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AI development booms as open source startups fill the gap

Dataconomy

Runa Capital’s ROSS Index highlights the growing market for AI and open-source technologies, tracking the rapid expansion of this sector. These efforts showcase the diverse, evolving nature of AI and open-source ventures. It reflects an increasingly vibrant ecosystem fueled by technological advancements.

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After Log4j, Open-Source Software Is Now a National Security Issue

Gizmodo

For years, developers of free, open-source software have been telling anyone who will listen that their projects needs better financial assistance and more oversight. Now, after a number of disastrous incidents involving open-source code, the federal government and Silicon Valley may finally be listening.

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4 moves CIOs should make to achieve a more efficient IT organization

CIO Business Intelligence

Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. Review software licenses and subscriptions Many organizations are over-licensed and oversubscribed on software, pushing costs higher than they need to be. There are several ways to tackle this problem.

Licensing 138
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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

This is particularly important for customer-facing chatbots that might have to answer questions about customers’ financial transactions or medical records. One option, however, is to use open source software. There are a number of models, of various licenses, currently available to the public.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

It is already at work in our business — preventing market interruptions, creating new kinds of intelligence for investors, and stopping financial criminals in their tracks,” Peterson says. billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing.

Financial 116
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Digital identity startup Evernym sells to Avast, looks to bring trust to a decentralized internet

GeekWire

” The 30-person company has worked to create decentralized identifiers for open-source projects and efforts such as International Air Transport Association’s Travel Pass. At the time, the company said it was working with ATB Financial, Barclaycard, Deutsche Telekom, Novartis, CULedger, Irish Life, Telus and the U.S.

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Online romance scammers stole more hearts (and money) in 2020 than 2019

Vox

They’re financially harmed, sometimes to the point of total financial collapse,” Fletcher said. I mean, they copied my picture into their driver’s licenses, into passports. Open Sourced is made possible by Omidyar Network. All Open Sourced content is editorially independent and produced by our journalists.