tech:

taffy

City Of Los Angeles, CENIC Ink Internet Deal

The City of Los Angeles has signed an agreement to connect the city’s databases and computers to an internet network several times faster than available previously. The agreement with CENIC (Corporation for Education Network Initiatives in California) will allow the city to plug into the California Research and Education Network (CalREN). This connection will enable high-speed delivery of the city’s data and services to California’s K-20 students, educators, academic researchers, and 10,000 member institutions including LA-area institutions like Caltech, UCLA, USC, Cal State LA, and the Los Angeles Community Colleges.

Los Angeles currently publishes more than 1,000 datasets on its two open data portals (http://data.lacity.org and http://geohub.lacity.org).

Just in

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.