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PayPal And X.commerce Introduces PayPal Access

PayPal and X.commerce has introduced PayPal Access, a new commerce identity system that lets users shop across the Web without having to remember multiple passwords. PayPal Access provides everything consumers and merchants need to create an account and complete a transaction – including user verification, shipping information, and payment details, according to a statement by the company.  Anuj Nayar, Director, Communications with the company writes, “Early feedback has been phenomenal.”

PayPal Access gives consumers the ability to sign up and sign in to participating websites with just their PayPal usernames and passwords. Partners joining the PayPal Access program include social integration provider Gigya, and social identity and user management provider Janrain.

The announcement was made at the X.commerce Innovate Developer Conference. PayPal has more than 100 million accounts in 190 markets worldwide, and is an eBay company.

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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.