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The Linux Foundation announced the launch of Valkey, a new open source project aimed at developing an alternative to the popular Redis in-memory, NoSQL data store. Supported by major cloud service providers including AWS, Google, and Oracle, Valkey is positioned as a fork of Redis, with ongoing development hosted by the Linux Foundation. The initiative has garnered attention due to the commercial benefits these companies have derived from the original Redis open-source project, as noted by Redisinc CEO Rowan Trollope. The move to create Valkey within a foundation has been seen as a significant step in the evolution of open source data storage solutions.