This week in COSS: On the funding front, Databricks raised $3 billion at a $188 billion valuation, extending its position as one of the most highly valued private companies in AI, while MyDecisive emerged from stealth with $12 million in seed funding and launched SmartHub, its open-source foundation for enterprise IT operations, alongside Octant, a commercial product suite built on that platform.
On the M&A and partnership front, Prefect acquired Dagster Labs to combine their open-source orchestration platforms, Aiven acquired Flow AI to bring agent infrastructure closer to production data, TrueFoundry acquired Seldon's business and customers to create a unified control plane for enterprise AI, and Vercel acquired Stakpak.
In other news, the eBPF Foundation added Meta and Toyota as new members, Nvidia announced an open-source security partnership to address rogue AI agents, Mattermost and Virtru announced a strategic partnership in defense technology, and Moonshot AI's Kimi K3 launch was so popular it exhausted GPU capacity and forced the company to pause new subscriptions within 48 hours.
We also feature the following companies in Cossmology: authentik, Diagrid, HyperDX, MyDecisive, Seldon, Stakpak, Subtrace, TinaCMS, Tiptap, and Whereobots.
COSS Insights
Battle of the Software Acronyms: BYOC Is Beating SaaS, but the Winner is COSS
By Heather Meeker
COSS Headlines
Databricks hits $188B valuation, extending its run as AI's favorite second act
Companies mentioned: Databricks
Funding · TechCrunch
Moonshot launched Kimi K3. Then demand shut down subscriptions in 48 hours.
Companies mentioned: Moonshot AI
OSS News & Views · The New Stack
Is open source the answer to rogue AI agents? Nvidia's new alliance says yes
Companies mentioned: Hugging Face, Thinking Machines Lab
Announcement · ZDNET
MyDecisive Raises $12 Million And Exits Stealth With Open-Source AI DevOps Platform
Companies mentioned: MyDecisive
Funding · Pulse 2.0
TrueFoundry + Seldon: Unified Control Plane for Enterprise AI
Companies mentioned: Seldon
Announcement · TrueFoundry Blog
Prefect acquires Dagster Labs
Companies mentioned: Prefect
Announcement · Prefect
Aiven Acquires Flow AI to Bring Agent Infrastructure Closer to Production Data
Companies mentioned: Aiven
Announcement · Aiven Blog
Mattermost and Virtru Announce Strategic Partnership in Defense Technology
Companies mentioned: Mattermost, Virtru
Announcement · Mattermost
eBPF Foundation Adds Meta and Toyota As New Members
Companies mentioned: Isovalent
Announcement · The Linux Foundation Newsroom
Stakpak acquired by Vercel
Companies mentioned: Vercel, Stakpak
Announcement · George Fahmy LinkedIn
Featured COSS Companies
MyDecisive
AI DevOps platform for telemetry control
Seldon
Kubernetes-native MLOps deployment platform
Diagrid
Agentic durable execution platform
Stakpak
Autonomous DevOps agent that runs locally
TinaCMS
Open-source headless CMS with Git integration.
Tiptap
Headless and open-source editor framework
authentik
Open-source identity provider for secure access.
Whereobots
Spatial data ETL, analytics, and AI platform
HyperDX
Open-source full-stack observability platform.
Subtrace
Network monitoring tool for HTTP requests.
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