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BrainChip appoints M. Anthony Lewis as CTO

Laguna Hills, CA-based neuromorphic AI technology company BrainChip has announced M. Anthony Lewis as the company's new chief technology officer.

Alibaba Cloud, MDEC launch Malaysia City Brain initiative for smart governance

Alibaba Cloud, the cloud computing arm of Alibaba Group, has launched the Malaysia City Brain initiative, in collaboration with the Malaysia Digital Economy Corporation and Dewan Bandaraya Kuala Lumpur.

World Economic Forum: Young Global Leaders Phone Apps Initiative

A group of ‘Young Global Leaders’ will pilot a non-profit initiative this spring, which aims to give the 1 billion mobile phone users living...

CADDi raises $89M

Chicago, IL-based CADDi, a procurement solutions provider for the manufacturing industry, has raised a $89 million Series C funding round.

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.