Vector databases arrived on the scene only a few years ago, but the technology has already helped power a new breed of search engines that are based on neural networks as opposed to keywords. Vector databases quickly became popular in the world of machine learning and AI and they will continue to play a significant role in the future development of AI technologies.
Pinecone is a vector database company that specializes in providing an efficient and scalable solution for high-performance vector search applications. The platform is designed to allow businesses and developers to build, deploy, and manage machine learning applications without the hassle of infrastructures.
Pinecone is providing customers around the globe with capabilities that have, up until recently, only been utilized by tech giants. Due to the increasing demand for efficient and scalable vector database solutions, Pinecone's 2024 "breakthrough" release is set for a promising future. It claims its release will lead to 50x cost reductions for companies, that will be able to bring state-of-the-art AI to the market at a faster rate. With the company creating a buzz for itself in 2023 off the back of significant funding and with various high profile partnerships (Robust Intelligence and Gathr) announced the following year, here's to hoping it can fulfil the expectations placed upon it.
Freddie
Company Specialist at Welcome to the Jungle
