TechTaffy

tech:

taffy

IBM Opens Fifth Mexican Branch In Toluca

By TechTaffy Desk

[Techtaffy Newsdesk]

IBM has opened a new branch office in Toluca – Mexico’s fifth largest city.

Located in the Central-South region of Mexico, the Toluca office represents an investment of approximately $ 4 million and becomes IBM’s fifth office in the country after those in Mexico City, Guadalajara, Monterrey and Querétaro.

The new office represents IBM’s continued investment in Mexico, where the company expects to deepen its presence in line with increased demand for IT services and products.

With over 85 years in Mexico, IBM says it is actively investing in its Mexican operations – putting in place advanced infrastructure for service delivery, enhancing its manufacturing capabilities and expanding its footprint in high-growth locations.

[Image courtesy: Wikipedia]

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.