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“Vector Databases: The Rising Star in the Age of AI Hype”

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Why vector databases are having a moment as the AI hype cycle peaks GenAI spurs demand for vector search startups, but database giants are also taking noteVector databases are all the rage, judging by the number of startups entering the space and the investors ponying up for a piece of the pie. “Working with visual search and robotics at Amazon was when I really looked at vector search — I was thinking about new ways to do product discovery, and that very quickly converged on vector search,” Clark told TechCrunch. “I think the same is likely to happen with vector databases,” Zaitsev told TechCrunch. “Our pitch is, ‘we do advanced vector search in the best way possible.’ It is all about specialization. At some point, users will face limitations if vector search is a critical component of your solution.”

A Recap of Tesla’s Exciting Week and the Rise of Fintech

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It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week. From layoffs to pricing changes and more, it was a week dyed deeply in Tesla colors so we had to chat through the latest. But that was just one element of what we got into on Equity this week. We also dug into Mary Ann’s reporting about Ramp’s latest round — and up valuation — that fit neatly next to Rippling’s own impending fundraise. Equity is back tomorrow with a special interview between Mary Ann and Notable Capital’s Hans Tung, so stay tuned!

The Plight of Brex: A Wealthy Affliction

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Brex and the curse of having too much moneyListen here or wherever you get your podcasts. From there we turned to fintech (generally) and Brex (more specifically). In short, Brex is a big company today but not one that is having a lot of fun at the moment, it appears. (generally) and Brex (more specifically). In short, Brex is a big company today but not one that is having a lot of fun at the moment, it appears.

Land Moto revs up its electric motorcycle battery game with $3M investment

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Cleveland-based electric motorcycle startup Land Moto is looking to diversify by powering up the battery design side of its tech, and has raised $3 million (on top of $7 million raised last summer) to do so in 2024. But like many electric vehicle manufacturers, Land is finding that there is a lot of potential in having a giant battery present at someone’s home beyond simply transportation. Just as some carmakers have flirted with the idea of having your electric car act as a home battery, why shouldn’t your electric bike do the same, to a lesser extent? “Being able to make electric batteries in-house is a pivotal moment for the team. As with other electric ecosystems, the new battery is designed to slot into the bike’s slot with minimal modification.