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PTC, Rockwell Automation extend partnership to advance IoT and AR in manufacturing

PTC and Rockwell Automation are extending their collaboration, focusing on promoting the adoption of Internet of Things (IoT) and Augmented Reality (AR) software by manufacturing businesses.

PTC to acquire ServiceMax for $1.46B

PTC has signed a definitive agreement to acquire ServiceMax for $1.46 billion from Silver Lake.

Crypto giant files for bankruptcy as CEO resigns in a stunning downfall — CNN

FTX Group has filed for bankruptcy in the United States and that its CEO has resigned, marking a stunning downfall for one of the...

Cloudflare’s CAPTCHA replacement lacks crosswalks, checkboxes, Google — Ars Technica

The cloud services company is offering up a free CAPTCHA alternative, Turnstile, available to anyone, Cloudflare customer or not, writes Kevin Purdy. Here is the...

PTC appoints Craig Melrose to lead digital transformation solutions org

Craig Melrose has been appointed as the executive vice president of PTC's digital transformation solutions organization.

Recent posts

Series A

Tembo raises $14M

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

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. 
Fundings

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.
Around the web

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. 
IT

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.