tech:

taffy

IBM Opens New Indian Office, Says 40 More By 2013

By Adam E. John

IBM has opened a new branch office in Indore, Madhya Pradesh in central India. The new office is one of IBM’s 15 branches across the country and is part of IBM’s ongoing investment in India covering the creation of new facilities, offices, training and recruitment, sales and marketing and corporate citizenship, said the company.

IBM currently is focused on increasing its presence in smaller cities across India and to establish a footprint in over 40 Indian cities by 2013.

IBM is engaged with clients and partners across multiple industries in the central Indion region such as automotive, pharmaceutical, food production, software development, retail, textile and public sector. IBM’s customers in the region include food manufacturers Sonic Biochem and Everfresh Bakeries as well as textile manufacturing company Pratibha Syntex.

IBM’s partnership with Sonic Biochem Extractions, an important manufacturer and exporter of soya products, for example,  includes a 10-year outsourcing contract under which IBM is responsible for the hosting and management of Sonic Biochem’s entire IT infrastructure including servers, storage, network equipment and security solutions.

(Adam E. John is consulting editor with techtaffy.com. He can be reached at [email protected])

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.