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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.

Miso Robotics raises $10M

Miso Robotics, a robotics and artificial intelligence solutions company for restaurants and food providers, has secured $10 million in Series B financing.

Qadium raises $20 million; indexing every device connected to the internet

A San Francisco-based company that wants to index every device on the public internet, has raised $20 million in a Series A round. The investment in...

City Of Los Angeles, CENIC Ink Internet Deal

The City of Los Angeles has signed an agreement to connect the city’s databases and computers to an internet network several times faster than available...

Popular Science Releases 2013 Brilliant Ten List

Each year, Popular Science publishes a list of young scientists and engineers and names them the Brilliant Ten. Like the 110 honorees before them, the...

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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.