tech:

taffy

GE, Oracle Inks Industrial Internet Partnership

GE and Oracle have inked a strategic partnership focused on building a platform for companies to digitally connect industrial assets across the world. Through this collaboration, the two companies will develop and integrate complementary solutions across their product portfolios. The solution will bring together GE’s Predix platform, used for developing, deploying, operating and monetizing Industrial Internet applications  and Oracle’s enterprise solutions, including the company’s cloud platform and applications, as well its ERP and supply chain management applications.

GE Digital and Oracle will bring their partner ecosystems together to train, certify and implement powered by Predix solutions with Oracle’s Cloud offerings, say the companies.

[Image courtesy: GE]

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.