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Spectra Extends 25-Year Partnership With The United States Naval Academy

Spectra has extended its 25-year partnership with the United States Naval Academy (Navy). With the renewed partnership, Navy will implement Spectra Ticketing & Fan Engagement’s PAC Marketing Automation and Salesforce CRM services, and continue to leverage the division’s ticketing, fundraising and marketing services. Spectra has been a Navy vendor since 1991.

Spectra is the primary ticketing provider for all three service academies in Division I of the NCAA, including Navy (Navy/Marine Corps), the U.S. Military Academy (Army) in West Point, N.Y. and the U.S. Air Force Academy (Air Force) in Colorado Springs, Colo. 

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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.