications, Snowflake is announcing the Snowflake Native App Framework integration with Snowpark Container Services (now public preview on AWS). The integration enables organizations to extend the breadth and variety of applications they build in the AI Data Cloud using configurable GPU and CPU instances to fit a range of use cases spanning computer vision automation, geospatial data analysis, ML applications for enterprises, and more.

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. Many of the world's largest organizations rely on Snowflake Marketplace as their distribution platform for unlocking entirely new revenue streams, distributing their Snowflake Native Apps, and accelerating monetization and procurement of those apps. In addition, hundreds of startups are choosing to build their entire businesses on Snowflake, with a handful of providers including Maxa, My Data Outlet , and RelationalAI earning millions from their apps by distributing them on Snowflake Marketplace.

"Since releasing our Snowflake Native App built with Snowpark Container Services, we have seen a fivefold increase in customer interest and our sales process has become much more streamlined," says Molham Aref, Founder and CEO of RelationalAI . "What used to take several months with architecture, security, and procurement reviews, now takes mere days, and the ability to monetize our Snowflake Native App on Snowflake's platform through the Marketplace Capacity Drawdown program will further accelerate our customer engagements. Our partnership with Snowflake is providing incredible customer value and enables organizations like Cash App to gain important insights from their data in ways that were not possible before."

Continued Innovation at Snowflake Summit 2024

Snowflake also announced new advancements to Snowflake Cortex AI and Snowflake ML that unlock the next wave of enterprise AI for customers; new innovations to its single, unified platform that provide thousands of organizations with increased flexibility and interoperability across their data; 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 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 .
  • Stay on top of the latest news and announcements from Snowflake on LinkedIn and Twitter / X .

1. Seven day average as of April 30, 2024.
2. IDC report, Worldwide Artificial Intelligence Software Forecast, 2023–2027 (IDC #US50027023).
3. As of April 30, 2024.

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 Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North

1911 Gold Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling 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 ten (10) drill holes for 2,222.00 metres ("m") from the surface exploration drilling program currently in progress at the True North Project located on the Company's 100%-owned Rice Lake Gold property in Manitoba, Canada .

Highlights:

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1911 Gold Delivers on 2024 Objectives and Outlines 2025 Growth Strategy for True North

1911 Gold Delivers on 2024 Objectives and Outlines 2025 Growth Strategy for True North

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB) is pleased to provide an overview of the Company's key 2024 achievements and outline its aggressive 2025 growth strategy for its 100% owned True North gold project and the surrounding Rice Lake property in southeastern Manitoba, Canada .

2024 Highlights:

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1911 Gold Announces Grant of Deferred Share Units

1911 Gold Announces Grant of Deferred Share Units

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; OTCBB: AUMBF) announces that it has granted a total of 166,665 deferred share units ("DSUs") to four directors under the LTIP in respect of H2-2024 director fees. Each DSU entitles the holder to receive one share of the Company, or in certain circumstances a cash payment equal to the value of one share of the Company, at the time the holder ceases to be a director of the Company.

1911 Gold Logo (CNW Group/1911 Gold Corporation)

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 63,000 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 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

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1911 Gold Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate for the True North Gold Project

1911 Gold Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate for the True North Gold Project

1911 Gold Corporation ("1911 Gold" or the "Company") (TSX-V: AUMB) (OTC: AUMBF) is pleased to announce that following the release of an updated underground Mineral Resource Estimate ("MRE") for the True North Gold Project on November 20, 2024 the Company has filed the National Instrument 43-101 ("NI 43-101") Technical Report for the 100% owned project in southeastern Manitoba, Canada .

1911 Gold Logo (CNW Group/1911 Gold Corporation)

Highlights

  • Filing of Technical Report entitled "   NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada ", prepared by Lions Gate Geological Consulting Inc. ("LGGC") and 1911 Gold, dated December 23, 2024 , with an effective date of August 29, 2024
  • Underground MRE defined for the True North Gold Project is reported within mineral resource constraining envelopes using a 2.25 grams per tonne ("g/t") Gold ("Au") threshold. All blocks within the envelopes are reported and tabulate as:
    • Indicated Mineral Resource of 3,516,000 t @ 4.41 g/t Au containing 499,000 ounces ("oz") Au
    • Inferred Mineral Resource of 5,490,000 t @ 3.65 g/t Au containing 644,000 oz Au
  • The MRE highlights areas for resource expansion both down plunge and along strike to the modeled veins, and within areas of historic drilling, for potential resource expansion with additional drilling
  • Surface drill program ( 6,000 m ) underway on new target areas that include:
    • Gold mineralization intersected in historic drillholes along strike from the resource and within 400 m of surface
    • New targets identified during the re-interpretation and remodelling of gold mineralization that are proximal to   Au-bearing shear zones within favourable host rocks
  • Planning for 25,000 m of resource expansion and new target drilling is underway for 2025

Shaun Heinrichs , President and CEO of 1911 Gold, commented, "We are pleased to have completed the compilation and filing of the updated Mineral Resource Estimate Technical Report for the True North Gold Project. The new robust resource estimate forms the base of our plans moving forward both for the recommencement of production and the expansion and growth of resources at the True North Gold mine. We have a significant exploration drill program underway on a number of new targets and are moving to expand this program in 2025 with more resource expansion drilling".

The updated NI 43-101 report is available for review on both SEDAR+ ( www.sedarplus.ca ) and the Company's website ( www.1911gold.com ).

The updated True North MRE Technical Report was prepared by Susan Lomas , P.Geo, of LGGC, Bruce Davis , PhD, FAusIMM, and Michele Della Libera , P.Geo,, each of whom is considered a "Qualified Person" as defined in NI 43-101.

1911 Gold's press release dated November 20, 2024 (entitled " 1911 Gold Announces Mineral Resource Estimate Update for the True North Gold Project ") summarized the mineral resource estimate update in detail.

Future Plans

First phase surface drilling is currently underway on near surface areas outside of the resource where the new geological model has identified prospective new targets with significant mineralized intercepts from historical drilling. Initially three prioritized target areas have been identified and are the target of the current drill program (see Company's press release: " 1911 Gold Initiates Surface Drill Program on New Exploration Targets at the True North Gold Mine" , dated October 3, 2024 ). Drilling is continuing and results are due to be released in early 2025.

With the completion of the MRE, 1911 Gold has also identified areas of the resource model that are open and with additional drilling have the potential to expand the resources, in addition to new targets at depth in the deposit. The Company is currently compiling a drill plan of over 25,000 m of drilling for 2025 and has commenced work on a preliminary redevelopment plan, working closely with Éric Vinet, recently engaged as a key technical advisor, focusing on identifying suitable mining methods, expected costs, and overall economics supporting the restart strategy, to be covered in a new preliminary economic assessment study.

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice President Exploration of 1911 Gold, who is a "Qualified Person" as defined under NI 43-101.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling 63,276 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 , where it is reprocessing historic tailings on a seasonal basis. 1911 Gold believes its land package is a prime exploration opportunity, with 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 both organic growth opportunities 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

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 about exploration plans and the timing and results thereof, 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

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/02/c7302.html

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