NY-based Pinecone Systems, which offers vector data storage for LLMs, raised a $100M Series B led by a16z at a $750M valuation, up from $168M in February 2022 (Kwaku Gyasi/Bloomberg)

by #AI April 27, 2023 · Automatic

Kwaku Gyasi / Bloomberg:
NY-based Pinecone Systems, which offers vector data storage for LLMs, raised a $100M Series B led by a16z at a $750M valuation, up from $168M in February 2022 — Pinecone Systems Inc., a startup whose platform supports artificial intelligence software, has raised $100 million in a funding round that values the company at $750 million.