Pinecone raises $100M as generative AI drives demand for vector database technology | allainews.com

April 27, 2023, 7:10 p.m. | Kyt Dotson

AI – SiliconANGLE siliconangle.com

New York City-based vector database company Pinecone Systems Inc. which enables long-term memory for large language model and generative artificial intelligence systems such as OpenAI LP’s GPT-4 said today that it has raised $100 million on a valuation of $750 million. Andreessen Horowitz led the Series B funding round, with participation from new investor ICONIQ […]

The post Pinecone raises $100M as generative AI drives demand for vector database technology appeared first on SiliconANGLE.

ai andreessen horowitz artificial artificial intelligence city database demand edo liberty funding generative generative-ai generative artificial intelligence gpt gpt-4 intelligence language language model large language model llm long-term memory new york city openai openai lp pinecone pinecone systems raises series series b systems technology the-latest valuation vector vector database

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