Snowflake, a leading cloud data service provider has acquired Neeva for an undisclosed amount. According to reports, Snowflake has acquired Neeva in a bid to accelerate search in the data cloud with the help of generative AI.
Commenting on the development, Benoit Dageville, Snowflake President revealed that search is the basic fundamental for emerging businesses to interact with data. Moreover, the search experience is evolving rapidly with new conversational paradigms. The way we interact with the search and the rendering of search content has completely changed after the rapid evolution of generative AI.
Snowflake has acquired Neeva to create an intelligent search atmosphere. Neeva has created a unique and transformative search experience by leveraging generative AI. They also adopted new innovations to enable users to initiate queries and discover data in several new ways. The company is planning to infuse and leverage new search innovations across the Data Cloud for the ultimate benefit of customers, partners, and developers. Neeva has integrated cutting-edge search technologies to bring search and conversation in Snowflake to a new level.
Benoit added that they are joining brightest minds to work with the next-generation search. He also revealed that Neeva’s leadership team has successfully created products such as Google’s search advertising and YouTube monetization. Snowflake is excited with the latest acquisition in a bid to disrupt search in the Data Cloud.
