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For years, founders and investors in China had little interest in opensource software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds opensource software for processing unstructured data, recently closed a Series B round of $43 million.
Oracle , a decade-long war over the future of software, neared its end in the Supreme Court this week as a battle of metaphors. Oracle covers a complex question : what elements of computer code can be copyrighted, and if that code is covered by copyright, when it’s still legal to use pieces of it under fair use. Alex Castro.
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For Microsoft, Oracle, Perplexity, Snap and hundreds of other leading companies, using the NVIDIA AI inference platform a full stack comprising world-class silicon, systems and software is the key to delivering high-throughput and low-latency inference and enabling great user experiences while lowering cost. With over 1.5
The latest investment was led by Altimeter Capital with participation from new investors Greenoaks and Lone Pine along with existing investors Benchmark, Bond, FirstMark, GV, Index Ventures and Tiger Global. The round doubled the company’s previous valuation and increased the amount raised to $355 million.
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There certainly is a whole lot of room to grow, as the company estimates that the total global addressable market for identity services to be worth $71 billion. . ForgeRock was founded in 2010, but its roots go back even further to an open-source single sign-on project known as OpenSSO that was created by Sun Microsystems in 2005.
Still, it’s one that is supported by OpenSource, adopted by large nonprofit-serving businesses such as Oracle/NetSuite and Unit4, and creating an opening (and teaching tool) for even new-to-nonprofit technology solutions to understand basic service needs for nonprofits as supported by data.
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The Summit welcomed some of the most impressive individuals and organizations in the nonprofit sector, including Boys & Girls Clubs of America , Mary’s Meals, World Central Kitchen, the Ford Foundation, Greenpeace, Save the Children, and more to speak at the event’s global mainstage, in breakout sessions, and on thought leadership panels. .
MySQL, which remains one of the most popular database engines in the world, was first released in the mid-1990s, and Oracle Database, launched more than four decades ago, is still widely used in high-performance corporate environments. Database technology can change the world, but the world in these parts changes very, very slowly.
Ants and camels are famously resilient, but when it was time to select a name for a startup that offers open-source, cloud-based distributed database architecture, you can imagine why “Cockroach Labs” was the final candidate. Image Credits: Nigel Sussman (opens in a new window).
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