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IBM announces new chairman for Europe, Middle East and Africa

Ana Paula Assis, general manager IBM Europe, Middle East & Africa, will take on the expanded role of chairman Europe, Middle East & Africa, says IBM. Ms. Assis will be succeeding Martin Jetter, who is retiring from the company after 36 years.

In addition to her current responsibility for IBM’s business operations, client satisfaction and employee engagement in Europe, Middle East and Africa, Mrs. Assis will also be responsible for IBM’s relationship with the European Union as well as other institutions across the region, says IBM.

Mrs. Assis graduated in Computer Science and holds a post degree in business management by FGV and an MBA by Fundação Dom Cabral.

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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.