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Lockheed Martin investing $100 million more in early-stage companies

Lockheed Martin is doubling its venture capital fund to $200 million, and recent investments in early-stage companies focused in the areas of autonomy and advanced manufacturing.

CalypsoAI raises $23M

Washington, D.C.-based AI security provider CalypsoAI has raised $23 million in a Series A-1 financing.

NASA doing feasibility study of commercial human spaceflight in low-Earth orbit

NASA has selected 13 companies to study the future of commercial human spaceflight in low-Earth orbit, including long-range opportunities for the International Space Station.

Recent posts

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.