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Cost, security, and flexibility: the business case for open source gen AI

CIO

To solve the problem, the company turned to gen AI and decided to use both commercial and open source models. So we augment with open source, he says. Right now, the company is using the French-built Mistral open source model. Open source models also offer companies more flexibility in when to upgrade.

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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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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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AtomicJar opens public beta of Testcontainers Cloud, cloud version of open source testing tool

TechCrunch

Richard North developed an open source solution called Testcontainers in 2015 to help ease this problem for developers. Today, the open source project is used by companies like Uber, Netflix, Spotify and Capital One. Working with, microservices-based development environments presents a unique set of testing challenges.

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Ultimate Guide to the Cloud Data Lake Engine

Cloud data lake engines aspire to deliver performance and efficiency breakthroughs that make the data lake a viable new home for many mainstream BI workloads. Key takeaways from the guide include: Why you should use a cloud data lake engine. What workloads are suitable for cloud data lake engines.

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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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SAP publishes open source manifesto

CIO

It’s an open secret that even proprietary software contains open source components these days, and major vendors are, to varying extents, supporting or participating in open source projects. SAP’s manifesto is in reaction to the fact that all is not always sunshine and roses in the open source world.