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Apple plans to sell power at wholesale rates starting August

Apple is planning to sell electricity to others. The company has created an energy subsidiary reports 9to5Mac.com According to documents filed with the State of Delaware, Apple Energy LLC was incorporated in May this year.

According to documents Apple Energy filed with the Federal Energy Regulatory Commission, “Applicant seeks authority to sell power at wholesale in the Southeast, Southwest, Northwest, Northeast, Central, and Southwest Power Pool Regions. Applicant requests a Tariff effective date of August 5, 2016, which is sixty (60) days after the date of this filing.” Which means Apple could be selling power as soon as August this year. You can find Apple’s filings with the Federal Energy Regulatory Commission here. 

Apple invested $850 million in a solar farm in 2015.

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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.