Pinecone runs a cloud service that stores vector embeddings, the numeric representations AI models create from text, images and other data, and finds the closest matches in milliseconds. Developers use it to give large language models access to private documents (RAG), to power semantic search and recommendations, and to give AI agents long-term memory. The company is headquartered in New York with R&D roots in Israel. The company is headquartered in San Francisco, California. Pinecone was founded in 2019 in San Francisco, California, by Edo Liberty, former research director at AWS and Yahoo, to invent the world's first specialized vector database, becoming the mission-critical retrieval memory layer for Large Language Models (LLMs) and generative AI applications.
Pinecone makes money by selling cloud database capacity as a service. Customers pay by usage: storage plus read units and write units on the serverless database, with a free Starter tier, a Standard plan and an Enterprise plan that carry monthly minimum commitments. It also charges for hosted inference (embedding and reranking models), Pinecone Assistant and the Nexus knowledge engine. Large customers can buy through AWS, Google Cloud and Microsoft Azure marketplaces or use Bring Your Own Cloud deployment. Pinecone does not publish revenue.