TechTaffy

tech:

taffy

NSA Gives NC State Largest Sponsored Research Contract Ever

By TechTaffy Desk

NSA_NCU_big_data_labThe National Security Agency and North Carolina State University have partnered to establish the Laboratory for Analytic Sciences (LAS) on NC State’s Centennial Campus in Raleigh. The NSA funding, reportedly $60.75 million, for the big data lab, is the largest sponsored research contract in the university’s history.

Besides a collaborative project on cyber security with the NSA, NC State also has multiple existing partnerships with the NSA’s parent agency, the Department of Defense.  

[Image courtesy: NSA]

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.