Redis 7.4 was released in July for Redis Community Edition and Redis Stack as a release candidate, offering bug squashes and new features such as hash field expiration, reduced memory usage data types, and time series insertion filters. This release provides better control over hashes and increases precision in applications like fraud detection. The new data types for vectors, including bfloat16 and float16, allow significant reductions in memory consumption without sacrificing accuracy. Redis 7.4 also enhances the developer experience with improved secondary indexing and simplified querying of special characters in TAG fields. Additionally, Redis Cloud has two helpful enhancements for tagging, allowing users to see their database costs for specific tag keys or values and manage tags using dedicated APIs. A new 14-day trial is available for Google Cloud customers, including $500 of usage.