LTIMindtree and Snowflake strengthen joint commitment to enable enterprises to accelerate AI adoption journey

0
38
LTIMindtree and Snowflake strengthen joint commitment to enable enterprises to accelerate AI adoption journey
LTIMindtree and Snowflake strengthen joint commitment to enable enterprises to accelerate AI adoption journey

This integration combines Canvas.ai’s robust security and Snowflake’s industry-leading capabilities to transform production-ready applications.

This new integration further enhances LTIMindtree’s AI capabilities and unlocks unparalleled flexibility and accelerated development for our clients to harness the power of AI.

India, July 11, 2024: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced the launch of Canvas.ai, LTIMindtree’s cutting-edge enterprise-ready AI platform, on the Snowflake AI Data Cloud. This new integration further enhances LTIMindtree’s AI capabilities and unlocks unparalleled flexibility and accelerated development for our clients to harness the power of AI. By combining Canvas.ai’s customizability, scalability, and intuitive user interface with Snowflake’s top-tier capabilities, enterprises can swiftly transform their applications.

The collaboration brings together Canvas.ai’s capabilities of proactive governance and guardrails coupled with enterprise-grade models such as Snowflake Arctic LLMs. Canvas.ai’s FinOps features, including rate limiting, token budgeting, and reporting, enhance the usability and efficiency of the LLMs that Snowflake Cortex AI is bringing to the table with access to industry-leading LLMs like Mixtral, LLaMA 3, and Gemma. By leveraging Snowflake, Canvas.ai’s navigator applications accelerate the GenAI journey. These pre-built apps simplify AI deployment, enabling organizations to roll out solutions effortlessly.

Ashish Varerkar, Vice President & Head, Canvas AI, LTIMindtree, said, “LTIMindtree is thrilled to announce the launch of Canvas.ai on Snowflake. Leveraging foundations like Snowflake’s Cortex AI, along with supported LLMs and fine-tuning capabilities, we empower customers to select the right LLM models for their business use cases. Our core competencies include content moderation, outcome validation for LLM-based apps, and seamless orchestration of capabilities within organizations. With Canvas.ai, building LLM-based apps becomes remarkably easy for end users, harnessing the full potential of underlying capabilities.”

Rithesh Makkena, Global Partner SE Leader, Snowflake, said, “As Snowflake accelerates the AI journey for both our product and customers, we recognize a common concern: selecting the right model for specific business use cases. Canvas.ai helps address this challenge with customizable parameters, empowering users to make better-informed choices without incurring excessive costs. Beyond model selection, Canvas.ai helps ensure robust governance and security.”

Together, this collaboration will create a robust ecosystem for enterprise AI deployment and transform AI-driven ideas into production. Now, access Snowflake’s Cortex AI, Snowflake Arctic, and dedicated app gallery all within Canvas.ai.

Also readThe future of retail is all about tech-driven personalization and convenience, says Amit Kriplani, CTO at ace turtle

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter 

About us:

CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.

CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.