In addition to the vector storage service, Retool has also launched a number of AI-based actions for common use cases like text summarization and classification, image generation, and more. These features were developed in partnership with OpenAI and include integrations into Retool Workflows. The aim is to help businesses put AI into production faster without compromising safety.
Key takeaways:
- Retool is launching a number of new tools to help users build AI-based apps, including a hosted vector store to add context to large language models (LLMs).
- Retool's CEO, David Hsu, believes the main challenge for businesses is not choosing a vector database, but getting data into the vectorized database and keeping it up to date.
- Retool is launching Retool Vectors, a hosted vector storage service that uses the open-source pgvector extension for Postgres at its core.
- Retool has also launched a number of AI-based actions for common use cases and has partnered with OpenAI for these features, which includes integrations into Retool Workflows.