Pinecone Introduces Free Inference API in Public Preview, Expanding Access to AI Capabilities Until July 2024

Pinecone Inference API introduced in Public Preview - free until July 1, 2024, then $0.08/M tokens (included in Starter with up to 5M tokens/mo)

Projects limit increased - Standard plan allows up to 20 projects, Enterprise allows up to 100 projects (vs 1 project in Starter)

Single sign-on (SSO) added to Enterprise plan

Namespace limit per index increased - Standard plan offers up to 10,000 namespaces per index, Enterprise offers up to 100,000 namespaces per index (vs previous Public Preview limit)

Removed promotional $100 usage credits offer that expired June 1, 2024

Prometheus metrics support added to Enterprise plan

Enterprise tier serverless Read Units pricing increased from $8.25 to $16.50 per 1M Read Units (100% increase)

Starter FREE plan introduced with up to 2GB storage (300k 1,536-dim vectors), 2M Write Units per month, 1M Read Units per month, 1 project, up to 5 indexes, and up to 100 namespaces per index

Pod-Based Indexes introduced as an alternative to Serverless Indexes, available in Standard (starting at $0.096/hr) and Enterprise (starting at $0.144/hr) plans

Enterprise tier serverless Write Units pricing increased from $2.00 to $4.00 per 1M Write Units (100% increase)

Enterprise plan introduced for mission-critical production applications with serverless writes at $4.00 per 1M Write Units (2x Standard), reads at $16.50 per 1M Read Units (2x Standard), SSO, Prometheus metrics, and Private Link support

Standard plan introduced for production applications at any scale with unlimited serverless storage at $0.00045 per GB/Hour, unlimited writes starting at $2.00 per 1M Write Units, unlimited reads starting at $8.25 per 1M Read Units, and pod-based indexes starting at $0.096/hr

Private Link support added to Enterprise plan (Public Preview)

Pinecone transitioned from serverless-only Public Preview pricing (pay-per-use calculator) to structured tiered plans with Starter FREE, Standard, and Enterprise tiers

Free tier introduced with Starter plan - includes 2GB storage (300k 1,536-dim vectors), 2M Write Units per month, 1M Read Units per month, up to 5 indexes, up to 100 namespaces per index, and up to 5M tokens/mo for Pinecone Inference API