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Supabase raises $6M for its open-source Firebase alternative

TechCrunch

Supabase , a YC-incubated startup that offers developers an open-source alternative to Google’s Firebase and similar platforms, today announced that it has raised a $6 million funding round led by Coatue, with participation from YC, Mozilla and a group of about 20 angel investors. Some of them we built ourselves.

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How W4 plans to monetize the Godot game engine using Red Hat’s open-source playbook

TechCrunch

A new company from the creators of the Godot game engine is setting out to grab a piece of the $200 billion global video game market — and to do so, it’s taking a cue from commercial open source software giant Red Hat. ” The open source factor. . ” The open source factor.

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8 open source companies from YC Demo Day Winter ’22

TechCrunch

Wicked fast VPNs, data organization tools, auto-generated videos to spice up your company’s Instagram stories … Y Combinator’s Winter 2022 open source founders have some interesting ideas up their sleeves. And since they’re open source, some of these companies will let you join in on the fun of collaboration too.

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Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF

TechCrunch

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular open source vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.

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AI market evolution: Data and infrastructure transformation through AI

CIO

Additionally, 90% of respondents intend to purchase or leverage existing AI models, including open-source options, when building AI applications, while only 10% plan to develop their own. Cost, by comparison, ranks a distant 10th. This allows organizations to maximize resources and accelerate time to market.

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Stoked — Manifesting Innovation in Shared Threat Intelligence

Palo Alto Networks

Rodney Mullen About half way through his lecture he drew similarities between skaters, hackers and the open-source community. Rodney shares more insights on his comparison: “They connect disparate information, and they bring it together in a way that a security analyst doesn't expect. It’s a beautiful thing.

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Build an AI-powered document processing platform with open source NER model and LLM on Amazon SageMaker

AWS Machine Learning - AI

In this post, we discuss how you can build an AI-powered document processing platform with open source NER and LLMs on SageMaker. The processing workflow begins when documents are detected in the Extracts Bucket, triggering a comparison against existing processed files to prevent redundant operations.