Latest news with #Quansight
Yahoo
27-05-2025
- Business
- Yahoo
Quansight Transitions to a Public Benefit Corporation (PBC), Reinforcing Commitment to Sustainable Open-Source Software
The new structure ensures long-term support for critical open-source projects while aligning profit with purpose. AUSTIN, Texas, May 27, 2025--(BUSINESS WIRE)--Quansight, a leader in open-source scientific computing and data science, today announced its formal transition from a Limited Liability Company (LLC) to a Public Benefit Corporation (PBC). This legal and structural shift reinforces Quansight's mission to make open-source software (OSS) accessible, sustainable, and community-driven, ensuring that the tools and infrastructure powering global innovation are robust, secure, and accessible. Building on the foundations established at Quansight's not-for-profit Labs division, Quansight PBC will deepen collaboration with companies, governments, and all organizations to sustain OSS infrastructure and tools, particularly in scientific computing and data science. "Transitioning to a Public Benefit Corporation is a natural evolution of our mission at Quansight. For years, we've worked to bridge the gap between open-source communities and the organizations that rely on them. This new structure formalizes our commitment to aligning business success with the long-term sustainability of open-source infrastructure. It ensures that our decisions prioritize the health of the ecosystem, the well-being of maintainers, and the needs of the broader community." Ralf Gommers, Quansight PBC CEO, Technology, SciPy/NumPy Maintainer, Array API Standard Creator A New Chapter: Profit with Purpose By becoming a PBC, we have codified our mission into our charter: "To work with companies, governments, and organizations of all kinds to support making open source software and infrastructure accessible, sustainable, and community-driven to advance discovery and innovation." As such, our corporate decisions must align with that mission and balance the interests of our primary stakeholders: community members, customers, employees, and shareholders. As a PBC, Quansight commits to: Prioritizing public benefit alongside financial returns, as highlighted in its charter. Scaling support for OSS maintainers, projects, and communities. Collaborating with industry leaders to ensure corporate reliance on OSS translates into sustainable backing. Continue championing our core values of collaboration, equity, transparency, and inclusiveness. "By becoming a Public Benefit Corporation, we're reinforcing our commitment to equitable, inclusive, and community-driven innovation and open source development. It will also allow us to scale our impact and work with more organizations towards building a sustainable open source ecosystem where maintainers thrive, open infrastructure is robust and secure, and open source is a collective responsibility." Tania Allard, Quansight PBC CEO, Impact, PSF board vice chair, Jupyter Distinguished Contributor, conda and conda-forge steering council member. Why This Matters Open-source software is the backbone of modern discovery—from AI to healthcare—yet its maintenance is often underfunded and undervalued, with critical projects relying on volunteer efforts. Quansight PBC addresses this by: Monetizing expertise through mission-aligned consulting and training services. Advocating for ethical corporate sponsorship and participation in OSS by actively engaging and collaborating with corporate organizations. Sustaining open source projects and communities, and securing grants to fund OSS. Creating opportunities for new contributors through its OSS internship program. Supporting underserved community OSS projects through an Open Source Fund. "Quansight was founded with the goal of connecting open source communities and organizations that rely on them. We have long stood for both business and community success, believing that open source software should be nurtured and elevated as a public good. Becoming a Public Benefit Corporation embeds that belief into our legal DNA. It empowers Quansight PBC to lead with purpose, to collaborate across industry and academia, and to ensure that open source remains sustainable for the long haul. This transition isn't a change in direction—it's a deeper commitment to and expansion of the values we've held from day one." Travis Oliphant, Quansight, OpenTeams and Anaconda Founder, NumPy, SciPy, and Numba Creator. About Quansight PBC Quansight is a Public Benefit Corporation dedicated to sustaining open-source software for scientific and societal advancement. It supports projects like NumPy, pandas, and Jupyter through consulting, training, and community-driven development, ensuring they remain accessible and community-driven. Visit to learn more and explore our initiatives in the Quansight Labs Annual Report (2024). View source version on Contacts Rich MyersRMyers@ Sign in to access your portfolio
Business Wire
05-05-2025
- Business
- Business Wire
Quansight Acquires Cobalt Speech and Language, Expanding AI Capabilities in Voice and Language Technologies
AUSTIN, Texas--(BUSINESS WIRE)--Quansight, a leading innovator in AI/ML solutions and open-source technologies, today announced its acquisition of Cobalt Speech and Language, a premier provider of custom speech and language technology founded by voice recognition pioneer Jeff Adams. This strategic acquisition enhances Quansight's ability to deliver cutting-edge, production-grade AI systems, especially in voice-based applications for enterprise and embedded systems. Founded in 2014, Cobalt has earned a reputation for its deep expertise in automatic speech recognition (ASR), natural language understanding (NLU), and custom voice solutions across dozens of languages. Cobalt's clients span defense, healthcare, call centers, and industrial automation, benefiting from its high-accuracy, privacy-conscious deployments. 'Joining forces with Quansight marks an exciting new chapter for Cobalt,' said Jeff Adams, CEO of Cobalt Speech and Language. 'We've always focused on delivering highly customized speech and language tools that work in the real world, not just in the lab. With Quansight's complementary strengths in AI platforms, open-source infrastructure, and data science, we're well positioned to accelerate innovation and deliver even more impactful voice-enabled solutions.' 'Cobalt brings a remarkable team and deep technical expertise to Quansight,' said Travis Oliphant, CEO of Quansight. 'Jeff Adams and his team have built some of the most robust speech systems in the industry. Their work aligns perfectly with our vision of delivering trustworthy, open, and adaptable AI solutions. We're thrilled to welcome them to the Quansight family.' The acquisition supports Quansight's broader strategy of delivering custom AI stacks that organizations can fully own and control, freeing them from vendor lock-in and enabling long-term flexibility and innovation. Cobalt will continue to operate as a distinct team within Quansight, with Jeff Adams continuing to lead speech and language efforts as a strategic advisor. About Quansight Founded by Travis Oliphant, the creator of NumPy and SciPy, Quansight builds AI/ML platforms and custom data solutions rooted in open-source technologies. Quansight's clients span Fortune 500 companies, governments, and startups seeking to harness AI responsibly and sustainably. About Cobalt Speech and Language Cobalt provides high-accuracy, low-latency speech and language technology tailored to enterprise, industrial, and mission-critical applications. The company was founded by Jeff Adams, formerly head of Amazon's original Alexa speech team and a veteran of the speech recognition industry.
Yahoo
28-02-2025
- Business
- Yahoo
OpenTeams Proudly Partners with the Open-Source AI Foundation (O-SAIF) to Promote Safety and Transparency of AI in U.S. Government
WASHINGTON, February 28, 2025--(BUSINESS WIRE)--OpenTeams, an industry leader in tailored, open source AI that protects proprietary data while being flexible, transparent and ethical, is proud to announce its partnership and support of the Open-Source AI Foundation (O-SAIF), a newly-formed advocacy group committed to transparency and accountability in AI systems used by civilian government agencies. O-SAIF aims to educate lawmakers, policymakers and citizens on the risks of using closed-source AI within civilian government agencies. O-SAIF announced last week the launch of its $10 million advertising campaign to inform the public on the dangers of black-box AI. OpenTeams Founder and President, Travis Oliphant, was present at the event. "The possibilities of what we can do with open source programs are endless, and its inherent transparency and auditability are a stark contrast to the black-box AI models currently in use by many major government organizations," said Oliphant. "The future of AI in the US government – and all public sector entities – can and will be rooted in open source." "The future of global conflict is digital, and the greatest threat is no longer combat – it's governmental reliance on black-box AI systems they don't control. Giving commercial AI unprecedented access to sensitive government data, without any oversight as to how it is engineered, creates new risks including cyber warfare, misinformation and strategic destabilization," said Joe Merrill, CEO of OpenTeams. "In the world of AI and large language models, transparency through open source is the only way to protect against bad actors, bias, data exploitation and national security threats. There is absolutely no place for black-box AI in the government." "It's an honor to have OpenTeams joining our coalition of partners working to ensure ethical AI standards for government technology - and such an impactful opportunity for us to have an industry leader like Travis Oliphant joining our board!" said Brittany Kaiser, O-SAIF Chair. OpenTeams, founded by open source pioneer Travis Oliphant, who currently serves as its President, works to bring ethical, transparent and fully customizable AI solutions to companies across the public and private sector. Travis is also the Founder of Quansight and Anaconda, and Creator of NumPy and SciPy. About OpenTeams OpenTeams brings tailored, open source AI to companies in a way that protects their proprietary data while being flexible, transparent and ethical. In partnership with Quansight, the industry-leading open source data, science and engineering firm, we aim to solve the unique, big problems that companies of all sizes and sectors face and eliminate the need for black-box AI. OpenTeams was founded by Travis Oliphant, the open source pioneer and advocate who also founded Quansight and Anaconda, as well as the creator of NumPy and SciPy. We're proud to work with changemakers and visionaries across tech, finance, government and science, including Meta, Google, Amazon, TDK, and numerous government agencies. Learn more at View source version on Contacts Media Contact Profile Advisors(347) 343-2999openteams@ Sign in to access your portfolio
