The launch on Snowflake is a significant step for RelationalAI, which has raised $122 million in funding and is valued at $569 million. The company reports strong early demand, particularly in financial services, telecommunications, retail, and consumer packaged goods industries. With the integration, RelationalAI aims to help companies leverage AI on their structured data in the cloud, addressing a crucial gap in the enterprise AI stack.
Key takeaways:
- RelationalAI, an AI startup, has announced the general availability of its Knowledge Graph Coprocessor on the Snowflake Data Cloud, allowing customers to build knowledge graphs and use advanced AI and analytics capabilities without moving data out of their Snowflake environment.
- The RelationalAI Knowledge Graph Coprocessor is designed to apply AI directly to structured enterprise data in relational databases like Snowflake, contrasting with most AI approaches that focus on unstructured data.
- RelationalAI has seen strong early traction and “infinite demand” for its offering, especially in financial services, telecommunications, retail and consumer packaged goods industries.
- With its Snowflake integration, RelationalAI is well positioned to help companies harness the power of AI on the valuable structured data they already have in the cloud, addressing a critical missing piece in the enterprise AI stack.