Mass High Tech News
Boston College creates Krantz Institute for AI with gift from Definitive Healthcare owner
To Provost David Quigley, AI needs to be confronted and discussed by every student at Boston College. And a new AI institute at the school is the perfect home base for provocative thought.
The AI data center tsunami is coming. The jobs are not.
AI data centers are facing a growing backlash — and jobs are one of the focal points.
Volition Capital seeks to raise $875M for sixth fund, document shows
The Back Bay firm was the first institutional investor in Chewy. It typically invests in software, internet and consumer companies with revenue between $5 million and $50 million.
Solid-state battery maker Factorial starts trading after SPAC process
The company is backed by automakers such as Mercedes-Benz, Stellantis, Hyundai and Kia, which are interested in its technology's potential to power their electric vehicles.
Mitsubishi Electric opens first U.S. digital transformation hub in Cambridge
The facility targets near-term technology development, while researchers three floors above work on projects a decade out. The new Serendie Street Boston facility will employ 120 people across engineering and development roles.
AI risk is growing concern among largest public companies in Mass.
The majority of the top 10 public companies in Massachusetts now explicitly mention artificial intelligence in their annual reports. Two years ago, AI was much less prominent.
West Coast developers at Wizards of the Coast move to form union
A team at Wizards of the Coast, Hasbro's biggest profit engine, wants layoff protections, remote work options, and guardrails on artificial intelligence use.
Local 'unicorn' companies see valuations soar with new funding
Two technology companies based in the Bay State have raised massive late-stage rounds of funding, sending their valuations soaring, as the expected monster IPOs of Anthropic, OpenAI and SpaceX could create challenges for other tech firms to go public.
After settling with activist investor, Rapid7 gets a new CEO
The new CEO was one of three board members added last year after activist investor Jana Partners pushed for a sale.
