COSS Weekly: Databricks acquires Electric, Stripe reportedly acquires OpenRouter, Temporal in talks for $500M, and more
This week in COSS: Dash0 acquired Polar Signals, while Stripe reportedly reached a deal to acquire OpenRouter for more than $7 billion; Dynatrace acquired Arize, and Databricks acquired Electric. Temporal is reported to be in talks to raise about $500 million at a $12 billion pre-money valuation, and Synthefy announced a $6.5 million seed round led by Wing Venture Capital. In other news, Modular…
This week in the world of AI and data:
Databricks made waves by acquiring Electric, bringing a new tool to the table for AI agent sandboxes. Concurrently, Stripe reportedly inked a deal to acquire OpenRouter for over $7 billion. Temporal is reportedly in negotiations for a significant $500 million round at a $12 billion pre-money valuation.
In other significant moves, Modular has decided to open-source its Mojo programming language under Apache 2.0, adhering to LLVM exceptions. TrueFoundry has launched TrueForge, an open-source, vendor-neutral alternative to Claude Managed Agents. DeepSeek has launched its MIT-licensed, plugin-based agent harness alongside DeepSeek-V4-Pro.
Cosmology features a diverse range of companies including Akon Labs, CrewAI, Predibase, Resemble AI, Sourcegraph, Synthefy, TrueFoundry, VeloDB, VictoriaMetrics, and ZenStack.
Written by urgent.news from Dev.to's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
