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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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Oracle and Google’s Supreme Court showdown was a battle of metaphors

The Verge

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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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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Fast, Low-Cost Inference Offers Key to Profitable AI

NVIDIA AI Blog

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

Profit 135
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Cockroach Labs scores $160M Series E on $2B valuation

TechCrunch

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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This is the beginning of the unbundled database era

TechCrunch

Ethan Batraski is a partner at Venrock and focuses on data infrastructure, open source and developer tools. Today, thanks to the cloud, microservices, distributed applications, global scale, real-time data and deep learning, new database architectures have emerged to solve for new performance requirements. Ethan Batraski.

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ForgeRock files for IPO as identity and access management business grows

TechCrunch

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.