IBM and Red Hat commit $5 billion to open-source software security project (heise.de)

• IBM and Red Hat launch Project Lightwell with $5 billion investment.
• Central AI-powered security clearinghouse for open-source components.
• Over 20,000 professionals assigned to the project.
• Financial sector partners include Bank of America, Citi, Goldman Sachs, JPMorganChase, Mastercard, Visa.
• Goal to fix vulnerabilities at the source in open-source software supply chain.

"IBM and Red Hat announced Project Lightwell, a $5 billion initiative to enhance security of open-source software used in AI and enterprise applications. The core is a 'Trusted Open Source Security Clearinghouse' that uses AI to identify and patch vulnerabilities in open-source components. The service will be offered via commercial subscriptions, combining AI-driven analysis with a global network of over 20,000 professionals. Initial partners include major banks and financial institutions such as Bank of America, Citi, Goldman Sachs, JPMorganChase, Mastercard, and Visa."