TechTaffy

tech:

taffy

GE Aviation, flydubai ink intelligent network software deal

By TechTaffy Desk

GE Aviation and flydubai have inked an agreement for GE to provide Intelligent Network software for recovery of disruptions across the airline’s fleet of Boeing 737 aircraft. The companies earlier launched a digital customer solutions built on GE’s Predix platform in June 2016.

GE Aviation opened the first Middle East Aviation Technology Center in Dubai in 2015. The company also has a digital center in Austin, Texas and foundries in San Ramon, Paris and Shanghai.

[Image courtesy: flydubai]

Just in

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.