In addition, Redis today announced that it has acquired storage engine Speedb (pronounced ‘speedy-bee’) to take it beyond the in-memory space.
Redis license changesIn some way, the licensing move is no surprise.
We’ve seen other open source companies like MongoDB, Elastic and Confluent make similar moves.
He is also quite aware that these new license mean Redis won’t be considered open source, at least according to the definition of the Open Source Institute.
Because of the BSD license, Redis wasn’t able to put its latest innovations into Redis Core, meaning it was missing features like search and query, for example.
Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch.
Verma plans to launch his own venture firm, with the inaugural fund expected to have a corpus of at least $150 million, a source familiar with the matter said.
The timing of his departure is also peculiar as Nexus raised a $700 million fund, its largest, just last year.
Verma has been working with his portfolio startups to hand over board seats to other partners at Nexus for several months, the source said, requesting anonymity.
Verma plans to launch his own fund by the end of the year where he plans to adopt a strategy that sets him apart from other investment firms in India.
Mermaid, the open source diagramming and charting tool, has long been popular with developers for its ability to create diagrams using a Markdown-like language.
They were watching ‘The Little Mermaid.’ That’s why I named that eight years ago.”Early on, Mermaid was mostly about flowcharts, but over time Sveidqvist added other diagram types — and the community quickly made it its own, too.
Firestone told me that the cloud version of the open source project had 4 million users last year.
That’s a market Mermaid Chart is looking to address by building easier-to-use tools for this group of users.
“Mermaid Chart is expanding the community by bringing the benefits of Mermaid to all types of business users, leveraging AI as a catalyst.
Artificial General Intelligence (AGI) — often referred to as “strong AI,” “full AI,” “human-level AI” or “general intelligent action” — represents a significant future leap in the field of artificial intelligence.
Huang, however, spent some time telling the press what he does think about the topic.
He suggests that the tests could be a legal bar exam, logic tests, economic tests or perhaps the ability to pass a pre-med exam.
AI hallucination is solvableIn Tuesday’s Q&A session, Huang was asked what to do about AI hallucinations – the tendency for some AIs to make up answers that sound plausible, but aren’t based in fact.
He appeared visibly frustrated by the question, and suggested that hallucinations are solvable easily – by making sure that answers well-researched.
The Open Source Robotics Foundation (OSRF) this week announced the launch of the similarly named Open Source Robotics Alliance (OSRA).
The new initiative is designed to maintain development for and maintenance of open source robotics projects, with a particular focus on the OSRF’s own robot operating system (ROS).
First released in 2007 by erstwhile Bay Area incubator Willow Garage, ROS has played a foundational role in robotics development for decades.
In a show of support, Nvidia and Qualcomm have both signed on as “Platinum” members for the new alliance, along with Alphabet’s X spinout Intrinsic.
Former Open Robotics CEO Brian Gerkey (who current serves as Intrinsic’s CTO) has been appointed to the OSRA’s board of directors.
Elon Musk’s xAI released its Grok large language model as “open source” over the weekend.
But does releasing the code for something like Grok actually contribute to the AI development community?
This isn’t the first time the terms “open” and “open source” have been questioned or abused in the AI world.
So where does xAI’s Grok release fall on this spectrum?
Is his nascent AI company really dedicated to open source development?
Lago, developer of an open-source billing platform, has picked up the funding across two rounds of funding it’s revealing to coincide with its official launch.
The Lago doing business today as a billing platform got its start in a very classical startup way: it had no idea that it would be a billing platform.
There are even a number of providers already pursuing an open-source approach, including FossBilling, ChargeBee, Kill Bill, AppDirect’s jBilling and the imaginatively named “Open Source Billing.” (Why beat around the bush?)
So it’s an it’s still an unsolved problem.” In Lago’s view, offering open source tools is that best solution to meet a variety of needs and ideas.
For some of those users, the open source ethos also lines up with what they are hoping to espouse themselves as businesses.
Peak XV, the venture firm formerly known as India and Southeast Asia arm of Sequoia, didn’t disclose the size of the new fund.
The new fund, called Peak XV Anchor Fund, will be funded by an internal balance sheet, the source said, requesting anonymity as the matter is private.
The fund will enable Peak XV to “create a global network for learning and collaboration,” the venture firm said, according to the LP source.
The fund will enable Peak XV Partners to have broader skin in the game with its own fund and also explore investment in newer areas, the source said.
With Peak XV Anchor Fund, the venture firm plans to partner with other “managers across regions, strategies and sectors.”Peak XV didn’t immediately respond to a request for comment.
Founded in 2006, over the years Lensrentals got the edge over BorrowLenses, both in terms of number of staff and overall number of customers.
We look forward to all BorrowLenses customers getting to experience what I mean by that,” says Beckman.
Similar to Lensrentals, BorrowLenses boasts an extensive inventory.
BorrowLenses has established a strong presence in certain regions, complementing Lensrentals’ national reach.
Of course, Beckman told TechCrunch that Lensrentals was kept on its toes by the competition from BorrowLenses.
It has heavily invested in its supply chain infrastructure over the years, with a particular focus on reducing delivery times for grocery items.
Quick-commerce accounts for about 40% of the online grocery delivery category, the analysts said.
“Quick commerce with a potential TAM of ~$45 billion (~7% of the grocery market of $620 billion),” they wrote.
We estimate quick-commerce GMV to grow to $6.2 billion by 2025.”Indian news outlet Entrackr first reported some of the details of Flipkart’s instant commerce play Thursday.
We constantly work towards delivering a wide range of products to customers with speed,” a Flipkart spokesperson said.
