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Snowflake Launches 'Arctic' AI with 480B Params, Cost Under $2M to Rival Tech Giants

Apr 24, 2024, 03:02 PM

Snowflake has introduced a new open-source large language model named Arctic, which is described as the most open, enterprise-grade model of its kind. Arctic, boasting 480 billion parameters, excels in tasks such as SQL generation and coding. It was developed at a cost of just under $2 million, significantly less than similar models like Llama. The model is fully licensed under Apache 2.0, ensuring open access to its weights, code, and data recipes. Snowflake's Arctic is designed to compete with major players in the AI space such as OpenAI, Google, and Meta, offering a blend of high performance and cost efficiency. Arctic features 17 billion active parameters, 128 experts, and was trained on 3.5 trillion tokens.

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Arctic AI exceeds 100,000 users by end of 2024?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

No • 50%

Yes • 50%

Public user metrics report from Snowflake or credible tech industry reports

Arctic AI reaching 10,000 users by end of 2024?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Yes • 50%

No • 50%

Snowflake's user metrics reports or credible tech industry analysis

Arctic AI revenue exceeds $10 million by April 2025?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Yes • 50%

No • 50%

Snowflake financial reports or credible financial news sources

Arctic AI surpasses GPT-4 in benchmark tests by October 2024?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

No • 50%

Yes • 50%

Independent AI benchmarks reports such as MLPerf or a recognized AI industry publication

Arctic AI surpasses GPT in benchmark by end of 2024?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Yes • 50%

No • 50%

Results from a recognized AI benchmarking platform or a reputable technology analysis firm

Arctic AI surpasses OpenAI in 2024 benchmarks?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Yes • 50%

No • 50%

Published benchmark results from a recognized AI research organization or direct comparison news article

Arctic AI surpassing OpenAI in performance by end of 2024?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

No • 50%

Yes • 50%

Publicly released benchmark reports or credible AI performance review articles

Major enterprise adoption of Arctic AI by 2025?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Yes • 50%

No • 50%

Press releases, official blogs or financial statements from enterprises

New version of Arctic AI released by end of 2024?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

No • 50%

Yes • 50%

Official press releases or announcements from Snowflake

Over 100 companies integrate Arctic AI by end of 2024?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

No • 50%

Yes • 50%

Company reports or tech industry analysis publications

Over 100 external contributions to Arctic AI by April 2025?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Yes • 50%

No • 50%

Snowflake Arctic GitHub repository or equivalent open-source platform tracking

Snowflake to upgrade Arctic AI by 2025?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

No • 50%

Yes • 50%

Official press release or news from Snowflake

First major tech collaborator with Snowflake on Arctic AI?

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Facebook • 25%

Google • 25%

Amazon • 25%

Microsoft • 25%

Press releases from the tech companies or major tech news outlets

First major tech company to enhance Arctic AI by 2025

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Google • 20%

Microsoft • 20%

Amazon • 20%

Meta • 20%

IBM • 20%

Official announcements from Snowflake or the tech companies

First major tech company to integrate Arctic AI by mid-2025

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Google • 20%

Microsoft • 20%

Amazon • 20%

Apple • 20%

Meta • 20%

Official collaborations or partnership announcements from Snowflake or the tech companies

Largest AI language model by parameter count by end of 2024

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Meta's Language Model • 25%

Arctic AI • 25%

GPT-4 by OpenAI • 25%

Google's Language Model • 25%

Public announcements from major AI companies and AI industry publications

Largest sector adopter of Arctic AI by end of 2024

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Healthcare • 25%

Finance • 25%

Technology • 25%

Education • 25%

Industry usage reports or market analysis from credible sources

Leading industry adopter of Arctic AI by end of 2024

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Education • 20%

Finance • 20%

Telecommunications • 20%

Automotive • 20%

Healthcare • 20%

Industry adoption reports or market analysis by end of 2024

Leading sector for Arctic AI integration by end of 2025

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Retail • 25%

Finance • 25%

Technology • 25%

Healthcare • 25%

Industry reports, Snowflake press releases, or market analysis documents

Major AI partnership announcement with Snowflake for Arctic AI by April 2025

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Meta • 25%

OpenAI • 25%

Google • 25%

None • 25%

Official press releases from Snowflake or the respective companies

Most improved coding language via Arctic AI by 2024

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Python • 25%

C# • 25%

Java • 25%

JavaScript • 25%

Developer surveys, GitHub repository statistics, or tech development blogs

Most utilized feature of Arctic AI by end of 2024

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

SQL generation • 33%

Coding • 33%

Language translation • 34%

Usage data reports released by Snowflake or independent tech analysis

Most widespread industry adoption of Arctic AI by April 2025

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Healthcare • 20%

Automotive • 20%

Finance • 20%

Education • 20%

Other • 20%

Industry reports and usage data from Snowflake or major tech analysts

Top programming language for Arctic AI contributions by end of 2024

Snowflake•Arctic•SQL•Llama•Apache•OpenAI•Google•Meta

Resolution / Starting Odds

Python • 25%

Java • 25%

JavaScript • 25%

C++ • 25%

GitHub or other open-source platform activity reports

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