tech:

taffy

Samsung Appoints Gregory Lee President Of NAHQ

Samsung has appointed Gregory Lee president of the North America Headquarters (NAHQ), in addition to his role as president of Samsung Telecommunications America.

In his new role, Mr. Lee is responsible for overseeing Samsung businesses across all offices in North America which include Samsung Electronics America, Samsung Telecommunications America, and Samsung Electronics Canada; while still leading STA’s mobile business operations.

Mr. Lee became president of Samsung Telecommunications America in Dallas five months ago, and served as president of Samsung’s Southeast Asia and Oceania Headquarters for the three and a half years prior to that. His previous role was as the global chief of Marketing in the Samsung Electronics Headquarters in Korea.

NAHQ’s outgoing president and CEO YK Kim will return to Korea as the advisor to the Global Marketing Operations in the Samsung Electronics headquarters.

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.