tech:

taffy

Palantir Technologies awarded $99.6M contract by the Department of State for data platform

Palantir Technologies has been selected by the Department of State to provide the Bureau of Medical Services with a platform for data management and data-driven decision-making. The BPA (Blanket Purchase Agreement) contract is worth $99.6 million over five years, according to Palantir. The platform is part of the Department of State’s broader digital modernization efforts.

Palantir software will be used by the bureau to establish a new enterprise data management platform for the department, titled Project Axiom. The platform is expected to help improve the bureau’s ability to react swiftly to global crises by enabling workflows related to emergency management and preparedness, mission tracking and logistics, aviation operations, and medical support, according to Palantir.

Palantir first began working with the State Department in 2017, supporting HIV/AIDS analysis for the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) through the Office of the U.S. Global AIDS Coordinator and Health Diplomacy.

[Image courtesy: Department of State]

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

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.