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TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well

TechCrunch

So far, web3 has not paid off on the Promise of the Premise : open source software that runs live on the blockchain. “It’s still much easier to develop a Web 2.0 ” So far, most of the hype for web3 is coming from investors and journalists, so Abbott’s perspective as a developer makes this a useful read. .”

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The Significance of Open Source Software in the Digital-First Future Enterprise

CIO

To become a software-powered organisation, companies must first identify and address the concerns of its developers in areas such as developer experience, developer velocity and software security. For example, close to 60% of respondents are using OSS for Database and 53% for Operating Systems.

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Qdrant, an open source vector database startup, wants to help AI developers leverage unstructured data

TechCrunch

Founded out of Berlin in 2021, Qdrant is targeting AI software developers with an open source vector search engine and database for unstructured data, which is an integral part of AI application development particularly as it relates to using real-time data that hasn’t been categorized or labeled.

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Openbase scores $3.6M seed to help developers find open source components

TechCrunch

In this case, it was finding the right open source components to build his software. It definitely opened doors for us,” he said. As developers build modern software, they often use open source components to help build the application, and Openbase helps them find the best one for their purposes.

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How W4 plans to monetize the Godot game engine using Red Hat’s open-source playbook

TechCrunch

A new company from the creators of the Godot game engine is setting out to grab a piece of the $200 billion global video game market — and to do so, it’s taking a cue from commercial open source software giant Red Hat. “The result is reduced development costs and more freedom to innovate,” Linietsky said.

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Heartex raises $25M for its AI-focused, open source data labeling platform

TechCrunch

Heartex, a startup that bills itself as an “open source” platform for data labeling, today announced that it landed $25 million in a Series A funding round led by Redpoint Ventures. When asked, Heartex says that it doesn’t collect any customer data and open sources the core of its labeling platform for inspection.

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Five big open source gifts from us

David Heinemeier Hansson

Perhaps our most productive one yet, in terms of total number of product improvements, new product developments, and open source extractions. Before I get into the actual open source gifts we were able to share this year, though, I think it’s important to remark on the fact that 37signals is not an open-source software company.