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GE, PTC Sign Reseller Agreement

GE will resell the PTC Manufacturing Process Management software in combination with GE’s manufacturing execution system (MES) software. While manufacturing information can be passed directly from the PTC Windchill solution to the GE Proficy for Manufacturing Discrete product today, the companies expect to deliver an expanded closed-loop integrated solution in 2014.

PTC Legally Changes Name To PTC

PTC is changing its legal name to PTC. Turns out, while the company has operated as PTC for some time, its legal name has remained...

End Of An Era: Kodak Files For Bankruptcy

This is not the Kodak moment you would hope for. Eastman Kodak Company and its U.S. subsidiaries filed voluntary petitions for chapter 11 business...

Deloitte, Hewlett Packard Enterprise announcing joint IoT solutions

Deloitte announced joint Internet of Things offerings with Hewlett Packard Enterprise, including turnkey IoT solutions for manufacturing, smart retail solution, workplace solutions, and smart...

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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.