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Lenovo Beats Dell to #2 Slot In Worldwide PC Shipments

Lenovo has now surpassed Dell to claim the number two position – its highest rank ever – in worldwide PC shipments, according to preliminary data released by International Data Corporation (IDC).

Following five quarters as the fastest-growing PC maker among the world’s top vendors, the data reports Lenovo achieving market share of approximately 13.7 per cent and quarterly shipment volume of approximately 12.6 million units. “This is the highest rank Lenovo has achieved in worldwide PC sales and, given the current competitive environment, positions the company as a strong challenger to ultimately become the global market leader” said Lenovo’s CEO Yuanqing Yang .

 Yuanqing Yang (CEO, Lenovo): We will continue to invest in innovative products that will help drive the convergence of technologies and services across all four screens – smart phones, tablets, PCs and smart TV.

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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.