tech:

taffy

Rackspace Appoints Kevin Costello To Board

Rackspace

Kevin Costello has joined the Rackspace board of directors. Mr. Costello served as the president of Ariba for six years, and was subsequently a president at SAP, when the company acquired Ariba in 2012. Prior to Ariba and SAP, Mr. Costello served in various senior management positions during his 18-year career at Andersen Business Consulting. Mr. Costello holds a B.S. in accounting with high honors from the University of Illinois.

[Image courtesy: Rackspace]

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.