AWS claims 90% vector cost savings with S3 Vectors GA, calls it 'complementary' - analysts split on what it means for vector databases

Despite the aggressive cost claims and dramatic scale improvements, AWS is positioning S3 Vectors as a complementary storage tier rather than a direct replacement for specialized vector databases.
Computer Weekly

AWS adds vector functionality to S3 object storage

Amazon Web Services (AWS) has announced vector storage for its S3 cloud object storage – S3 Vectors – in a move it claims will reduce the cost of uploading, storing and querying vectorised data in AI ...
Mena FN

Storagechain LLC Announces Ambitious Plans To Develop Vector Storage For AI Solutions

(MENAFN- Zex PR Wire) California, US, 13th September 2024, ZEX PR WIRE , StorageChain LLC, a leader in decentralized storage networks, today announced its strategic initiative to expand into vector ...
Seeking Alpha

Elastic Introduces New Vector Storage Format DiskBBQ for More Efficient Vector Search

SAN FRANCISCO--(BUSINESS WIRE)-- Elastic (NYSE: ESTC), the Search AI Company, announced DiskBBQ, a new disk-friendly vector search algorithm in Elasticsearch that delivers more efficient vector search ...
dbta

Vector Databases Have Entered the Chat - How ChatGPT Is Fueling the Need for Specialized Vector Storage

It's no secret that ChatGPT, the artificial intelligence chatbot from OpenAI, has taken the world by storm and is reinventing how most of us complete everyday tasks. Now that OpenAI has open-sourced ...