TechTaffy

tech:

taffy

NEC appoints Kris Ranganath as SVP of Digital Platform

By TechTaffy Desk

NEC announced the appointment of Kris Ranganath as their new senior vice president (SVP) of Digital Platform (DPF). In his new position, Mr. Ranganath will be reporting to Chris Jackson, president and CEO of NEC America, according to the company.

As the SVP of DPF, Mr. Ranganath will be tasked with leading and shaping the strategy and vision for the division. DPF serves as NEC’s global Center of Excellence, focusing on identity and vision AI for the company’s digital platform business.

Mr. Ranganath has an extensive history with NEC, having held multiple roles within the company over a 16-year period. His previous positions include CTO and vice president of Technology and Solutions. Prior to his new appointment at NEC, Mr. Ranganath was the SVP of Innovation at Paravision.ai.

[Image courtesy: NEC]

 

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

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. 
Fundings

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.
Around the web

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. 
IT

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.