COSS Weekly: Toyota invests in TIER IV, Ricoh invests in Weaviate, Databricks tops 80% revenue growth, and more

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This week in COSS: Databricks reported annualized revenue of $6.9 billion — up over 80% year-over-year — and announced plans to acquire Panther, an AI SOC platform, further expanding its security lakehouse ambitions. Toyota took a 1% stake in autonomous driving startup TIER IV with a technology collaboration MoU; Ricoh invested in vector database startup Weaviate through its RICOH Innovation Fund; and Ant Group's international arm is reportedly considering a $1 billion fundraise.

Vercel launched eve, an open-source agent framework; Chainguard committed $50 million and 100 engineers to securing open source from emerging AI-era threats; OpenCode reached 8 million monthly active users and projects $25 million in annual revenue; Element was recognized as a Digital Public Good; Unleash announced it is moving its open-source core to AGPLv3; ClickHouse celebrated ten years in open source; Aptean acquired ROTOR Software GmbH to expand its dealer management systems offerings; and Nextcloud CEO Frank Karlitschek spoke with Computerworld about digital sovereignty and the growing geopolitical relevance of open source.

We also feature the following companies in Cossmology: Aikido Security, Blaxel, InsForge, Kernel, Moonshot AI, ParadeDB, Robusta, RudderStack, T3 Chat, and Tesseral.

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COSS Weekly: Toyota invests in TIER IV, Ricoh invests in Weaviate, Databricks tops 80% revenue growth, and more

COSS Headlines

Toyota takes Tier IV stake, MoU in regional autonomy push | Automotive World

Evolving Our Open Source Commitment: Unleash is Moving to AGPLv3

Ricoh invests in AI-native vector database startup Weaviate through the RICOH Innovation Fund

Ten years of ClickHouse in open source

Ant Group Looks to Raise $1 Billion For International Growth

Introducing eve, an open-source agent framework

OpenCode Hits 8M Users, a Year from a Toronto Meetup

Aptean Acquires ROTOR To Expand Dealer Management Systems Offerings

Chainguard commits $50M and 100 engineers to save open source from Mythos.

Databricks Agrees to Acquire Panther, Further Establishing the Security Lakehouse Category

Databricks revenue growth tops 80% to $6.9 billion annualized

Element recognised as a Digital Public Good

Nextcloud CEO: Open source moves from 'a nerdy audience' to the geopolitical stage

Featured COSS Companies

Moonshot AI

Aikido Security

Blaxel

T3 Chat

InsForge

Kernel

ParadeDB

RudderStack

Robusta

Tesseral

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