Peter Stevenson Is Now CEO Of RTT

Peter Stevenson will transition from his role as co-CEO to serve as the sole CEO of RTT, says the company. Mr. Stevenson will now oversee operations in both the Royal Oak and Pasadena office locations.

Mr. Stevenson joined RTT in 2005 as chief operating officer and managing director of the Royal Oak, Michigan office, which was established in 2006. Prior to his role as co-CEO, he held the title of director, product development and was responsible for the development and implementation of site analysis solutions globally.

Mr. Stevenson holds a bachelor’s degree in mechanical engineering from the University of Aberdeen, Scotland.

Just in

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.

Snowflake to acquire TruEra AI observability platform

Snowflake has entered into a definitive agreement to acquire TruEra, providers of an AI observability platform. Financial terms of the transaction were not disclosed.