Linux Foundation Launches Open Source Valkey Community (Alternative to Redis)
vanderbilt, 
They chose an interesting time to switch licensing. MS introduced Garnet, and now the LF has Valkey as a direct descendent. Strange times ahead.
ericjmorey, (edited ) 
From my understanding Redis hasn’t been libre software since 2018 so the new competition from Microsoft might be a driver for the licensing decision.
Sekki, Just FYI Drew DeVault also started a fork recently codeberg.org/redict/redict/
Sims, Had no knowledge of what Valkey or Redis was, so: ‘Valkey, an open source alternative to the Redis in-memory, NoSQL data store.’
At least that helped me a bit ;-)
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