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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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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. But first… what is a game engine, exactly? Godot editor demo.

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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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Orkes, founded by the creators of Netflix’s open source Conductor workflow orchestration tool, comes out of stealth with $9.3M

TechCrunch

million in funding to fuel the mission, as well as to support the continued growth of the open-source Conductor community. The rise of Orkes underscores a very common route these days for open source tools. “ Orkes has the right team to bring enterprise-grade support and cloud services to this thriving community.”

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From the creator of Homebrew, Tea raises $8.9M to build a protocol that helps open source developers get paid

TechCrunch

Tea , an open source unified package manager for software developers, today announced it has added another $8.9 Tea is the brainchild of Max Howell , creator of popular open source package manager Homebrew , and Timothy Lewis. “Open source supply chain security is critical for many enterprises today.

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Daily Crunch: PSG, Battery Ventures invest $100M in open source password manager Bitwarden 

TechCrunch

DAO makes us proud : Gaming guild Metaverse Magna is now valued at $30 million after raising $3.2 Tage writes the company plans to build “Africa’s largest gaming DAO.”. Daily Crunch: PSG, Battery Ventures invest $100M in open source password manager Bitwarden by Christine Hall originally published on TechCrunch.

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Commercializing the open-source FingerprintJS browser fingerprinting tech nabs Chicago entrepreneur $4M

TechCrunch

Chicago-based serial entrepreneur Dan Pinto has raised new cash and launched a new company looking to commercialize a years-old open-source project that purports to solve one of the web’s hardest problems — fraud prevention. The open source community was pivotal to our success thus far,” said Vasilyev, in a statement.