Get the latest tech news
Open source projects draw equity-free funding from corporates, startups, and even VCs
A dearth of funding for vital open source tech is leading to a swathe of support from startups, corporations, and even VC firms.
Image Credits: Sequoia Capital (opens in a new window) Chatbot Arena, which spun out of a broader research organization called LMSYS, is the handiwork of doctorate students Wei-Lin Chiang and Anastasios Angelopoulos from Berkeley’s Sky Computing Lab. In tandem, Berkeley’s Sky Computing Lab also birthed vLLM in 2022, spearheaded by researchers Zhuohan Li, Woosuk Kwon, and Simon Mo, who started the project after developing a system to distribute complex processes across multiple GPUs more efficiently. There have been numerous other efforts to formalize open source project financing in the past five years alone, including dedicated FOSS funds from Indeed and Salesforce, a tacit acknowledgment that critical components of the tech stack are crying out for support.
Or read this on TechCrunch
