Executive summary Valkey is an open source, in-memory data store created as a community-driven branch of Redis in response to Redis’s licensing changes, ensuring fully transparent Apache 2.0 licensing with no vendor lock-in. Designed for the next generation of high-performance computing, Valkey delivers microsecond-level latency and millions of operations per second, supporting demanding use cases like caching, real-time analytics, session storage, rate limiting, and queuing. Valkey offers seamless backward compatibility with the Redis ecosystem, enabling organizations to migrate with minimal changes and continue using existing clients and integrations. Its open governance model guarantees transparent development and community ownership, facilitating rapid innovation and long-term stability. Beyond traditional key-value storage, Valkey supports advanced features such as replication, clustering, pub/sub, server-side scripting, and lightning-fast vector database operations for AI and search use cases.…