Official announcements from major cloud providers (AWS, Google Cloud, Azure) or TimescaleDB's official website and press releases

TimescaleDB Introduces pgvectorscale: 75% Cheaper, 28x Faster, Open-Source PostgreSQL Extension

Jun 11, 2024, 02:03 PM

TimescaleDB has introduced pgvectorscale, an open-source PostgreSQL extension that significantly enhances the performance and scalability of pgvector. This new extension makes PostgreSQL vector databases 75% cheaper and up to 28 times faster compared to Pinecone. The development is aimed at making vector search more efficient and cost-effective within PostgreSQL, where data is already stored. The 100% open-source nature of pgvectorscale ensures it is freely available to the PostgreSQL community, contributing to the broader adoption and improvement of vector databases.