AWS Transfers OpenSearch Stewardship to Linux Foundation

Amazon is transferring its OpenSearch platform to the Linux Foundation’s new OpenSearch Software Foundation. By handing a third-party the open-source project it has developed internally since 2021, Amazon hopes to accelerate collaboration in data-driven search and analytics, an area of focus due to the proliferation of model training. Not to be confused with commercial search (Google, Bing), engines like OpenSearch are geared toward enterprise and academia. Because it is licensed under Apache 2.0, OpenSearch is a viable starting point for organizations that customize internal platforms for searching, monitoring and analyzing large volumes of data. Continue reading AWS Transfers OpenSearch Stewardship to Linux Foundation

VR Gaming Turns to Cryptocurrencies for Buying Virtual Assets

VR games and cryptocurrencies are joining forces. Social virtual reality company High Fidelity, co-founded by “Second Life” creator Philip Rosedale, began developing a blockchain for in-game cryptocurrency and intellectual protection in 2017. Now the company has debuted Avatar Island, a VR shopping center for avatars created by digital artists around the globe, and will accept payment in a new cryptocurrency running on blockchain. Rosedale notes that Linden Dollar for “Second Life” was one of the first digital goods currencies. Continue reading VR Gaming Turns to Cryptocurrencies for Buying Virtual Assets

DigitalOcean Provides Cloud Services for Smaller Businesses

Cloud computing startup DigitalOcean, based in New York City, is taking on industry leaders Amazon Web Services, Microsoft Azure and Google Cloud by targeting smaller developers and startups. According to CEO and co-founder Ben Uretsky, DigitalOcean is offering simple and flexible solutions for smaller companies that may not necessarily need the same business-class services as larger companies. While it is not currently planning an IPO, DigitalOcean indicates it is on a $175 million annualized run rate (ARR) for this year. Continue reading DigitalOcean Provides Cloud Services for Smaller Businesses