tech:

taffy

Global Digital Solutions Wins Maintenance Contracts

[Techtaffy Newsdesk]

Global Digital Solutions has won new contract revenues of approximately $223,000. These contract revenues are part of the company’s recurring routine maintenance work. This work consists of  seven infrastructure projects in Northern California and one project in Northern Nevada.

W. J. “Bill” Delgado (President and CEO, Global Digital Solutions): Although these contracts seem smaller in nature, they will collectively contribute, over the year, approximately $2,000,000 of our 2012 projected revenues.

In addition, these routine projects contribute a larger Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin than the larger infrastructure projects, typically in excess of 20%.

Global Digital Solutions provides engineering and consulting services.

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.