HP Wins $116.5M Contract From California Corrections Department


The California Department of Corrections and Rehabilitation (CDCR) has signed a $116.5 million contract with HP for the company to continue managing the state’s Strategic Offender Management System (SOMS). Under the five-year contract, HP will continue to provide a full suite of IT services for SOMS, a statewide inmate management system. The company will also provide CDCR with disaster recovery and backup support of IT-enabled business processes.

SOMS streamlines business processes by consolidating legacy databases and converting inmate records to digital files. During the SOMS implementation, HP streamlined several CDCR databases and record-keeping processes by implementing a new online system for offender management, and digitizing over 200 million documents.

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.