Snowflake Acquires Neeva to Enhance Search Capabilities with Generative AI

 Cloud data platform provider Snowflake has acquired search startup Neeva with the aim of accelerating search capabilities in the Data Cloud through the use of generative AI. 

Neeva's Unique Search Experience Powered by Generative AI

Neeva has developed an innovative search experience that leverages generative AI and other advancements to enable users to query and discover data in new and improved ways. By integrating Neeva's technology, Snowflake plans to enhance search and conversation within its platform, offering a new level of search functionality.

Infusing Innovations Across the Data Cloud

Snowflake intends to integrate and leverage the innovative technologies developed by Neeva across its Data Cloud ecosystem. This move is expected to bring significant benefits to Snowflake's customers, partners, and developers. The acquisition allows Snowflake to tap into cutting-edge search technologies and enhance the overall search experience within its platform.

Excitement for the Future of Search in the Data Cloud

Benoit Dageville, co-founder and President of Products at Snowflake, expressed enthusiasm about the acquisition and its potential impact on search capabilities in the Data Cloud. The combination of Snowflake's powerful data platform and Neeva's advanced search technologies is poised to deliver an enhanced search experience to users.

Neeva's Vision for Generative AI in Search

In a separate blog post, Neeva Founders Sridhar Ramaswamy and Vivek Raghunathan shared their vision for integrating generative AI and large language models (LLMs) into their search stack. They highlighted Neeva's achievement as the first search engine to provide real-time AI answers to a majority of queries. The founders expressed pride in their accomplishments and outlined plans to explore applying their search and LLM expertise in enterprise settings.

Transition and Refunds for Neeva Premium Subscribers

As part of the acquisition, Neeva will be shutting down its consumer search product and in the coming weeks. Users with a paid subscription to Neeva Premium will receive a refund for the unused portion of their subscription. Neeva's focus will now shift towards leveraging their search and generative AI expertise in enterprise environments, offering solutions that meet the demands of enterprises today.