The emerging battle to build the best large-language model for artificial-intelligence business applications just ratcheted up a notch.
Snowflake on Wednesday launched Snowflake Arctic, a 480 billion parameter open-source, large-language model that the cloud-based data-warehousing firm contends is the best option for enterprise AI applications. The company said Arctic is “optimized for complex enterprise workloads”—there are no consumer-facing chatbot versions of Arctic, unlike OpenAI’s ChatGPT, Alphabet’s Gemini, or Meta…
The emerging battle to build the best large-language model for artificial-intelligence business applications just ratcheted up a notch.
on Wednesday launched Snowflake Arctic, a 480 billion parameter open-source, large-language model that the cloud-based data-warehousing firm contends is the best option for enterprise AI applications. The company said Arctic is “optimized for complex enterprise workloads”—there are no consumer-facing chatbot versions of Arctic, unlike OpenAI’s ChatGPT,
Alphabet
’s
Gemini, or
’ Meta AI, which is based on Meta’s Llama 3 model.
“This is a watershed moment for Snowflake, with our AI research team innovating at the forefront of AI,” Snowflake CEO Sridhar Ramaswamy said in a statement. “By delivering industry-leading intelligence and efficiency in a truly open way to the AI community, we are furthering the frontiers of what open-source AI can do.”
Snowflake said it trained Arctic in less than three months, with a budget of under $2 million, which it said was one-eighth the cost of similar models.
“This means Arctic is more capable than other open-source models trained with a similar compute budget,” the company said in a blog post. “More importantly, it excels at enterprise intelligence, even when compared to those trained with a significantly higher compute budget.”
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In the same post, Snowflake provided data that suggest Arctic provides competitive performance with other models, including DBRX, a recently introduced model from rival Databricks, Llama 3, and several versions of the open-source model Mixtral.
Snowflake shares on Wednesday were 1.1% higher at $152.85.
Write to Eric J. Savitz at eric.savitz@barrons.com
