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First-of-its-kind Pinecone Knowledge Platform to Power Best-in-class Retrieval for Customers

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Industry-leading vector database capabilities combined with proprietary AI models to help developers build up to 48% more accurate AI applications, faster and more easily

Pinecone recognized as AWS GenAI Innovator Partner of the Year

LAS VEGAS, Dec. 3, 2024 /PRNewswire/ — With its vector database at the core, Pinecone, the leading knowledge platform for building accurate, secure, and scalable artificial intelligence (AI) applications, has announced industry-first integrated inference capabilities. These include fully-managed embedding and reranking models, along with a novel approach to sparse embedding retrieval. By combining these innovations with Pinecone’s proven dense retrieval capabilities, the platform delivers an approach to cascading retrieval that defines a new standard for AI-powered solutions.

New proprietary reranking and embedding models, as well as the addition of third-party models like Cohere’s Rerank 3.5 model, further provide customers quick, easy access to high-quality retrieval and significantly streamline the development of grounded AI applications.

“Our goal at Pinecone has always been to make it as easy as possible for developers to build production-ready knowledgeable AI applications quickly and at scale,” said Edo Liberty, founder and CEO of Pinecone. “By adding built-in and fully-managed inference capabilities directly into our vector database, as well as new retrieval functionality, we’re not only simplifying the development process but also dramatically improving the performance and accuracy of AI-powered solutions.”

Pinecone’s composable platform now includes the following updates:

pinecone-rerank-v0 proprietary reranking modelpinecone-sparse-english-v0 proprietary sparse embedding modelNew sparse vector index typeIntegration of Cohere’s Rerank 3.5 modelNew security features, including role-based access controls (RBAC), audit logs, customer-managed encryption keys (CMEK), and the general availability (GA) of Private Endpoints for AWS PrivateLink

Advancing the state of the art for retrieval

High-quality retrieval is key to delivering the best user experience in AI search and retrieval-augmented generation (RAG) applications. Pinecone’s research shows that state-of-the-art performance requires combining three key components:

Dense vector retrieval to capture deep semantic similaritiesFast and precise sparse retrieval for keyword and entity search using a proprietary sparse indexing algorithmBest-in-class reranking models to combine dense and sparse results and maximize relevance

By combining the sparse retrieval, dense retrieval, and reranking capabilities within Pinecone, developers will be able to create end-to-end retrieval systems that deliver up to 48% and on average 24% better performance than dense or sparse retrieval alone.

“With the advent of GenAI, we knew we could challenge the status quo in talent acquisition by building an experience focused on the job seeker rather than the hiring company,” said Alex Bowcut, CTO of Hyperleap. “With Pinecone, we’ve seen 40% better click-through rates for the job matches we deliver with search results using their semantic retrieval as opposed to traditional full-text search. Now, with the addition of sparse vector retrieval to Pinecone’s proven natural language search capabilities, we’re excited to explore how we can bring deeper personalization to people looking for work.”

Pinecone proprietary models

With the introduction of its first proprietary models, Pinecone is making it easier for developers to build knowledgeable AI.

pinecone-rerank-v0 improves search accuracy by up to 60% and on average 9% over industry-leading models on the Benchmarking-IR (BEIR) benchmarkpinecone-sparse-english-v0 boosts performance for keyword-based queries, delivering up to 44% and on average 23% better normalized discounted cumulative gain (NDCG)@10 than BM25 on Text REtrieval Conference (TREC) Deep Learning Tracks

Natively integrated into Pinecone’s platform, these models simplify the development of production-ready AI applications.

AI search simplified with integrated inference

With the release of Pinecone’s integrated inference capability, engineers can now develop state-of-the-art applications without the burden of managing model hosting, integration, or infrastructure. By offering these capabilities behind a single API, developers can seamlessly access top embedding and reranking models hosted on Pinecone’s infrastructure, eliminating the need to worry about vectors or data being routed through multiple providers. This consolidation not only simplifies development but also enhances security and efficiency.

“Pinecone’s new integrated inference capabilities are a game-changer for us,” said Isaac Pohl-Zaretsky, CTO & Co-Founder at Pocus. “The ability to have embedding, reranking, and retrieval all within the same environment not only streamlines our workflows but also powers our AI solutions with minimal latency, less technical debt, and improved performance. Pinecone was already helping us deliver tremendous value with precise signals to power our customers’ go-to-market efforts, and now with their unique platform we’re thrilled to be able to deliver even more.”

Greater choice with Cohere Rerank

As part of Pinecone’s expanding inference capabilities, we’ve collaborated with Cohere to host cohere-rerank-v3.5 natively within the Pinecone platform. This allows customers to easily select and use cohere-rerank-v3.5 directly from the Pinecone API to enhance the relevance of their search results. Rerank 3.5 excels at understanding complex business information across languages making it optimal for global organizations in sectors like finance, healthcare, the public sector, and more. By incorporating Cohere’s latest industry-leading reranking model, developers can further refine search outputs, ensuring more accurate and contextually relevant responses for their applications.

Enhanced security for mission-critical workloads

Pinecone’s database is built for production, which means the security of customer workloads is paramount. The following advancements further strengthen Pinecone’s commitment to enterprise-grade security and compliance:

More granular role-based access controls (RBAC) let users set API key roles for control and data plane operationsCustomer-managed encryption keys (CMEK) enable users to control their own data encryption and enhance tenant isolationAudit logs for control plane activities (e.g. index creation or deletion) via Amazon Simple Storage Service (Amazon S3) endpointsSupport for AWS PrivateLink is now generally available (GA) for serverless indexes

Unlocking more with AWS

Pinecone is the recipient of the 2024 AWS GenAI Innovator Partner of the Year award. This award recognizes Pinecone for possessing a unique advantage in driving the advancement of services, tools, and infrastructure pivotal for implementing generative AI technologies.

Pinecone’s AWS Generative AI Competency acknowledges the company as an expert generative AI solution provider that creates value and drives business growth for customers. Customers can leverage Amazon Bedrock Knowledge Bases with Pinecone to build more effectively with AI and reduce operational complexity and costs. Specifically, Knowledge Bases for Amazon Bedrock provides “one click” integration with Pinecone, fully automating the ingestion, embedding, and querying of customer data as part of the LLM generation process. This seamless flow provides a scalable foundation for AI innovation, enabling faster time-to-value and more grounded, production-grade AI applications. Furthermore, customers using Amazon Bedrock Knowledge Bases with Pinecone can now run RAG evaluations natively in Amazon Bedrock instead of having to connect third-party tools.

Creating new possibilities with knowledgeable AI

As the first AI infrastructure company to provide a single platform for inference, retrieval, and knowledge base management, Pinecone is setting a new standard in the industry. This integrated approach is expected to lead to significant performance improvements and open up new possibilities for AI application development.

Customers can access Pinecone through the AWS Marketplace to fast-track procurement, accelerate deployment, and optimize costs to quickly and easily drive better outcomes with knowledgeable AI. Developers can also get started for free on the Pinecone console.

About Pinecone

Pinecone’s mission is to make AI knowledgeable. With its vector database at the core, Pinecone is the leading knowledge platform for building accurate, secure, and scalable AI applications. More than 5000 customers across various industries have shipped AI applications faster and more confidently with Pinecone’s developer-friendly technology. Pinecone has raised $138M in funding from leading investors Andreessen Horowitz, ICONIQ Growth, Menlo Ventures, and Wing Venture Capital, and operates in New York, San Francisco, and Tel Aviv.

Media Contact

Mike Sefanov
mike.s@pinecone.io
Director, Communications

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SOURCE Pinecone Systems Inc

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Dr. Gerard van Belle Appointed Director of Science at Lowell Observatory, Charting a Bold Future for Research

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30 minutes ago

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January 11, 2025

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Dr. van Belle to guide scientific exploration and foster innovation in the next era of astronomical research

FLAGSTAFF, Ariz., Jan. 10, 2025 /PRNewswire/ — Lowell Observatory is pleased to announce the appointment of Dr. Gerard van Belle as the new Director of Science. Van Belle, who has been an astronomer at the observatory since 2011, has been serving as the interim Director of Science.

In his new role, van Belle will lead a diverse team of astronomers and planetary scientists. He will spearhead the observatory’s new Science Vision, which focuses on advancing research capabilities and implementing cutting-edge technological improvements supporting Lowell’s leadership in astronomical research.

Under his leadership, the science department will continue to advance Lowell Observatory’s mission to pursue the study of astronomy, including the study of our solar system and its evolution, and to conduct pure research in astrophysical phenomena.

Van Belle’s own research focuses on fundamental stellar parameters, including the sizes, shapes, masses, distances, and temperatures of various types of stars. He is also renowned for his expertise in optical and near-infrared astronomical interferometry.

He earned his bachelor’s degree in physics from Whitman College in 1990, followed by a master’s degree from The Johns Hopkins University in 1993, and a Ph.D. in physics from the University of Wyoming in 1996.

Throughout his career, van Belle has been instrumental in the development and commissioning of major optical interferometers worldwide, including the Palomar Testbed Interferometer, the Keck Interferometer, and the Very Large Telescope Interferometer. His pioneering work in stellar surface imaging earned him the inaugural Edward Stone Award for Outstanding Research Publication at NASA’s Jet Propulsion Laboratory in 2002.

In 2011, van Belle joined Lowell Observatory’s science staff, where he applied high-resolution astronomical techniques to detect nearby exoplanets and map stellar surfaces. He served as the Director of the Navy Precision Optical Interferometer (NPOI) in Flagstaff, Arizona, from 2017 to 2018, and subsequently as its Chief Scientist until 2022.

Notably, van Belle was among the astronomers who voted against the definition of ‘planet’ advanced during the 2006 International Astronomical Union (IAU) conference in Prague, which relegated Pluto to being a ‘dwarf planet’ (which according to the IAU resolution is not a planet).

His extensive experience and dedication to advancing astronomical research make him a valuable leader for Lowell Observatory’s scientific endeavors.

“I am honored to take on this role at such a pivotal time for Lowell Observatory,” said van Belle. “Our Science Vision will guide us in exploring new frontiers in astronomy while strengthening our commitment to public engagement and education.”

Executive Director Dr. Amanda Bosh expressed her confidence in van Belle’s leadership: “Gerard’s extensive experience and dedication to our mission make him the ideal person to lead our scientific endeavors. I look forward to working closely with him as we embark on this exciting new chapter for Lowell Observatory.”

For more information about Lowell Observatory’s research and public programs, visit lowell.edu.

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts more than 100,000 visitors annually for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

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SOURCE Lowell Observatory

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ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR

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January 10, 2025

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NEW YORK, Jan. 10, 2025 /PRNewswire/ — MSG Networks released the following statement about their dispute with Altice USA:

“Altice USA has pulled their last proposal and walked away from negotiations to bring MSG Networks back to its Optimum subscribers. They also just dropped WPIX Channel 11 in New York and other local stations around the country. If you have been waiting, like we have, for them to do right by their customers – don’t wait any longer. Now is the time to switch to Verizon Fios who has a special offer for Optimum subscribers. Meanwhile, Optimum has been charging their over 1 million customers for local sports programming they have not been receiving and EVERY subscriber should be credited at least $10 a month.

Verizon Fios is ready to take your business. If you are not in Verizon Fios area, you can get games through these other providers DirecTV, DirecTV Stream, Fubo and The Gotham Sports App. For more options on how to switch providers, visit www.keepMSG.com.”

About MSG Networks

MSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks (MSG and MSG Sportsnet) and MSG+, a direct-to-consumer and authenticated streaming offering (included in the Gotham Sports App), that serve the nation’s number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks feature a wide range of compelling sports content, including exclusive live local games and other programming of the New York Knicks, New York Rangers, New York Islanders, New Jersey Devils and Buffalo Sabres, as well as significant coverage of the New York Giants and Buffalo Bills. This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports. MSG Networks is part of the Sphere Entertainment Co. (NYSE: SPHR).

Contact:

Dan Schoenberg (dan.schoenberg@msg.com)

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SOURCE Sphere Entertainment Co.

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Infor Nexus Unveils NexTrace, its End-to-End Traceability Solution at NRF 2025

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1 hour ago

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January 10, 2025

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Leveraging AI technology and a supplier-centric philosophy, the solution simplifies the data collection process, helping to promote accuracy and compliance

NEW YORK, Jan. 10, 2025 /PRNewswire/ — Infor Nexus™ , the single-instance supply chain network platform providing unparalleled visibility and collaboration, today announced NexTrace. This innovative solution is designed to improve customer transparency and provide a competitive advantage. With the EU Digital Product Passport (DPP) set to take effect in 2027, companies need to start preparing now by implementing traceability solutions. NexTrace can give customers a head start to meet regulatory requirements like the EU DPP and the Corporate Sustainability Due Diligence Directive (CSDDD). 

NexTrace provides end-to-end transparency by seamlessly tracking raw material through to finished products and beyond, ensuring full traceability throughout the entire supply chain journey. It integrates supplier ESG data and certificates for a holistic view of sustainability and compliance information. Leveraging AI technology and a supplier-centric philosophy, NexTrace simplifies the data collection process, ensuring accuracy and compliance.

“Last June, we launched Map and Trace, which empowers our customers to map their supply chains and collect documentation from multiple supplier tiers. Map and Trace provides evidence of chain of custody compliance with regulations such as the US UFLPA and the French AGEC law. With NexTrace, we’re taking this to the next level by proactively gathering full-scale item-level traceability from each tier of the supply chain. This will help our customers to not only meet upcoming regulations like the EU Digital Product Passport but also gain a competitive edge by providing comprehensive data on their products’ journey, composition, and sustainability,” said Brian Carelli, Infor VP, Sustainability and Partnerships. 

Meeting regulatory and consumer demands for product traceability requires collaboration across supply chain tiers. By connecting to Infor Nexus, companies gain a head start, leveraging an established ecosystem of over 94,000 brands, retailers, and suppliers already on the platform. Managing traceability and chain-of-custody data alongside existing supply chain processes on a unified platform accelerates progress, boosts efficiency, and reduces reliance on multiple systems. 

NexTrace Capability Highlights: 

Enables seamless lot and item-level tracing by tracking the movement of raw material lots and batches through their conversion into finished products Leverages AI to collect data from the multiple tiers of suppliers, while automatically associating transactions from one tier to the next, helping to reduce the burden on suppliers and increase data accuracy and tracing efficiency Allows suppliers to upload data from existing reports in one easy step, rather than necessitating manual data entry RFID scanning of serialized barcodes at source automatically links the multi-tier chain of custody data Integrates supplier ESG data and certificates with traceability information, providing a comprehensive view of sustainability and compliance throughout the supply chain Creates a digital link and visualization to share traceability and product information with consumers, enhancing transparency and trust throughout the supply chain Tracing data automatically updates the network graph creating linkages between products and materials providing a higher fidelity map of your supply chain network 

“Vendors will be eager to tout their Digital Product Passport solutions at NRF, but their focus is often on flashy features, rather than the minutiae of how to feed such data-hungry systems. At NRF, we look forward to demonstrating how trace data is built and how to scale a system of this magnitude,” said Carelli. 

To learn more about building a more responsible supply chain, visit https://www.infor.com/solutions/scm/infor-nexus/sustainability

About Infor Nexus 

Infor Nexus™ is the leading global supply chain platform. Infor Nexus connects a network of over 94,000 brands, retailers, manufacturers, suppliers, logistics providers and banks on single-instance network platform to seamlessly orchestrate global supply chain processes from source through to delivery and payment. Companies streamline their operations to eliminate inefficiencies and waste while gaining data-driven insights and optimizing the flow of capital for improved agility, resilience, and sustainability. Visit www.infor.com/solutions/scm/infor-nexus. 

Media Contact: 
Alexandria Truby 
Senior Public Relations Specialist, Infor 
Alexandria.Truby@infor.com

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SOURCE Infor

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