City
Epaper

LTIMindtree and Snowflake Strengthen Joint Commitment to Enable Enterprises to Accelerate AI Adoption Journey

By ANI | Updated: July 12, 2024 10:35 IST

BusinessWire IndiaWarren (New Jersey) [US]/ Mumbai (Maharashtra) [India], July 12: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology ...

Open in App

BusinessWire India

Warren (New Jersey) [US]/ Mumbai (Maharashtra) [India], July 12: 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, 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 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.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by BusinessWire India.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MumbaiFake BARC Scientist Case: Mumbai CIU Nabs Jharkhand Man for Forging Educational Certificates

TechnologyGovt announces Rashtriya Vigyan Puraskar honouring scientific achievements

NationalGovt announces Rashtriya Vigyan Puraskar honouring scientific achievements

AurangabadCar catches fire on Solapur–Dhule Highway

MumbaiKhar West Woman’s Mysterious Death: Husband and Five In-Laws Arrested on Dowry Death Charges

Business Realted Stories

BusinessTripura CM emphasises strengthening Kisan Rail, promoting agri-based branding

BusinessSeven electronics component projects worth Rs 5,532 crore approved under ECMS, Set to create more than 5 thousand new jobs

BusinessNo substance in Washington Post report on LIC investments, says Advocate HP Ranina

BusinessGadkari highlights investment potential in India's maritime sector

BusinessPiyush Goyal in Brussels: India, EU push mutually beneficial FTA negotiations