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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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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.

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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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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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How we dodged risks and raised millions for our open-source machine language startup

TechCrunch

Jorge Torres is CEO and co-founder of MindsDB , an open source AI layer for existing databases. Adam Carrigan is a co-founder and COO of MindsDB , an open source AI layer for existing databases. Open-source software gave birth to a slew of useful software in recent years. Contributor. Share on Twitter.

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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