tl;dr
```html Snowflake (NYSE:SNOW) has launched its large language model called Snowflake Arctic aimed at enterprises. The open AI model, which the company calls as "enterprise-grade LLM" is optimized for complex enterprise workloads, topping several industry benchmarks across SQL code generation, instru...
```html Snowflake (NYSE:SNOW) has launched its large language model called Snowflake Arctic aimed at enterprises. The open AI model, which the company calls as "enterprise-grade LLM" is optimized for complex enterprise workloads, topping several industry benchmarks across SQL code generation, instruction following, and more, according to Snowflake. Snowflake noted that it would deliver the LLM model with an Apache 2.0 license that permits ungated personal, research, and commercial use. "This is a watershed moment for Snowflake, with our AI research team innovating at the forefront of AI," said Snowflake's CEO Sridhar Ramaswamy. For immediate use, Arctic is available for serverless inference in Snowflake Cortex, a managed service that offers machine learning and AI solutions in the Data Cloud. The model will also be available on Amazon's (AMZN), Amazon Web Services, Hugging Face, Lamini, Microsoft (MSFT) Azure, NVIDIA (NVDA) API catalog, Perplexity, Together AI, and more, the company noted. Snowflake said it is also providing code templates, alongside flexible inference and training options so users can quickly start with customizing Arctic using their preferred frameworks. These will include NVIDIA (NVDA) NIM with NVIDIA TensorRT-LLM, vLLM, and Hugging Face. Besides Arctic LLM, the Snowflake Arctic family of models also includes the recently announced Arctic embed, a family of text embedding models. The company noted that the family of five models are available on Hugging Face for immediate use and will be soon available as part of the Snowflake Cortex. Generative AI services have taken the world by storm since the launch of Microsoft-backed OpenAI's ChatGPT in 2022. Globally, companies have launched their own LLMs which can provide services such as content, image, video and voice generation, to name a few. Meta Platforms' (META) Emu Video, Emu Edit, AudioCraft, SeamlessM4T, and Llama 2, Alibaba's (BABA) Tongyi Qianwen 2.0 and Tongyi Wanxiang, Baidu's (BIDU) Ernie Bot, OpenAI's text-to-image tool DALL·E 3, Alphabet (GOOG) (GOOGL) unit Google's Gemini, Samsung's (OTCPK:SSNLF) Gauss, and Getty Images' (GETY) model called Generative AI by Getty Images, are some of the LLMs, among the many, that have been rolled out. ```
More about Snowflake Inc.
Snowflake Inc. Stock Analysis Stock Analysis: Snowflake Inc.
Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company is headquartered in San Mateo, California.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: $50.52 billion
Dividend Yield: 0%
EPS: -2.55
P/E Ratio: 8.56
Price/Sales Ratio: -0.298
Revenue: $2.806 billion
Stock Price: $219.71
52-Week Change: 0%
52-Week High: $0.315
More about Amazon.com Inc
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Industry: Trade & Services
Sector: Retail-Catalog & Mail-Order Houses
Market Cap: 1,867,700,765,000
P/E Ratio: 61.7
Dividend Yield: None
Beta: 2.91
EPS: 55.78
Price/Sales: 0.0529
Shares Outstanding: 574,784,995,000
Current Stock Price: 198.49
52-Week High: 50.69
52-Week Low: 0.139
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue. It was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: $302.84 billion
Current Price: $36.88
Change: $2.86
Change (%): 11.05%
52-Week Range: $30.61 - $433.88
PE Ratio (TTM): 0.363
EPS (TTM): $2.27
Dividend Yield: 0.332
Beta (5Y Monthly): 0.176
More about NVIDIA Corporation
NVIDIA Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.
Industry: MANUFACTURING, SEMICONDUCTORS & RELATED DEVICES
Market Cap: 206.06 Billion
Current Price: $68.97
Change: 0.16
Change (%): 0.23%
52 Week Range: $11.95 - $24.68
Price-Earnings Ratio: 0.488
Shares Outstanding: 609.22 Million
Public Float: 94.14 Million
Beta: 2.653
More about Meta Platforms Inc.
Meta Platforms Inc. Summary Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, PCs, virtual reality headsets, wearables, and home devices around the world. The company is headquartered in Menlo Park, California.
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: 1.258 trillion
Current Price: $33.34
Dividend Yield: 0%
PE Ratio: 14.88
52-Week Low: $52.41
52-Week High: $0.29
Volume: 134,901,998
Average Volume: 500,120
Beta: 2.002
EPS: $0.247
More about Alibaba Group Holding Ltd
Alibaba Group Holding Limited, a prominent Chinese multinational technology company, was founded in 1999 and is based in Hangzhou, Zhejiang. The company specializes in e-commerce, retail, Internet, and technology, offering consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals. Additionally, it provides electronic payment services, shopping search engines, and cloud computing services. Alibaba owns and operates a diverse portfolio of companies across various business sectors globally.
Stock Information:
- Trade & Services Sector
- Business Services Industry
- NEC
- Market Cap: 172.008 billion
- P/E Ratio: 12.99
- EPS: 6.87
- Beta: 5.44
- 52-Week High: 363.64
- 52-Week Low: 108.37
- Shares Outstanding: 927.493 million
- Dividend Yield: 0.684%
- Latest Quarterly Earnings Growth: 0.051
More about Baidu Inc
Baidu Inc Summary
Baidu, Inc. provides Internet search services primarily in China. The company is headquartered in Beijing, China.
Industry: TECHNOLOGY, SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: 34,491,896,000
Current Price: 12.91
Dividend Yield: None
Price/Earnings Ratio: 7.61
52-Week High: 383.61
52-Week Low: 0.151
Revenue: 134,598,001,000
EPS: 157.81
Volatility: -0.572
Beta: 0.057
More about Alphabet Inc Class C
Alphabet Inc. Class C Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Industry: Services-Computer Programming, Data Processing, etc.
Market Cap: $1.977 trillion
PE Ratio: 27.52
Dividend Yield: None
EPS: 5.81
52-Week High: $24.34
52-Week Low: $0.24
Volume: 307,393,987
Average Volume: 155.08
Beta (5Y Monthly): 0.56
Profit Margin: 0.135
More about Alphabet Inc Class A
Alphabet Inc. Stock Analysis Alphabet Inc. Stock Analysis Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Company Information
Sector: Technology
Services: Computer Programming, Data Processing, etc.
Stock Performance Data
Stock Symbol: Alphabet Inc Class A
Stock Price: $166.71
Change: 0.56
Percentage Change: 0.135%
Market Cap: $307,393,987,000
52-Week Low: $24.34
52-Week High: $27.33
More about Getty Images Holdings Inc.
Getty Images Holdings Inc. Technical Analysis Summary
Support Level: $79
Resistance Level: $79.05
RSI: 2.297 (Very Oversold)
Moving Averages: Strong Bearish Trend
Volume: 916,555,000 (High Volume)
Outlook: Bearish
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