tech:

taffy

BNY Mellon Launches Asset Strategy View Big Data Solution For Money Managers

Investment management behemoth BNY Mellon has launched Asset Strategy View ‘big data’ solutions that leverages proprietary aggregated client data to generate market intelligence around institutional investor allocations and behavior.

Designed for large multi-strategy money managers, Asset Strategy View delivers various aggregate levels of asset owner allocations and capital flows to provide insight into market trends and investor activity, according to a statement by the company. The service collects, aggregates, and normalizes data on more than $1.7 trillion in assets, representing about 20% of the investable asset owner market in the U.S.

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.