Law firm Kirkland & Ellis has committed $2.75 million over five years to support the Stanford Law School and to establish both a scholars program, which will honor the law school’s top first-year students, and a yearly forum on important legal issues for students, alumni, and the Bay Area business and law community. The newly established Kirkland & Ellis Scholars Program will recognize students who have performed at the very highest level during their first year of law school. Six first-year students annually will be designated Kirkland & Ellis Scholars based on overall scholastic achievement across an array of courses. You can get further details of the agreement here.
Kirkland & Ellis Commits $2.75 Million Over Five Years to Stanford Law School
Just in
Series A
Tembo raises $14M
Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web
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.
Fundings
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.
Around the web
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.
IT
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.