{"slug": "coss-weekly-timefold-raises-13m-continue-dev-acquired-by-cursor-modular-acquired", "title": "COSS Weekly: Timefold raises $13M, Continue.dev acquired by Cursor, Modular acquired by Qualcomm, and more", "summary": "Qualcomm agreed to acquire Modular for nearly $4 billion, while Cursor quietly acquired open-source coding assistant Continue and Elastic acquired AI SRE startup Deductive AI for up to $85 million. DeepSeek closed over $7 billion in funding, Timefold raised a $13M Series A, and Moonshot AI reportedly sought a $30 billion valuation. Sentient Foundation committed $42 million to advance open-source AGI, Daytona announced it is going closed source, Vercel launched an open-source agentic framework, Zilliz launched Vector Lakebase, Upbound open-sourced Modelplane, and ClickHouse announced Silk.", "body_md": "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.\n\nIn 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.\n\nIn 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.\n\nWe also feature the following companies in Cossmology: ArcadeDB, Proton, HitKeep, Passbolt, Nirmata, Paper Compute Co., Plastic Labs, DuckLabs, Blacksky Algorithms, and Earendil Works.\n\n**Companies mentioned:** [Continue](https://cossmology.com/organizations/continue)\n\n*Announcement · The New Stack*\n\n**Companies mentioned:** [Upbound](https://cossmology.com/organizations/upbound)\n\n*Announcement · Modelplane Blog*\n\n**Companies mentioned:** [Bluesky](https://cossmology.com/organizations/bluesky)\n\n*Media Mention · Metro*\n\n**Companies mentioned:** [DeepSeek](https://cossmology.com/organizations/deepseek)\n\n*Funding · The Next Web*\n\n**Companies mentioned:** [Elastic](https://cossmology.com/organizations/elastic)\n\n*Announcement · SiliconANGLE*\n\n**Companies mentioned:** [Vercel](https://cossmology.com/organizations/vercel)\n\n*Announcement · The New Stack*\n\n**Companies mentioned:** [Zilliz](https://cossmology.com/organizations/zilliz)\n\n*Announcement · Zilliz Newsroom*\n\n**Companies mentioned:** [Daytona](https://cossmology.com/organizations/daytona)\n\n*Announcement · daytona.io*\n\n**Companies mentioned:** [Modular](https://cossmology.com/organizations/modular)\n\n*Announcement · Modular Blog*\n\n**Companies mentioned:** [Modular](https://cossmology.com/organizations/modular)\n\n*Announcement · WIRED*\n\n**Companies mentioned:** [ClickHouse](https://cossmology.com/organizations/clickhouse)\n\n*Announcement · ClickHouse Blog*\n\n**Companies mentioned:** [Timefold](https://cossmology.com/organizations/timefold)\n\n*Funding · Timefold Blog*\n\n**Companies mentioned:** [Moonshot AI](https://cossmology.com/organizations/moonshot-ai)\n\n*OSS News & Views · Bloomberg*\n\n**Companies mentioned:** [Sentient Foundation](https://cossmology.com/organizations/sentient-foundation)\n\n*Announcement · Sentient Foundation News*\n\nOpen-source multi-model database supporting graphs, documents, key-value, time-series, and vectors in a single engine.\n\nOpen-source encrypted privacy suite\n\nPrivacy-first open-source web analytics\n\nOpen source password manager for teams\n\nKubernetes policy-as-code governance\n\nAI agent telemetry and runtime infra\n\nOpen-source memory infra for AI agents\n\nEnterprise support for DuckDB & DuckLake\n\nDecentralized community infrastructure platform\n\nOpen source AI coding agent toolkit", "url": "https://wpnews.pro/news/coss-weekly-timefold-raises-13m-continue-dev-acquired-by-cursor-modular-acquired", "canonical_source": "https://dev.to/sabirchinstrap/coss-weekly-timefold-raises-13m-continuedev-acquired-by-cursor-modular-acquired-by-qualcomm-2nan", "published_at": "2026-06-30 07:00:00+00:00", "updated_at": "2026-06-30 07:19:09.810134+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-startups", "ai-tools", "ai-infrastructure"], "entities": ["Qualcomm", "Modular", "Cursor", "Continue", "Elastic", "Deductive AI", "DeepSeek", "Timefold"], "alternates": {"html": "https://wpnews.pro/news/coss-weekly-timefold-raises-13m-continue-dev-acquired-by-cursor-modular-acquired", "markdown": "https://wpnews.pro/news/coss-weekly-timefold-raises-13m-continue-dev-acquired-by-cursor-modular-acquired.md", "text": "https://wpnews.pro/news/coss-weekly-timefold-raises-13m-continue-dev-acquired-by-cursor-modular-acquired.txt", "jsonld": "https://wpnews.pro/news/coss-weekly-timefold-raises-13m-continue-dev-acquired-by-cursor-modular-acquired.jsonld"}}