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National Science Foundation launches AI research pilot

The U.S. National Science Foundation, in collaboration with 10 federal agencies and 25 private sector, nonprofit, and philanthropic organizations, has launched the National Artificial Intelligence Research Resource (NAIRR) pilot.

CACI secures $125M contract to provide technology solutions for U.S. Navy

CACI has been awarded a five-year contract valued at up to $125 million by the U.S. Navy's Naval Air Warfare Center Aircraft Division (NAWCAD).

Ierus Technologies awarded TETRAS II contract by Air Force Test Center

Ierus Technologies, a defense contractor based in Huntsville, Alabama, has been chosen as an awardee of the TETRAS II contract from the Air Force Test Center.

HII wins $84M National Geospatial Agency cloud migration contract

HII has announced that its Mission Technologies division has secured an $84 million contract to support the National Geospatial Agency's (NGA) IT enterprise cloud migration.

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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.