Here's the one-hundred fifty-fifth issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every weekend by the team at OSS Capital, creators and stewards of COSS Community and Open Core Summit.
We deliver only the most fresh 😋 news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).
Last week saw a $1B valuation for 01.AI and $500M in funding for Aleph Alpha, the release of the Hoppscotch desktop app, a major Google AI report, 70K stars for Tauri, and more!
Enjoy!
💰 COSS Funding: $500M
- 01.AI, building an open rival to Chat GPT, announced funding at $1B valuation led by Alibaba Cloud. Link
- Aleph Alpha, providing sovereign AI solutions, announced their $500M Series B led by Innovation Park Artificial Intelligence, Bosch Ventures, and Schwarz Group. Link
- JJ --- e/acc: "Huge congrats to @JonasAndrulis on this great milestone of $500M in fresh capital for @Aleph__Alpha ... @OSSCapital is proud to be an early investor." Link
📚 COSS Content
Tauri: "Thankyou to all the contributors and to the amazing Tauri Working Group and to you." Link
JJ --- e/acc: "When journalists start saying Open Weights AI instead of Open Source AI, we will have crossed a meaningful and good chasm." Link
Naveen Rao: "Well the belief was fun while it lasted! Sparks don't always lead to fire I guess" Link
//Kalos: "The intersection of crypto and AI is most compelling where there are no market incumbents and there is no precedent for what possible and impossible. @ParallelColony will be the edge of the edge for gaming, crypto, and AI. //" Link
Advaith: "At @hoppscotch_io, our goal is to understand our users and their expectations of our community. We also want to explore opportunities for collaboration with our users as we move forward on this journey. Sounds interesting? I would love to chat with you" Link
Jonathan Reimer: "over 10k people now subscribed to opensourcealternative.to to get monthly updates about open source what should we do with this audience?" Link
JJ --- e/acc: "Big fan of the work @NousResearch is doing." Link
Louis FD: "My colleague Nathaniel Simard and myself are done working on one of the cornerstones of the architecture of the Burn Deep Learning framework. Here is a blog post I just wrote about why the new crate Burn-Compute is significant: burn.dev/blog/creating-..." Link
Hoppscotch: "We're launching the Hoppscotch Desktop App! We've been working hard to get this out and we can't wait for you to try out our new Desktop App! Made with love using @TauriApps Download now from hoppscotch.com/download" Link
Liyas Thomas: "Today we're launching our Desktop App at @hoppscotch_io, along with our recent improvements made to the Hoppscotch Cloud, Community, and Enterprise editions. Here's how we got here and where we're going" Link
JJ --- e/acc: "̶D̶i̶g̶i̶t̶a̶l̶ ̶t̶r̶a̶n̶s̶f̶o̶r̶m̶a̶t̶i̶o̶n̶ ̶ Open source transformation" Link
Timur Ercan: "A big thank you to everyone who supported our launch of Single Player Mode on PH 422 upvoted (so far) #3 Product of the day 127 thoughtful comments ~100% user growth MoM: documen.so/open And good vibes all around" Link
OpenBB: "1/ At OpenBB we're charting the stars with the OpenBB Terminal Pro---where investment research meets the transformative power of AI. Read our story here: openbb.co/blog/revolutio..." Link
Liyas Thomas: "Hoppscotch Desktop App is built with performance and security in mind. Hoppscotch is 10x faster than Postman and 6x faster than Insomnia." Link
Liyas Thomas: "Hoppscotch Desktop is a standalone application that can be installed on your computer and used without a browser or extension. No more CORS issues while inspecting locally hosted APIs, no more restrictions to set cookies, etc. DOWNLOAD NOW: hoppscotch.com/download" Link
Sairaj: "How does @Calendly need $350M to build a meeting setter app and still manage to be worse than an open source app that does the same + a lot more for free, ie. @calcom ?" Link
Timur Ercan: "Attention Open Source Nerds: On December 6-7 in San Francisco, the current and next generation of the open source community is coming together at @OpenCoreSummit 2023! We are excited to sponsor this incredible event with @Documenso Grab a Ticket here: documen.so/osc" Link
Liyas Thomas: "Hoppscotch Desktop App is built with @TauriApps, which means it's faster and more responsive than the web app. It also has a smaller footprint, so it takes up less space on your computer." Link
JJ --- e/acc: "Brad literally has no argument here ... he's referring to Zuck's share class control ... but you know what? YES, I trust Zuck more as a human than I do Sam who controls the "non profit", whose controls don't fully kick in btw until the capped profits get paid out to Mr. Brad." Link
💸 COSS Liquidity (M&A + IPOs)
No COSS Liquidity announcements this week.
🛠️ COSS Jobs
- 3,811 jobs and 296 companies hiring! Link
📊 COSS - Public Markets
- $COSS markets up 3.22%last week
- Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
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