Axis ⑰

Embeddings & Vector Search

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The layer that finds things with similar meanings

Turn text or images into vectors of numbers, and you can find "similarity" by calculation. Search, recommendations and the first step of RAG all rely on this. This axis gathers progress in embedding models, index structures that search huge numbers of vectors fast, and the rise of the databases that hold them. It's easy to overlook, but it's the layer that sets the ceiling on search quality.

Google DeepMind
Google DeepMind releases EmbeddingGemma 2

Company-reported MTEB Code rose from 68.76 to 78.68; context is 8K (4 times its predecessor), and MRL lets the 768 dimensions shrink to 128, cutting storage by up to 6 times. Quantized, it runs on a Pixel 11 Pro in about

Cohere
Cohere releases Embed 5

A case of the competitive focus of embedding models moving from scores to operating costs. The design in which tiers share an embedding space aims to eliminate reindexing costs — the biggest barrier to switching models i

OpenAI
OpenAI launches Data agent in ChatGPT Work

The point at which data warehouse queries became a basic agent tool without going through analysts, showing the BI tool layer being absorbed into agents.

Tingyu Song et al.
Researchers release CORE

A strand that claims multi-level ranking supervision makes better use of the supervision signal than contrastive learning, long the default for embedding training, and repositions the reranker not as the back end of the

Aurélien Lac, Tony Wu
Researchers release NeoMME

A strand that, instead of the ColPali lineage of reusing generative models as retrievers, returns to a single tower designed as an encoder from the start — a claim that "encoder-only" is valid again for multimodal retrie

Voyage AI (MongoDB)
Voyage AI releases voyage-context-4

An attempt to absorb chunking, a RAG preprocessing step, into the embedding model itself

Elastic
Elastic publishes vector search benchmarks

An integrated search engine using quantization to take direct aim at the performance and cost case for dedicated vector DBs

Google
Google makes Gemini Embedding 2 generally available (GA)

The commercial embedding lineage officially moved past the text-only generation into a natively multimodal one

Qdrant
Qdrant announces a $50 million Series B

The counterargument of the dedicated vector DB camp. A direct reply to integrated options (Postgres, Elasticsearch)

Voyage AI (MongoDB)
Voyage AI launches the Voyage 4 model family

Applies MoE to commercial embeddings and standardizes embedding compatibility across models of different sizes. Comparison figures are the vendor's own measurements

Cohere
Cohere launches Rerank 4

Showed that, right after the view that embeddings have limits spread, the commercial importance of the reranking layer actually grew

Google Cloud
Google Cloud adds Auto Vector Embeddings and Auto Vector Index to AlloyDB AI

An attempt to absorb embedding generation and ANN tuning into the database and eliminate separate pipelines

Amazon
Amazon makes Nova Multimodal Embeddings generally available on Bedrock

A cloud provider makes unified multimodal embeddings a standard product

Orion Weller, Michael Boratko et al. (Google DeepMind, Johns Hopkins)
On the Theoretical Limitations of Embedding-Based Retrieval published

A rebuttal showing that the limits of single-vector retrieval are fundamental, dimensional limits that more data or bigger models cannot fix. A theoretical basis for a return to multi-vector, sparse and hybrid retrieval

Voyage AI (MongoDB)
Voyage AI launches rerank-2.5 and rerank-2.5-lite

Rerankers change from fixed functions into components steered by instructions. Comparison figures are the vendor's own measurements

Elastic
Elasticsearch 9.1 makes BBQ default for dense vectors of 384+ dims, adds ACORN-1

The point at which quantized indexes moved from an option to the default

Voyage AI (MongoDB)
Voyage AI releases voyage-context-3

Absorbs chunking, a fundamental flaw of RAG, into the model itself

Google
Google makes gemini-embedding-001 generally available (GA)

Commercialized the experimental version from March, entering the embedding API race in earnest

Jina AI
Jina AI releases jina-embeddings-v4 (3.8B)

Points toward a single model handling both multimodality and late interaction

Milvus (Zilliz)
Milvus 2.6 released

The axis of vector DB competition moved from adding features to cutting the cost of billion-scale vectors

Alibaba Qwen
Alibaba Qwen releases the Qwen3 Embedding and Reranker series (0.6B–8B)

The point where open-weight embeddings overtook commercial API models on the leaderboard

Yanzhao Zhang et al. (Alibaba Qwen)
Alibaba Qwen presents Qwen3 Embedding

The point the open-weight camp reached by releasing embeddings and rerankers as a single lineage

LanceDB
LanceDB announces a $30 million Series A and launches its Multimodal Lakehouse

An attempt to redefine the category from vector index to AI data lakehouse

Rishi Jha, Collin Zhang et al. (Cornell Tech)
Cornell Tech researchers present Harnessing the Universal Geometry of Embeddings

A radical approach to the cost of migrating embeddings, which also raised security implications for leaked vector DBs

Cohere
Cohere releases Embed v4

Commercial embedding competition moved beyond text search to long documents and mixed-modality search

Cohere
Cohere launches Embed 4

A commercial multimodal embedding that handles text, images and document screenshots in one model. The commercialization of the direction ColPali opened

Jinhyuk Lee et al. (Google DeepMind)
Google DeepMind researchers present Gemini Embedding

Represents the shift of embedding models from small dedicated encoders to derivatives of frontier LLMs

MongoDB
MongoDB announces its acquisition of Voyage AI (terms undisclosed)

A general-purpose database vendor directly bought a company making embedding and reranking models. A decisive phase in the contest between dedicated vector DBs and extensions of existing databases

Michael Tschannen et al. (Google DeepMind)
Google DeepMind researchers present SigLIP 2

The de facto default vision encoder for VLMs. Multimodal embeddings and VLM backbones converged into the same lineage

Kenneth Enevoldsen et al. (MTEB community)
MTEB community presents MMTEB

The community's response to overfitting on the MTEB leaderboard. Moved the baseline for the embedding rankings race

Voyage AI
Voyage AI releases voyage-3

The phase in which competition among commercial embedding APIs explicitly took aim at the OpenAI baseline

Luke Merrick et al. (Snowflake)
Arctic-Embed released

A sign that data warehouse vendors were starting to build embedding models themselves

Cohere
Cohere launches Rerank 3

The point at which rerankers were commercialized as a separate foundation-model product line. The two-stage structure settled in as the default architecture for RAG

Zach Nussbaum et al. (Nomic AI)
Nomic Embed published

The first competitive embedding model to release even its training data. Added reproducibility as a new dimension of the embedding race

OpenAI
OpenAI releases text-embedding-3-small/large

MRL-style truncation became a built-in feature of a commercial API

Qdrant
Qdrant announces $28 million Series A

Secured capital for the approach of a Rust-based, high-performance, single-purpose engine

Pinecone
Pinecone serverless announced

Shifted the cost structure of vector DBs from always-on to usage-based

Michael Günther et al. (Jina AI)
Jina Embeddings 2 published

Sparked the race in long-document embeddings. The first open model family to reduce the burden of chunking

Shitao Xiao, Zheng Liu et al. (BAAI)
C-Pack released

An open-weight strategy of releasing benchmark, data and models as one bundle changed the landscape of the MTEB leaderboard

pgvector project
pgvector 0.5.0 adds HNSW indexes

HNSW became usable in an existing RDB without a dedicated vector DB, directly affecting the shape of the vector DB market

Zehan Li et al. (Alibaba)
GTE published

A sign that small open-weight models were starting to overtake commercial APIs

Weaviate
Weaviate announces $50 million Series B

A representative case of capital flowing into vector DBs at the time of the 2023 RAG boom

Chroma
Chroma announces $18 million seed round

The event that created the category of embedded vector stores for LLM app developers

Xiaohua Zhai et al. (Google DeepMind)
Google DeepMind researchers present SigLIP

The de facto successor to CLIP in multimodal embeddings. Removing the need for very large batches greatly lowered the barrier to training

OpenAI
OpenAI releases text-embedding-ada-002

Turned embeddings into a commodity and removed the cost barrier to the RAG boom

Liang Wang et al. (Microsoft)
Microsoft researchers present E5

A rebuttal to the challenge BEIR had raised. The starting point of the open-weight embedding race

Niklas Muennighoff et al. (Hugging Face, Cohere)
Hugging Face and Cohere release MTEB

The common yardstick for the embedding model race. Its key conclusion: no embedding method dominates every task

Aditya Kusupati et al. (University of Washington, Google)
Kusupati et al. present Matryoshka Representation Learning

A technique that made embedding dimensions adjustable after the fact

Elastic
Elasticsearch 8.0 adds HNSW-based approximate kNN search as a technical preview

The point at which existing search engines began absorbing vector search. The starting point of the consolidation debate over whether a dedicated vector DB is needed

Thibault Formal et al. (Naver Labs Europe)
Naver Labs Europe presents SPLADE

The strand that made lexical retrieval learnable by neural networks. Broke down the dense-versus-sparse dichotomy

LF AI & Data Foundation / Milvus
LF AI & Data Foundation promotes the Milvus project to Graduate level

An event showing that the vector DB could stand as foundation-governed open-source infrastructure rather than a vendor product

pgvector project
pgvector makes its first release, 0.1.0

The start of the path that brought vector search into existing Postgres rather than a separate DB

Nandan Thakur, Nils Reimers et al. (UKP Lab, Cohere)
Thakur, Reimers et al. present BEIR

A decisive rebuttal of the narrative that dense retrieval had beaten lexical retrieval. The practical grounds for hybrid search becoming the default

Pinecone
Pinecone launches managed vector database beta, announces $10 million seed

The first commercialization of the vector DB as a standalone product category. Triggered the market formation of Weaviate, Qdrant, Chroma and Milvus

Google Research
Google Research open-sources ScaNN

Redesigned the quantization loss function around inner-product estimation error, pushing the quality-speed frontier of MIPS forward by a generation

Vladimir Karpukhin et al. (FAIR, Princeton, University of Washington)
Karpukhin et al. present Dense Passage Retrieval

Flipped the default from sparse retrieval (BM25) to dense retrieval

Yantao Shen et al. (Amazon AWS, UCLA)
Shen et al. present Towards Backward-Compatible Representation Learning

The first study to tackle the cost of embedding migration head-on. Framed as a problem the structural debt of having to re-embed the entire corpus every time the model is replaced

Suhas Jayaram Subramanya et al. (Microsoft Research India, CMU)
Microsoft Research India and CMU present DiskANN

An SSD-based ANN that broke HNSW's constraint of having to hold everything in memory

Nils Reimers, Iryna Gurevych (UKP Lab)
Reimers and Gurevych present Sentence-BERT

Turned sentence embeddings into a searchable asset

Rodrigo Nogueira, Kyunghyun Cho (NYU)
Nogueira and Cho present Passage Re-ranking with BERT

The prototype of the reranker lineage. Standardized the two-stage structure that recovers, at a later stage, the precision dense embeddings miss

Jeff Johnson, Matthijs Douze, Hervé Jégou (FAIR)
FAIR presents FAISS

The library that brought large-scale vector search into the realm of practical use

Yu. A. Malkov, D. A. Yashunin
Malkov and Yashunin present HNSW

The default indexing algorithm of almost every vector DB today

Tomas Mikolov et al. (Google)
Mikolov et al. at Google present word2vec

The starting point of every dense retrieval and embedding stack that followed

Hervé Jégou et al. (INRIA)
Jégou et al. publish Product Quantization for Nearest Neighbor Search

The origin point of the IVF-PQ family. The compressed indexes of FAISS, ScaNN and most vector DBs descend directly from this paper