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.
Companies mentioned: Continue Announcement · The New Stack
Companies mentioned: Upbound Announcement · Modelplane Blog
Companies mentioned: Bluesky Media Mention · Metro
Companies mentioned: DeepSeek Funding · The Next Web
Companies mentioned: Elastic Announcement · SiliconANGLE
Companies mentioned: Vercel Announcement · The New Stack
Companies mentioned: Zilliz Announcement · Zilliz Newsroom
Companies mentioned: Daytona Announcement · daytona.io
Companies mentioned: Modular Announcement · Modular Blog
Companies mentioned: Modular Announcement · WIRED
Companies mentioned: ClickHouse Announcement · ClickHouse Blog
Companies mentioned: Timefold Funding · Timefold Blog
Companies mentioned: Moonshot AI OSS News & Views · Bloomberg
Companies mentioned: Sentient Foundation Announcement · Sentient Foundation News
Open-source multi-model database supporting graphs, documents, key-value, time-series, and vectors in a single engine.
Open-source encrypted privacy suite
Privacy-first open-source web analytics Open source password manager for teams
Kubernetes policy-as-code governance AI agent telemetry and runtime infra
Open-source memory infra for AI agents
Enterprise support for DuckDB & DuckLake
Decentralized community infrastructure platform
Open source AI coding agent toolkit