tech:

taffy

Micron Technology Appoints Mark Durcan As CEO

[Techtaffy Newsdesk]

Micron Technology has appointed D. Mark Durcan as CEO of the company. Mr. Durcan will also serve as a director on Micron’s Board. The appointments come after the company reported that Steven R. Appleton, longtime Micron Chairman and CEO, passed away in a Feb. 3 airplane accident in Boise.

The board of directors also announced the appointment of director Robert E. Switz as chairman of the board and Mark W. Adams as president. Mr. Switz has served as a director since 2006 and is the former Chairman and CEO of ADC Telecommunications. He has previously served as chair of the Micron board’s Audit and Governance committees. Mr. Adams joined the company in 2006 and served most recently as vice president of Worldwide Sales.

Mr. Durcan, 51, has served as president and chief operating officer of Micron since 2007 and earlier served as Micron’s Chief Technology Officer. He joined the company in 1984.

 

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.