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Serverless Stack raises $1M for open-source application framework

TechCrunch

Open-source framework startup Serverless Stack announced Friday that it raised $1 million in seed funding from a group of investors that includes Greylock Partners, SV Angel and Y Combinator. Instead, Serverless Stack connects directly to the cloud for the ability to debug applications locally, he added.

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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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Eclipse Foundation to Release Open Source IDE Infused with AI Agents

DevOps.com

The Eclipse Foundation today made available an alpha release of an instance of its open source Theia integrated development environment (IDE), that provides access to artificial intelligence (AI) agents that will automate a wide range of coding tasks on behalf of application developers.

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Which open source startups rocketed in 2022?

TechCrunch

A new report shines a light on the world of commercial open source software (COSS) startups, including which ones are growing fastest, which are raising cash and even which universities are most popular among COSS founders. Runa previously backed a number of companies with open source foundations such as Nginx , MariaDB and N8n.

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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs.

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OpenAI open-sources Whisper, a multilingual speech recognition system

TechCrunch

In a step toward solving it, OpenAI today open-sourced Whisper, an automatic speech recognition system that the company claims enables “robust” transcription in multiple languages as well as translation from those languages into English. Speech recognition remains a challenging problem in AI and machine learning.

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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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The Advantages of Free and Open-Source Software Vs. Open-Core Software

Instaclustr commissioned Forrester Consulting to conduct a custom study to assess application development decision-makers’ understanding of the benefits of using open-core software vs. free and open source software (FOSS). Check out the findings!

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An Architect’s Guide for Selecting Scalable, Data-Layer Technologies

There’s no getting around it: selecting the right foundational data-layer components is crucial for long-term application success.