Neeva, which uses large language models to offer an AI-based search experience, is the latest company to be picked up in Snowflake's acquisition spree. Credit: IDG Cloud-based data warehouse company Snowflake on Wednesday said that it was acquiring Neeva, a startup based in Mountain View, California, for an undisclosed sum in an effort to add generative AI-based search to its Data Cloud platform. “Snowflake is acquiring Neeva, a search company founded to make search even more intelligent at scale. Neeva created a unique and transformative search experience that leverages generative AI and other innovations to allow users to query and discover data in new ways,” Snowflake co-founder Benoit Dageville said in a blog post. “Search is fundamental to how businesses interact with data, and the search experience is evolving rapidly with new conversational paradigms emerging in the way we ask questions and retrieve information, enabled by generative AI. The ability for teams to discover precisely the right data point, data asset, or data insight is critical to maximizing the value of data,” Dageville added. Snowflake has been on an acquisition spree lately, with the company acquiring LeapYear in February to boost its data clean room abilties. The LeapYear acquisition came just a month after Snowflake agreed to purchase artificial intelligence-based time series forecasting platform provider Myst AI, taking the company’s acquisition count to seven companies in three years. In August 2022 it bought AI-based document analysis platform Applica, based in Poland, to help enterprises handle unstructured data. Other acquisitions included Streamlit (March 2022), Polish custom software company Pragmatists (January 2022), Polish digital products development studio Polidea (February 2021), and Canadian data anonymization company CryptoNumerics (July 2020). Neeva, which has raised over $77 million in funding till date from firms such as Greylock and Sequoia, was founded in 2019 by Sridhar Ramaswamy and Vivek Raghunathan. Related content analysis Beyond the usual suspects: 5 fresh data science tools to try today The mid-month report includes quick tips for easier Python installation, a new VS Code-like IDE just for Python and R users, and five newer data science tools you won't want to miss. By Serdar Yegulalp Jul 12, 2024 2 mins Python Programming Languages Software Development analysis Generative AI won’t fix cloud migration You’ve probably heard how generative AI will solve all cloud migration problems. It’s not that simple. Generative AI could actually make it harder and more costly. By David Linthicum Jul 12, 2024 5 mins Generative AI Artificial Intelligence Cloud Computing news HR professionals trust AI recommendations HireVue survey finds 73% of HR professionals trust AI to make candidate recommendations, while 75% of workers are opposed to AI making hiring decisions. By Paul Krill Jul 11, 2024 3 mins Technology Industry Careers how-to Safety off: Programming in Rust with `unsafe` What does it mean to write unsafe code in Rust, and what can you do (and not do) with the 'unsafe' keyword? The facts may surprise you. By Serdar Yegulalp Jul 11, 2024 8 mins Rust Programming Languages Software Development Resources Videos