Synadia backs down from CNCF trademark dispute
Today: A deep dive into a dispute between the backers of NATS and the CNCF, which is just the latest example of changing norms in open-source software, and the latest funding rounds in enterprise tech.
Red Hat is probably the most successful open-source enterprise software company in the history of tech. For many years that success has existed in tension with the open-source software community, and this summer that tension rose to a new level.
The startup has raised $18 million in funding to create a private beta of what Jacob called a "simulator" that models a company's tech infrastructure — on either cloud services or on-premises servers — using digital twins technology.
CoreWeave, which started out as a cryptocurrency mining operation, is taking a fresh approach to cloud services: It is focused on delivering the raw ingredients for the generative AI boom at extremely competitive prices.