This week in COSS: The acquisition trend continued as Qualcomm agreed to acquire Modular for nearly $4 billion, Cursor quietly acquired open-source coding assistant Continue, and Elastic acquired AI SRE startup Deductive AI for up to $85 million.
In funding news, DeepSeek closed over $7 billion in funding, Timefold raised a $13M Series A for its scheduling optimization platform, and Moonshot AI has reportedly sought a $30 billion valuation in new funding talks.
In other announcements, Sentient Foundation committed $42 million to advance open-source AGI, Daytona announced it is going closed source, Vercel launched eve (an open-source agentic framework), Zilliz launched Vector Lakebase, Upbound open-sourced Modelplane (a control plane for AI inference), Bluesky COO Rose Wang discussed AI and the company's open-source approach, and ClickHouse announced Silk, a new fiber runtime.
We also feature the following companies in Cossmology: ArcadeDB, Proton, HitKeep, Passbolt, Nirmata, Paper Compute Co., Plastic Labs, DuckLabs, Blacksky Algorithms, and Earendil Works.
COSS Headlines
Cursor quietly acquires Continue, an open-source alternative to GitHub Copilot
Companies mentioned: Continue
Announcement · The New Stack
Introducing Modelplane: the control plane for AI inference
Companies mentioned: Upbound
Announcement · Modelplane Blog
'AI is taking away what makes us human' says social media boss
Companies mentioned: Bluesky
Media Mention · Metro
DeepSeek closes $7bn-plus round with an unusual structure
Companies mentioned: DeepSeek
Funding · The Next Web
Elastic reportedly acquires site reliability engineering startup Deductive AI
Companies mentioned: Elastic
Announcement · SiliconANGLE
Vercel launches eve, an open-source framework that treats agents as directories
Companies mentioned: Vercel
Announcement · The New Stack
Zilliz Launches Vector Lakebase, Extending the World's Most Adopted Vector Database into a Unified Data Platform for AI
Companies mentioned: Zilliz
Announcement · Zilliz Newsroom
Daytona is going closed source. Here's why.
Companies mentioned: Daytona
Announcement · daytona.io
Qualcomm to Acquire Modular
Companies mentioned: Modular
Announcement · Modular Blog
Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion
Companies mentioned: Modular
Announcement · WIRED
Announcing Silk: a silky smooth fiber runtime for ClickHouse
Companies mentioned: ClickHouse
Announcement · ClickHouse Blog
Timefold Raises $13M Series A for Scheduling and Routing APIs
Companies mentioned: Timefold
Funding · Timefold Blog
China's Moonshot AI Seeks $30 Billion Valuation in New Funding Talks
Companies mentioned: Moonshot AI
OSS News & Views · Bloomberg
Sentient Foundation Commits $42 Million to Advance Open Source AGI
Companies mentioned: Sentient Foundation
Announcement · Sentient Foundation News
Featured COSS Companies
ArcadeDB
Open-source multi-model database supporting graphs, documents, key-value, time-series, and vectors in a single engine.
Proton
Open-source encrypted privacy suite
HitKeep
Privacy-first open-source web analytics
Passbolt
Open source password manager for teams
Nirmata
Kubernetes policy-as-code governance
Paper Compute Co.
AI agent telemetry and runtime infra
Plastic Labs
Open-source memory infra for AI agents
DuckLabs
Enterprise support for DuckDB & DuckLake
Blacksky Algorithms
Decentralized community infrastructure platform
Earendil Works
Open source AI coding agent toolkit
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