tech:

taffy

AOL Hires New Agency, Industry Relations Head

[Techtaffy Newsdesk]

AOL has appointed Jack Bamberger as Head of Agency and Industry Relations. Mr. Bamberger will work with AOL’s largest advertising customers, the holding companies and advertising agencies.

Mr. Bamberger will be responsible for advancing AOL’s advertising partnership efforts, building creative solutions across platforms and identifying new revenue opportunities for agencies and their clients. He will also drive AOL’s industry relationships with the 4A’s, IAB, AAF, ANA; and lead AOL’s Digital Content NewFront. Mr. Bamberger, who will be based in New York, will report to Jim Norton, Senior Vice President, AOL Advertising.

Prior to joining MEC, Mr. Bamberger was at Dentsu America where he was Chief Consumer Engagement Officer. Prior to this, he worked as Chief Client Officer at appsavvy. He was also EVP of Katalyst, hired by co-founders Ashton Kutcher and Jason Goldberg to create and implement the company’s future digital strategy. Mr. Bamberger also led Corporate Sales at Meredith. Earlier in his career, he worked at Gruner + Jahr USA, Industryclick.com and Time Warner.

Mr. Bamberger is a graduate of the University of Missouri-Columbia’s School of Journalism, and resides in Manhattan with his partner and son.

 

Just in

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.