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VTB Capital Invests $5.5 Million in aiHit

aiHit has attracted US$5.5m investment from VTB Capital, said the company. The $5.5 million investment will finance marketing, business development and R&D. As a part of the business development plan, aiHit will be opening an R&D centre in St.Petersburg.

aiHit is a provider of company data to the business information, market research and lead generation industries. The company specializes in collecting company information from the Web. The company is headquartered in London, and is backed by Amadeus Capital Partners.

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ArmorCode raises $40M

Palo Alto, Calif.-based ArmorCode, a company specializing in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), has raised a $40 million Series B funding round.

IBM unveils Heron processor and Quantum System Two

IBM unveiled the Quantum Heron processor at the company's annual Quantum Summit in New York on Monday, along with Quantum System Two, a modular quantum computer featuring three IBM Heron processors. 

Microsoft joins OpenAI’s board with Sam Altman officially back as CEO — The Verge

Sam Altman is officially OpenAI’s CEO again, writes Alex Heath. 

AWS, Salesforce expand strategic partnership

Amazon Web Services (AWS) and Salesforce announced an expansion of their global strategic partnership, deepening product integrations across data and artificial intelligence (AI), and for the first time offering select Salesforce products on the AWS Marketplace.