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Stock impact report

AI and data infrastructure drives demand for open source startups [TechCrunch]

MongoDB, Inc. - Class A (MDB) 
Last mongodb, inc. - class a earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.mongodb.com/investor-relations
Company Research Source: TechCrunch
A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital , the venture capital (VC) firm that upped sticks from Silicon Valley and moved its HQ to Luxembourg in 2022, has published the Runa Open Source Startup ( ROSS ) Index for the past four years , shining a light on the fastest-growing commercial open source software (COSS) startups. The company publishes quarterly updates, however last year it produced its first annual report taking a top-down view of the whole of 2022 — something it's repeating now for 2023. Trends Data is closely aligned with AI because AI relies on data for learning and making predictions, and this requires infrastructure to manage the collection, storage, and processing of that data. And these tangential trends collided in this report. Hitting top-spot in the ROSS Index for last year was LangChain , a two-y Show less Read more
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