Pinecone's June 2024 product update introduces several new features, including the beta launch of Pinecone Assistant, an API service designed to answer complex questions about proprietary data within applications. Developers can join the waitlist to access and provide feedback on the beta, which emphasizes simplicity, high-quality results, and control over data. The update also includes a doubled serverless namespace quota, enhancing support for multitenancy by allowing up to 100,000 namespaces per serverless index. This enables faster responses and reduced costs by limiting operations to a single namespace. Additionally, Pinecone has revamped its Model Gallery for easier selection of models and introduced new sample applications to streamline the development of GenAI apps, including a legal semantic search sample app. Users can try Pinecone for free and access detailed release notes for more information about all product and feature updates.