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Zilliz raises $43 million as investors rush to China’s open source software

TechCrunch

For years, founders and investors in China had little interest in open source software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds open source software for processing unstructured data, recently closed a Series B round of $43 million.

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Meta offers Llama AI to US government for national security

CIO

The move relaxes Meta’s acceptable use policy restricting what others can do with the large language models it develops, and brings Llama ever so slightly closer to the generally accepted definition of open-source AI. The CIO’s role in these enterprises is among the toughest, as it involves issues of privacy, security, and criticality.

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Oligo raises $28M to secure open-source libraries at runtime

TechCrunch

Oligo Security , a Tel Aviv-based startup that focuses on runtime application security and observability to detect and prevent open-source vulnerabilities, is coming out of stealth today and announcing that it has raised a total of $28 million in seed and Series A funding. This, ideally, cuts down on unnecessary alerts.

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Open source software: Ways for CISOs to quell the fear

CIO

For many stakeholders, there is plenty to love about open source software. Developers tend to enjoy the ability to speed application development by borrowing open source code. CFOs like the fact that open source is often free or low in cost. The age-old question: How secure is open source software?

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There’s nothing Automattic about balancing commercial growth with an open source developer community

TechCrunch

The tech industry has made a full 180-degree turn with regard to open source in the 16 years since Matt Mullenweg founded Automattic , a major commercial backer of open source content management system WordPress. Even true believers can be shocked by the extent to which open source has succeeded. “To

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Together raises $20M to build open source generative AI models

TechCrunch

“Together is spearheading AI’s ‘Linux moment’ by providing an open ecosystem across compute and best in class foundation models,” Lux Capital’s Brandon Reeves told TechCrunch via email. The number of open source models both from community groups and large labs grows by the day , practically.

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Meet Crowd.dev, an open source user-led growth platform for fostering developer communities

TechCrunch

Now, another new company has entered the community-led growth fray with a slightly different approach to the existing players, one focused on developer communities and with open source at its core. The open source factor. Transitioning to an open source platform may hold other benefits, too. million ($2.2