Snowflake's latest innovations also include Secure Model Sharing for developing, distributing, and monetizing AI models on Snowflake Marketplace, and an Egress Cost Optimizer for controlling data distribution costs. The company also introduced Snowflake Native App Support for Secure Deployments and Snowflake Native App Compliance Badging for organizations with high security requirements. The new features aim to reduce risk while accelerating the production of AI and apps.
Key takeaways:
- Snowflake announced new innovations at its annual developer conference, BUILD 2024, that aim to make it easier and more secure for teams to find, evaluate, and share data, AI models, and apps internally, and with external partners and customers.
- The company's Internal Marketplace enables enterprises to discover and share data, apps, and fine-tuned large language models (LLMs) across teams and business units.
- Snowflake's Native App Framework Integration with Snowpark Container Services accelerates developers’ time-to-value for delivering sophisticated AI-powered apps.
- Enterprises can now develop, distribute, and monetize AI models to third-parties on Snowflake Marketplace with Secure Model Sharing.