TechTaffy

tech:

taffy

General Dynamics bags $580M DHS cybersecurity and services contract

By TechTaffy Desk

General Dynamics Information Technology (GDIT), a business unit of General Dynamics, was awarded two contracts valued at $580 million. Through these multi-year contracts, awarded in April, GDIT will provide full-spectrum cybersecurity and software development services for Homeland Security.

These services will facilitate secure data analysis and synthesis by analysts, policymakers, and decision-makers in various critical missions, says the company.

[Image courtesy: DHS]

Just in

Artificial Intelligence

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  
Series A

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.
IT

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.
Series A

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.
Industry

NetApp, Google Cloud collaborate to provide enterprise storage solutions

NetApp has announced the expansion of its collaboration with Google Cloud to introduce Google Cloud NetApp Volumes.