Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched a similar initiative dubbed FLOSS/fund, pledging $1 million annually to open source projects. The reason? “A significant portion of our success and growth is owed to FOSS,” Zerodha CTO Kailash Nadh said at the time.
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