<ul><li>AI data management startup Voyage AI has raised $20 million in funding in a Series A round led by CRV.</li><li>Other participants in the funding round include Snowflake, Databricks, Wing VC, Conviction, Pear VC, Tectonic Capital, Mayfield Fund, and Fusion Fund.</li><li>Voyage AI specializes in creating embeddings, specialized files that represent data in a form that neural networks can understand, improving retrieval quality and reducing storage costs.</li><li>The company also debuted two new AI models, voyage-3 and voyage-3-lite, which provide better retrieval quality and cost efficiency compared to OpenAI's offering.</li></ul>

Snowflake, Databricks back $20M round for AI data management startup Voyage AI

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