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Oracle Buys Corente

Corente

Oracle has entered into an agreement to acquire Corente, a provider of software-defined networking (SDN) technology for wide area networks (WANs). Additional details of the transaction were not disclosed.

[Image courtesy: Corente]

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Lockheed Martin partners with IBM to enhance AI tools for defense applications

Lockheed Martin is integrating IBM’s Granite large language models (LLMs) into its AI Factory.

Sitemate raises $18M (Australia)

Australia-based Sitemate, a software company developing no-code platforms for industries like construction and engineering, has raised $18 million.

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.