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AI and data infrastructure drives demand for open source startups
A new report suggests growing demand for startups developing open source technologies for AI and data infrastructure.
It’s difficult to properly compare the 2023 index with the previous year from a vertical perspective, due largely to the fact that businesses often pivot or change their product-positioning to suit what’s hot today. A degree of manual curation is involved here, too, given that the goal is to eke out open source “startups” specifically — so the Runa investment team pulls out projects that belong to a “product-focused commercial organization,” and it has to have been founded fewer than ten years ago with less than $100 million in known funding. “Such licenses maintain the OSS spirit — all its freedoms, except for slightly limited redistribution, which does not affect developers but grants original vendors a long-term competitive edge,” Konstantin Vinogradov, Runa Capital’s London-based general partner, explained to TechCrunch.
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