Snowflake: Data strategy essential for AI

The cloud data platform provider continues to make investments in data quality and cleansing. 

During this latest earnings call season, many banks, exchanges, and financial services providers have touted their large language model (LLM) capabilities and their focus on generative AI. But having an AI strategy—and that includes a generative AI strategy—cannot work without a data strategy. 

While there is huge potential for institutions to leverage generative AI and LLMs, setting the data foundations to enable firms to execute their AI strategies is more important, Frank Slootman, chairman

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The IMD Wrap: Taking stock of inventory management

With market data and associated costs typically representing a firm’s third-largest expense, there’s a lot of incentive to manage data and its usage more efficiently. Max flings open his fridge to illustrate what’s new in this space.

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