TechTaffy

tech:

taffy

Thomson Reuters launches startup incubator for transformational technologies

By TechTaffy Desk

Thomson Reuters has launched an incubator as part of the Thomson Reuters Lab, an incubator located in Switzerland. The incubator will host early-stage entrepreneurs building products in big data, advanced analytics, distributed ledgers, artificial intelligence, machine learning and other transformational technologies, says the media giant.

As part of the official program, startups will receive access to Thomson Reuters data and content sets, as well as mentoring and networking opportunities for investment and commercialization, according to Thomson Reuters.

The Incubator has  enrolled two startups focused on Fintech – Open Mineral and WealthArc.

[Image courtesy: Thomson Reuters]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

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. 
Fundings

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.
Around the web

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. 
IT

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.