Zilliz recently launched an updated version of its cloud platform, introducing new features such as a free tier, dynamic schema and partition keys, and more affordable pricing plans. The latest update has significantly improved performance, making it twice as fast as the previous version and three to ten times faster than other vector databases like Milvus. Zilliz Cloud's speed is attributed to its robust vector indexing engine, optimized code structure, and AutoIndex feature for stable recall rates.