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Zip raises $43M

Intake-to-procure solution provider Zip has raised $43 million in a Series B funding round. The investment was led by YC Continuity, with participation from Tiger Global and CRV.

The latest investment pegs Zip at a $1.2 billion valuation, the company said in a statement.

Zip has raised $81 million to date.

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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.