tech:

taffy

Leidos awarded Social Security Administration IT contracts

Leidos has been selected by the Social Security Administration (SSA) to support its Office of Software Engineering (OSE) and the Disability Case Processing System (DCPS). These two task orders were awarded under its new IDIQ Information Technology Support Services Contract (ITSSC) with SSA.  The two task order awards have a combined potential value of $639 million, with a base period through the end of September, 2018 and four one-year options following to support SSA through 2022.

Under the OSE task order, Leidos will support lifecycle activities for software improvement and web/interface design including design alternatives, user-centered design, development, integration, implementation, and deployment for waterfall, hybrid and agile methodologies, the company said in a statement.

[Image courtesy: Leidos]

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.