Weaviate introduces an all-new business model for vector search

Weaviate, a leading open-source vector database technology provider, has introduced a new pricing model for its Weaviate Cloud service. Inspired by "pay-as-you-grow" cloud storage pricing, users can now pay a usage-based rate for search on a per-dimension basis, starting at $0.05 per million dimensions. This makes it easier and more affordable for enterprises of any scale to utilize Weaviate's vector database technology. The new model aligns with the company's commitment to creating truly open-source software, as customers using the free service will always have access to all of Weaviate's vector database capabilities.