COSS Weekly: Timefold raises $13M, Continue.dev acquired by Cursor, Modular acquired by Qualcomm, and more

Short summary

Qualcomm acquired Modular for nearly $4B, Cursor quietly acquired open-source coding assistant Continue, and Elastic acquired Deductive AI in a consolidation wave. Major funding rounds: DeepSeek closed $7B+, Timefold raised $13M Series A, Moonshot AI pursued $30B valuation. Infrastructure launches included Vercel's eve agentic framework and Zilliz's Vector Lakebase expansion.

• •Acquisitions: Qualcomm-Modular ($4B), Cursor-Continue, Elastic-Deductive AI
• •Funding: DeepSeek $7B+, Timefold $13M Series A, Moonshot AI $30B valuation target
• •Product launches: Vercel eve framework, Zilliz Vector Lakebase, ClickHouse Silk runtime

Generated with AI, which can make mistakes.