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Data analytics and AI startup Armorway Raises $2.5 million

Armorway, a Venice, California-based data analytics startup with an AI platform, has completed a $2.5 million seed round. Investors include Aristos Ventures, as well as private angel investors. According to...

SAIC awarded NAVSUP business systems center contract

The U.S. Navy awarded SAIC an indefinite-delivery, indefinite-quantity contract to provide process and data support services to the Naval Supply Systems Command (NAVSUP). The multiple-award...

AT&T Awarded Contract Worth Up To $74.6M

AT&T was awarded a contract worth up to $74.6 million over five years, if all options are exercised, from the Defense Information Systems Agency. The company will...

U.S. Army Using IBM Cloud For Logistics Systems

The U.S. Army is using IBM Hybrid Cloud to power one of the largest logistics systems in the U.S. federal government. The system is designed to...

Flir Systems Gets $27.1M DoD Contract

Flir Systems has received production orders under a five-year indefinite delivery, indefinite quantity contract from the U.S. Department of Defense to support the Nuclear,...

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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.