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International Data Group (IDG) names Genevieve Juillard as CEO

International Data Group (IDG), has announced the appointment of Genevieve Juillard as its chief executive officer, effective from September 5th, 2023.

Cornell University establishes $11.3M AI research center with Naval grant

Cornell University is launching the Scientific Artificial Intelligence Center (SciAI Center), a new initiative backed by an $11.3 million grant from the Office of Naval Research.

ExxonMobil, research labs join IBM quantum computing network

ExxonMobil and research laboratories CERN, Argonne, Fermilab, and Lawrence Berkeley are joining the IBM quantum computing network, says IBM.

Ford Opens New Silicon Valley Research Center

Automaker Ford has opened a Research and Innovation Center in Palo Alto. The new center will house some 125 researchers, engineers and scientists, and is...

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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.