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SoftBank To Acquire 70% Stake In Sprint

SoftBank and Sprint Nextel have entered into a series of definitive agreements under which SoftBank will invest $20.1 billion in Sprint, consisting of $12.1...

Sprint Confirms Softbank Acquisition Discussions

Sprint has confirmed that the company is currently engaged in discussions with Softbank regarding a "potential substantial investment." Sprint said that such a transaction could involve...

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.

IBM to deploy next-generation quantum computer at RIKEN in Japan

IBM has announced an agreement with RIKEN, a Japanese national research laboratory, to deploy IBM's quantum computer architecture and quantum processor at the RIKEN Center for Computational Science in Kobe, Japan.

Tractable raises $65M (UK)

British insurtech startup ⁠Tractable has raised a $65 million Series E investment.

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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.