tech:

taffy

Symantec Appoints Amit Mital CTO

Symantec

Symantec has appointed Amit Mital as chief technology officer, responsible for driving the company’s technology strategy. Mr. Mital will report to Symantec CEO Steve Bennett. Steve Trilling, Symantec’s current CTO, will be moving to an operational senior leadership role in the company.

Mr. Mital joins Symantec after 20 years with Microsoft, most recently as the corporate vice president for the company’s Startup Business Group. He holds 43 patents and is an innovator in several technologies that align with Symantec’s business including machine learning, big data, and high scale web and cloud services, says the company.

Mr. Mital holds a M.S. in Engineering from the Thayer School of Engineering at Dartmouth College.

[Image courtesy: Symantec]

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.