Vector database startups like Pinecone have received term sheets from top-tier VCs, Insider has learned.These large rounds continue a trend of hype around startups in the buzzy generative AI ecosystem.Pinecone
They accomplish this through vector embeddings, or representations of unstructured data that describe them as numeric values in hundreds or thousands of different dimensions, allowing them to be more easily grouped together based on similarities. Because the vector database space is so intertwined with LLMs, it's benefitted greatly from recent hype around"The LLM tax is real," one VC said, referring to the high valuations for buzzy vector database startups like Chroma, Weaviate, and Pinecone.
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