Redis has released its new product named Redis Cloud Packages, a combination of pre-configured Redis Cloud instances designed to meet specific workloads and use cases, allowing users to skip from manual configurations and removing the hassle of managing Redis instances, making it more accessible and efficient for developers. Users can use a package for caching, NoSQL databases, or vector search.
Redis Cloud is designed to deliver a fully-managed Redis database on major public cloud services, providing all the features of Redis Enterprise to users, such as: instant failover, backups and recovery, 24/7 monitoring and support, linear scalability and predictable performance.
Redis as a Vector search aims to provide a foundation for AI applications from recommendation systems to document chat, allowing developers to ground their own virtual assistants utilizing agents and RAG (Retrieval Augmented Generation) to enhance responses from LLMs (Large Language Models). Furthermore, Redis Vector indexes are managed with similarity search. Users can choose between the following techniques: FLAT – that is a brute force approach, and HSNW – an approximate method utilizing Hierarchical Small Word graphs efficient search. The metrics supported in Redis vector search to measure the similarity between two vectors are Euclidean, Inner Product, and Cosine. Users interested in exploring Redis Vector search can find resources in the Redis learn section page.
Harrison Chase, co-founder and CEO of LangChain, stated:
“We’re using Redis Cloud for everything persistent in OpenGPTs, including as a vector store for retrieval and a database to store messages and agent configurations. The fact that you can do all of those in one database from Redis is really appealing.”
RedisJSON is a high-performance NoSQL document store that provides native APIs to ingest, index, run query and full-text search on JSON documents, its main capabilities including:
In-Memory JSON store – Store and process scheme-free JSON in-memory, supporting millions of operations per second
Index and querying – it is possible to create indexes on JSON documents, perform complex aggregations, and filter by properties, numeric ranges, and geographical distance
Full-text / fuzzy search – JSON supports full-text indexing and stemming-based query expansion in multiple languages, providing a rich query language that can perform text searches, as well as complex structured queries, and “fuzzy” searches
Let’s see an example of the creation of a JSON document within a single Redis key named “testkey”:
It is important to notice that both Redis Enterprice and Redis Cloud are compatible with Redis Community Edition.
To get started, users just need to sign up with a Google or GitHub account and choose between the plans available. Currently there are three subscription plans:
Free Redis Cloud Essentials – designed for training and prototyping purposes, it comes with 30MB storage and max 30 concurrent connections
Redis Cloud Essentials (paid) – a cost-efficient option for low throughput scenarios; it comes with a storage capacity ranging from 250MB to 12GB, and 256 to Unlimited concurrent connections
Redis Cloud Pro – this one supports more databases, greater throughput and unlimited connections compared to the Redis Cloud Essentials, it brings 50TB storage and unlimited concurrent connections
MONTREAL – Lightspeed Commerce Inc. says it is conducting a review of its business and operations including talks relating to a range of potential strategic alternatives.
The Montreal-based payments technology company made the comments after reports concerning a potential transaction involving the company.
Lightspeed says it periodically undertakes a review of its business and operations with a view of realizing its full potential.
A strategic review is often seen by investors as a prelude to a sale by a company.
Lightspeed says its board of directors is committed to acting in the best interests of the company and its stakeholders.
Company founder Dax Dasilva returned to the role of chief executive officer earlier this year and has been working to return the company to profitability.
This report by The Canadian Press was first published Sept. 26, 2024.
OTTAWA – Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the economy moving forward, including the labour market and price growth.
In a speech in Toronto at the Economics of Artificial Intelligence Conference, the governor said Friday that the central bank is approaching the issue cautiously to get a better understanding of how AI could affect its job of keeping inflation low and stable.
“Be wary of anyone who claims to know where AI will take us. There is too much uncertainty to be confident,” Macklem said in prepared remarks.
“We don’t know how quickly AI will continue to advance. And we don’t know the timing and extent of its economic and social impacts.”
The governor said AI has the potential of increasing labour productivity, which would raise living standards and grow the economy without boosting inflation.
In the short-term, he said investment in AI is adding to demand and could be inflationary.
However, Macklem also highlighted more pessimistic scenarios, where AI could destroy more jobs than it creates or lead to less competition rather than more.
The governor called on academics and businesses to work together to shed more light on the potential effects of AI on the economy.
“When you enter a dark room, you don’t go charging in. You cautiously feel your way around. And you try to find the light switch. That is what we are doing. What we central bankers need is more light,” he said.
This report by The Canadian Press was first published Sept. 20, 2024.
CHICAGO (AP) — United Airlines has struck a deal with Elon Musk’s SpaceX to offer satellite-based Starlink WiFi service on flights within the next several years.
The airline said Friday the service will be free to passengers.
United said it will begin testing the service early next year and begin offering it on some flights by later in 2025.
Financial details of the deal were not disclosed.
The announcement comes as airlines rush to offer more amenities as a way to stand out when passengers pick a carrier for a trip. United’s goal is to make sitting on a plane pretty much like being on the ground when it comes to browsing the internet, streaming entertainment and playing games.
“Everything you can do on the ground, you’ll soon be able to do on board a United plane at 35,000 feet, just about anywhere in the world,” CEO Scott Kirby said in announcing the deal.
The airline says Starlink will allow passengers to get internet access even over oceans and polar regions where traditional cell or Wi-Fi signals may be weak or missing.
