tech:

taffy

Square Gets New Digs, To Double Head Count

[Techtaffy Newsdesk]

E-commerce company Square will relocate its corporate headquarters to 1455 Market Street in the Mid-Market neighborhood of San Francisco. The company expects to move into its new location in mid-2013.

Square currently has 400 employees, and plans to employ nearly 1000 people by the end of 2013. It moved into its first office—the Chronicle Building—in December 2009 when the company had 10 employees.

Jack Dorsey (Co-founder and CEO,  Square):  Square businesses have already facilitated more than $300 million in commerce in San Francisco, and there’s so much more we can do to make a difference in the city and around the world.

Building renovations will begin at the end of 2012 to construct an open, collaborative space, a roof deck, chef’s kitchen, and other amenities for employees.

Square also has offices in New York and Atlanta.

Just in

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.