Topics
Latest
AI
Amazon
Image Credits:3alexd / Getty Images
Apps
Biotech & Health
clime
Image Credits:3alexd / Getty Images
Cloud Computing
Commerce
Crypto
enterprisingness
EVs
Fintech
Fundraising
Gadgets
back
Government & Policy
computer hardware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
protection
Social
quad
Startups
TikTok
Transportation
Venture
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
telecasting
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
Redis , the ship’s company behind the democratic in - memory data depot , which is often used as a cache , vector database or cyclosis engine , today announced the launch of Redis 8 . With this release , the caller is doubling down on Redis as a transmitter database for AI use cases and launching an AI Copilot the help developer more apace recover Redis docs and indite code .
The society is also adding a fresh consolidation service , make it easier for developers to get data into Redis without using a third - company help , and it is put its Speedb acquisition to in effect use with the launching of Redis Flex .
Redis CEO Rowan Trollope described this as the party ’s self-aggrandising outlet yet . If you ’ve followed along , you ’ll remember that Redis announcedsome licensing changesearlier this year . It went from the open source BSD to a dual - licence scheme , using theRedis Source Available License(RSALv2 ) and Server Side Public License ( SSPLv1 ) . The main goal of this replacement is fundamentally the same as that of every other assailable source company that recently transfer its licence : keep the large cloud providers from offering hosted services based on these open source task . They can , of course , corrupt a license ( and Microsoft has done so ) .
What ’s interesting here is that Trollope argued that before changing the licence , Redis was fundamentally self - censoring . “ The license was really hold back a plenty of the conception from the company , ” he said . “ You know , we had this problem where anything we put into the open rootage would be taken for free by Google and Amazon and then sold — given away , fundamentally — to their customer with their superior monopolistic advantages . So the variety of the license has really been like breaking down the dike . And what was behind the dam is this huge source of innovation that the company had been build up . ”
Trollope called Redis 8 a total revamp of Redis and the company ’s “ blockbuster summertime release . ” With this release , he said , the caller is run into the project ’s reason for being : upper . But at the same time , he said , Redis has also learn rise adhesive friction with procreative AI developer who are looking for quick transmitter databases to innovate on top of foundation models with recovery - augment generation ( RAG ) , for deterrent example .
But what ’s maybe even more interesting is that many developers now use Redis to pelt along up ( and save on ) their inferencing for straightaway and semantic caching — which also convey Redis back full - roofy to its roots as the popular caching tool it was already . Redis is fancy developers save between 30 % and 90 % on their inferencing toll with this .
“ We ’ve really been follow the developers and trying to help make the experience of using our product well by doing things like integrating our tech into various stacks , various frameworks like LangChain , OpenAI and Llama , etc . , to verify they have a great experience , ” Trollope say .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
One thing the licensing change also allow for was bringing feature that were previously in Redis Stack like a shot into the Redis 8 Community Edition . Because it was BSD licence , Redis could n’t put these features in Redis Core before . Now , there is no distinction between Redis Core and Redis Stack . It ’s the Redis Community variation alternatively .
In addition to these marquee AI features , the company is also harbinger Redis Flex , for those who want to lean Redis hoard on heartbeat drives alternatively of in - retention . The caller already tender Redis on Flash and Redis Flex is essentially the next - gen version of this , establish on the caller ’s acquisition ofSpeedb earlier this year . Flex can operate on DRAM and SSDs , making it significantly gimcrack to track down than the traditional version of Redis , which has always been an in - store database and hence swear on more expensive memory board . Redis argues that with Flex , businesses will be able to bring their cost for caching data down by 80 % . This feature will found into public prevue soon .
New hires on the way to an IPO
It ’s also no secret that Redis is still lookingahead to an IPO . As Trollope told TechCrunch exclusively , the society recently hired a young CFO , Tony Tiscornia , formerly the CFO of Coupa , and a raw master administrative officer , Diane Honda , who joined from Barracuda Networks . “ When the markets are contributing to more IPOs , we ’re financially ready for that . It ’s really more about the marketplace , ” Trollope state — and if there ’s one affair I ’ve con about pre - IPO startup , it ’s that when they hire Modern chief financial officer , and especially ones that oversaw old initial offering like Tiscornia did at Coupa in 2016 , they are most definitely inch toward an initial public offering .
