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MIT, Lockheed Martin Ink Autonomy, Robotics Research Collaboration

As part of a new collaborative initiative in autonomy and robotics, MIT and Lockheed Martin engineers will focus on innovations needed to enable generation-after-next autonomous systems. Improvements in human/machine teaming and navigation in complex environments are among the research challenges that Lockheed Martin is inviting MIT faculty and their students to help solve.

A master agreement between MIT and Lockheed Martin, led by the Institute’s Department of Aeronautics and Astronautics (AeroAstro), and in collaboration with MIT’s Computer Science and Artificial Intelligence Laboratory, was formalized on Friday at a signing ceremony on campus. It provides a multi-year framework between MIT and Lockheed Martin for collaborative research, exchange of visiting scientists, support of student Undergraduate Research Opportunities, fellowships, and internships at Lockheed Martin.

Initial research will be conducted by AeroAstro Professors Jonathan How, Nick Roy, Sertac Karaman, Julie Shah and Russ Tedrake and Mechanical Engineering Professor Sangbae Kim.

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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.