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Silver Lake Completes $10.3 Billion Fundraise

Silver Lake has closed Silver Lake Partners IV, its latest large-cap technology investment fund. In aggregate with the general partner and affiliates, the $10.3 billion in total commitments for Silver Lake Partners IV is the largest amount ever raised for a technology investment-focused private equity fund, says the firm.

Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries.  Portfolio companies in which Silver Lake invests collectively generate approximately $30 billion in annual revenue and employ 97,000 people around the world.

Investors in Silver Lake Partners IV and Silver Lake’s other funds include public and corporate pension funds, sovereign wealth funds, endowments, foundations, funds of funds, family offices and individual investors.

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Raspberry Pi is now a public company — TC

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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.