Andreessen Horowitz, a private American venture capital firm, led a $100m Series B funding round in Pinecone, a vector database company providing long-term memory for AI, with participation from ICONIQ, Menlo Ventures and Wing Venture Capital. “The new wave of AI-powered applications create, store, and search through a large number of vector embeddings, which are AI representations of data. We created Pinecone and the vector database category as a whole to let all AI developers easily work with a scalable and cost efficient database for this workload,” Edo Liberty, Pinecone Founder and CEO.