Global prime broker EXANTE has launched Gecko Fund, a €1 million grant programme designed to support open-source software projects that play a critical role in trading systems, financial data infrastructure, and broader financial technology ecosystems. The initiative aims to provide direct funding to maintainers of widely used but often underfunded open-source technologies, including APIs, developer…
Also launches competition to make datacentres more appealing to communities Image: AI Minister Kanishka Narayan Credit:The AI Summit London Speaking at London Tech Week, AI Minister Kanishka Narayan set out new government support for open-source AI developers and projects, alongside plans to rethink datacentre design and clarify rules for workplace robotics. Speaking at The AI…
IBM has committed $5 billion to Project Lightwell, a joint initiative with Red Hat focused on open-source software security. The initiative will involve more than 20,000 engineers and AI tools to identify and fix vulnerabilities in open-source software used in corporate technology environments. IBM senior vice president of software Rob Thomas told Reuters that the…
International Business Machines CEO Arvind Krishna said Anthropic’s Mythos was pivotal in driving the company’s $5 billion investment into a new cybersecurity offering announced Thursday to address vulnerabilities in open-source software. “Mythos was the critical triggering factor on this,” Krishna said in an exclusive interview with CNBC. Open-source models are often used by companies because…
IBM Corp. and its Red Hat subsidiary today launched an initiative called Project Lightwell to improve the security of open-source projects. Project Lightwell is backed by a $5 billion commitment. In addition, IBM and Red Hat will assign more than 20,000 engineers to the initiative. Red Hat, which became part of IBM through a 2019…
Hyundai Mobis headquarters in southern Seoul / Yonhap Hyundai Mobis is accelerating its mobility software development through the adoption of an open-source approach. By publicly releasing internally developed technologies, the company is moving to enable more developers to create value out of Hyundai Mobis’ software and ultimately establish it as an industry standard. To this…
The most important thing to understand about the four AI agent projects generating the most press coverage in mid-2026 is that they are not competing with each other. OpenClaw accumulated more than 370,000 GitHub stars by late May 2026. Hermes Agent, from research lab Nous Research, overtook OpenClaw on May 10 to claim the top…
By Pamela Kumar and Rajiv Khanna For too long, telecommunications remained one of the last major technology sectors resistant to the open-source revolution. Across cloud computing, operating systems, databases, and enterprise networking, open-source software has dismantled proprietary monopolies, enabled thriving competitive ecosystems, and transferred enormous value from incumbents to innovators. Telecom held out — not…
Over 4,600 web accessibility lawsuits were filed in US federal courts in 2024. The European Accessibility Act took effect in June 2025, extending legal obligations to businesses trading across Europe. And WCAG 2.2 is now the baseline standard referenced in most audits, procurement requirements, and legal claims. If you are building or maintaining websites in…
Stay up to date with everything that is happening in the wonderful world of AM via our LinkedIn community. Sunnyday Technologies is releasing M3-CRETE, a fully open-source concrete 3D printer built for field deployment and research validation. The project sits alongside CEMFORGE, Sunnyday Technologies’ AI-driven concrete formulation platform, which the firm positions as a mix-design…
