Announced

Snowflake to acquire TruEra.

Synopsis

Snowflake, a cloud data platform that provides a data warehouse-as-a-service designed for the cloud, agreed to acquire TruEra, a provider of AI quality management solutions that test, optimize, and monitor machine learning models. Financial terms were not disclosed. TruEra's technology helps evaluate the quality of inputs, outputs, and intermediate results of LLM apps. This expedites experiment evaluation for a wide variety of use cases, including question answering, summarization, retrieval-augmented generation-based applications (RAG apps), and agent-based applications. TruEra’s technology also provides detailed, actionable insights to improve ML model performance and accuracy by revealing anomalies in model metrics and providing a specific root cause analysis for rapid debugging.

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