tech:

taffy

Cisco, Tieto Ink Internet Of Everything Deal

tietosign07_0

Cisco and Tieto, one of the largest IT services company in the Nordic countries, have signed a global Internet of Everything collaboration. Tieto is the first Nordic company to join the application developer community for Cisco’s IOx, which provides an application platform for running Linux-based software directly on Cisco’s IoT network platforms.

Tieto and Cisco are targeting specific industry issues or opportunities in many industries says the networking behemoth, starting in manufacturing and transportation, where the first offerings will become available already this autumn.

[Image courtesy: Tieto]

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.