{"id":167924,"date":"2023-04-24T17:16:02","date_gmt":"2023-04-24T16:16:02","guid":{"rendered":"https:\/\/datascientest.com\/en\/?p=167924"},"modified":"2023-10-30T18:55:44","modified_gmt":"2023-10-30T17:55:44","slug":"50-million-raised-to-develop-the-next-vector-databases","status":"publish","type":"post","link":"https:\/\/datascientest.com\/en\/50-million-raised-to-develop-the-next-vector-databases","title":{"rendered":"50 million raised to develop the next vector databases"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"167924\" class=\"elementor elementor-167924\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61e955a e-flex e-con-boxed e-con\" data-id=\"61e955a\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b2b9a29 elementor-widget elementor-widget-heading\" data-id=\"b2b9a29\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">To answer the questions correctly they\u2019re asked, chatbots store data as vectors. This method allows artificial intelligence to understand the relationship between grouped information like the words dog and cat. To improve generative AI, Weaviate received $50 million to develop its vector database solution.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c532954 e-flex e-con-boxed e-con\" data-id=\"c532954\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8f41473 elementor-widget elementor-widget-heading\" data-id=\"8f41473\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What is Weaviate\u2019s solution?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-709646f elementor-widget elementor-widget-text-editor\" data-id=\"709646f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><a href=\"https:\/\/weaviate.io\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Weaviate<\/span><\/a><span style=\"font-weight: 400\"> is an <\/span><b>Amsterdam-based company<\/b><span style=\"font-weight: 400\"> producing <\/span><a href=\"https:\/\/datascientest.com\/en\/database-what-is-it\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">open source databases<\/span><\/a><span style=\"font-weight: 400\"> designed to store vectors for AI systems. A vector is <\/span><b>a mathematical structure<\/b><span style=\"font-weight: 400\"> that groups different types of information together.\u00a0<\/span><\/p><p><span style=\"font-weight: 400\">Vectors can include documents, word banks and other types of information. Thanks to this grouped information, algorithms are <\/span><b>better able to understand the relationship<\/b><span style=\"font-weight: 400\"> between different words such as dog, cat, human. In cybersecurity, people used this similarity technique <\/span><b>often<\/b><span style=\"font-weight: 400\"> to identify known malware drifts.\u00a0<\/span><\/p><p><span style=\"font-weight: 400\">Weaviate\u2019s solution allows <\/span><b>storing billions of vectors<\/b><span style=\"font-weight: 400\"> and <\/span><b>modulating them easily<\/b><span style=\"font-weight: 400\">. Besides the storage offered, the company lets its modulation software <\/span><b>be used<\/b><span style=\"font-weight: 400\"> by companies with specialized needs. Access to the company\u2019s databases is through a <\/span><b>GraphQL API<\/b><span style=\"font-weight: 400\"> and helps reduce data errors and optimize retrieval performance.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa460dd elementor-widget elementor-widget-image\" data-id=\"fa460dd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"711\" height=\"447\" src=\"https:\/\/datascientest.com\/en\/files\/2023\/04\/weaviate.png\" class=\"attachment-large size-large wp-image-167926\" alt=\"\" srcset=\"https:\/\/datascientest.com\/en\/files\/2023\/04\/weaviate.png 711w, https:\/\/datascientest.com\/en\/files\/2023\/04\/weaviate-300x189.png 300w\" sizes=\"(max-width: 711px) 100vw, 711px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-672339a e-flex e-con-boxed e-con\" data-id=\"672339a\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dd1d649 elementor-widget elementor-widget-heading\" data-id=\"dd1d649\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What will the $50 million be used for?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f89f968 elementor-widget elementor-widget-text-editor\" data-id=\"f89f968\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>Index Ventures<\/b><span style=\"font-weight: 400\">, a US-based venture capital firm specializing in technology investments, completed this round of funding. Also involved in this round of funding are Battery Ventures, NEA, Cortical Ventures, Zetta Ventures and ING Ventures. This Series B round brings Weaviat\u2019&#8217;s total funding to <\/span><b>$67.7 million<\/b><span style=\"font-weight: 400\">.<\/span><\/p><p><span style=\"font-weight: 400\">With this funding, the company announced its hiring of <\/span><a href=\"https:\/\/datascientest.com\/en\/how-to-become-a-data-engineer\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">new data science engineers<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><b>developing its product<\/b><span style=\"font-weight: 400\">. In a recent report, the company said <\/span><b>two million people<\/b><span style=\"font-weight: 400\"> have downloaded its database solution. Weaviate CEO, <\/span><b>Bob van Luijt,<\/b><span style=\"font-weight: 400\"> marks the capital as a boon in a rhythmic time for generative AI.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab0ddf1 elementor-widget elementor-widget-image\" data-id=\"ab0ddf1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/datascientest.com\/en\/files\/2023\/04\/pexels-burak-the-weekender-186461-1024x683.jpg\" class=\"attachment-large size-large wp-image-167925\" alt=\"\" srcset=\"https:\/\/datascientest.com\/en\/files\/2023\/04\/pexels-burak-the-weekender-186461-1024x683.jpg 1024w, https:\/\/datascientest.com\/en\/files\/2023\/04\/pexels-burak-the-weekender-186461-300x200.jpg 300w, https:\/\/datascientest.com\/en\/files\/2023\/04\/pexels-burak-the-weekender-186461-768x512.jpg 768w, https:\/\/datascientest.com\/en\/files\/2023\/04\/pexels-burak-the-weekender-186461-1536x1024.jpg 1536w, https:\/\/datascientest.com\/en\/files\/2023\/04\/pexels-burak-the-weekender-186461.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c46181 elementor-widget elementor-widget-text-editor\" data-id=\"9c46181\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">With the development of generative AI, new use cases and performance solutions are <\/span><b>also being created<\/b><span style=\"font-weight: 400\">. This drive for robotic authoring technology is forming <\/span><b>a tree of tools<\/b><span style=\"font-weight: 400\"> and ancillary software enjoying this boom. One tool that has been in the news a lot recently is <\/span><a href=\"https:\/\/datascientest.com\/en\/autogpt-discover-the-new-tool-that-makes-chatgpt-autonomous\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">AutoGPT, a software that can automate ChatGPT<\/span><\/a><span style=\"font-weight: 400\">. That&#8217;s why if you liked this article and if you&#8217;re considering a career in Data Science, don&#8217;t hesitate to discover <\/span><a href=\"https:\/\/datascientest.com\/en\/blog-en\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">our articles<\/span><\/a><span style=\"font-weight: 400\"> or <\/span><a href=\"https:\/\/datascientest.com\/en\/data-courses\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">our training offers<\/span><\/a><span style=\"font-weight: 400\"> on DataScientest.<\/span><\/p><p><i style=\"text-align: var(--text-align)\">Source: weaviate.io<\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9e091e1 e-flex e-con-boxed e-con\" data-id=\"9e091e1\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1bade37 elementor-align-center button-principal elementor-widget elementor-widget-button\" data-id=\"1bade37\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Discover our training courses<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>To answer the questions correctly they\u2019re asked, chatbots store data as vectors. This method allows artificial intelligence to understand the relationship between grouped information like the words dog and cat. To improve generative AI, Weaviate received $50 million to develop its vector database solution. What is Weaviate\u2019s solution? Weaviate is an Amsterdam-based company producing open [&hellip;]<\/p>\n","protected":false},"author":45,"featured_media":167927,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"content-type":"","inline_featured_image":false},"categories":[2417],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.7 (Yoast SEO v21.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>50 million raised to develop the next vector databases<\/title>\n<meta name=\"description\" content=\"To improve generative AI, Weaviate received $50 million to develop its vector database solution\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/datascientest.com\/en\/50-million-raised-to-develop-the-next-vector-databases\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"50 million raised to develop the next vector databases\" \/>\n<meta property=\"og:description\" content=\"To answer the questions correctly they\u2019re asked, chatbots store data as vectors. 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