tech:

taffy

Tangoe CEO Resigns

Al Subbloie has resigned from his role as CEO, and chairman of the board of Tangoe. According to a statement released by the company, his decision came immediately after being informed of the board’s conclusion that Tangoe in the longer term would benefit from a transition to a new CEO. Independent director James Foy will serve as acting CEO, while a search process is conducted to identify a permanent CEO. Gerald Kokos, Tango’s lead director, has been appointed executive chairman.

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.