TechTaffy

tech:

taffy

Michael Dell Is New Chairman Of The Technology CEO Council

By TechTaffy Desk
(Image Courtesy: Dell)

Michael Dell, chairman and CEO of Dell, has been named as chairman of the Technology CEO Council, the information technology industry’s public-policy advocacy organization comprising CEOs from America’s leading information technology companies. Dell, a long-time member of the group is taking the reins of the group for the second time, having previously served as its chairman from 2001 to 2003. The previous chairman was Samuel J. Palmisano, the chairman and CEO of IBM, who just finished his two-year term.

Besides Dell and Palmisano, the Technology CEO Council includes Steven R. Appleton, Chairman and CEO of Micron Technology; Greg Brown, Chairman and CEO of Motorola Solutions; Ursula M. Burns, Chairman and CEO of Xerox Corporation; Paul S. Otellini, President and CEO of Intel; Michael R. Splinter, Chairman, President and CEO of Applied Materials; and, Joseph M. Tucci, Chairman, President and CEO of EMC Corporation.

Technology CEO Council companies generate $250 billion in annual revenues and employ more than 700,000 workers.

Currently, The Technology CEO Council’s innovation agenda includes, among other things, structural tax reforms, better trade and investment policies, and strategic use of technology in health care, government and energy systems.

Michael Dell: At this time of economic uncertainty and challenges, it’s more important than ever that the business community work closely with elected leaders and policymakers to help our economy grow and prosper and create jobs for Americans.

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.