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The Future of Vector DB at GenAI Summit 2024

At the GenAI Summit on November 2nd, 2024, Daniel Svonava, CEO of Superlinked, joined industry leaders Charles Xie (Zilliz) and Jobi George (Weaviate) for an insightful discussion on 'The Future of Vector DB.'

Key points from Svonava's expertise in this space include:

  1. The current state of vector database adoption (estimated at only 0.1% of enterprise data being vectorized)
  2. Major use cases focusing on e-commerce and document search with vision-capable models
  3. Cost optimization strategies through flash storage and quantization techniques
  4. The growing importance of handling multimodal data effectively
  5. The future potential of vector databases, which he believes is currently "highly underestimated" despite recent hype

Svonava emphasized that while vector databases have seen significant attention in the past 18 months, they remain underhyped for their long-term potential, predicting several new "killer applications" emerging in the coming years.

To gain deeper insights into the future of vector databases and learn from leading industry experts, watch the full panel discussion from the GenAI Summit below.

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Posted by

Arunesh Singh

Design & Product Insights

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