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Automation Anywhere raises $300M

Robotic Process Automation (RPA) company Automation Anywhere has raised $300 million from the SoftBank Vision Fund. 

Mercer Rowe to lead Avaya cloud business

Avaya has appointed Mercer Rowe as senior vice president and general manager of Avaya Cloud, a newly formed organization with a focus on driving cloud products and services, said the company in a statement. 

Darktrace raises $75 million

Artificial intelligence-based cybersecurity company Darktrace has raised a $75 million Series D financing round, led by Insight Venture Partners. Existing investors Summit Partners, KKR...

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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.