tech:

taffy

Robert Weissman retires from Cognizant; Jospeh Velli appointed new director

Robert Weissman has retired from the Cognizant board, said the company in a statement. Mr. Weissman served as a member of the board since 2001, and it was during his tenure as chairman and CEO of Dun & Bradstreet in 1994, when the company that would become Cognizant was founded as Dun & Bradstreet’s in-house technology division.

Cognizant has appointed Joseph Velli to its board as a new independent director.  Mr. Velli previously served as senior executive vice president and as a member of the senior policy committee of The Bank of New York (now BNY Mellon).

Mr. Velli currently serves on the boards of Paychex and Computershare. He previously served on the board of E*Trade.

Mr. Velli holds an M.B.A. in Finance from Fairleigh Dickinson University and a B.A. in accounting from William Paterson University.

[Image courtesy: Cognizant]

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.