tech:

taffy

The New York Times launches data science products for advertisers

The New York Times has launched nytDEMO, a cross-functional team that builds data and technology solutions for brands. NytDEMO — which stands for data, engineering, measurement, and optimization — is a collaboration among members of The Times’s data, product & design, technology, and advertising groups, said the media behemoth in a statement.

The Advertising & Marketing Solutions Group of the NYT plans to launch a number of new products and tools out of nytDEMO this year, starting with Project Feels, a data science exploration where the intent is to understand and predict how emotions and engagement connect.

Based on the machine learning powering Project Feels, nytDEMO has launched perspective targeting as a new ad product. Perspective targeting allows advertisers to target their media against content predicted to evoke reader sentiments like self-confidence or adventurousness.

NytDEMO is also expected to launch Readerscope, an AI-driven data insights tool that summarizes what The Times audience is reading using anonymized data to visualize who is interested in which topics and where they are.

“These data products grew out of our internal innovations using machine learning to understand our readers better,” said Chris Wiggins, chief data scientist, The New York Times.

[Image courtesy: The New York Times]

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.