Mass High Tech News
Cambridge data firm Tamr raises $21M to prep corporate data for AI
Tamr, which has been billing itself as a "data tamer" (hence its name) since 2013, raised growth equity financing to clean up the data of large corporations.
Dynamic Creatures reveals first 'living character robot' for entertainment venues
Dynamic Creatures argues the entertainment market lacks robots designed for one-on-one interactions as opposed to animatronics built for entertaining crowds.
HubSpot co-founder apologizes after 'curt' social media post
Dharmesh Shah is no stranger to receiving attention on LinkedIn, but a post he wrote about his company recently cutting 660 roles was not received well by some commenters.
Hasbro opens major creative hub in Montreal
The 35,518 square-foot downtown hub will house 200 employees by 2028. It represents a major pillar in the company's shift toward digital gaming.
Spectrum Equity closes its largest fund in 30 years as the firm targets a specific deal size
"No, we don't think software is dead," said the Boston-based managing partner of the firm. The 33-year-old firm is one of the original investors in Framingham's Definitive Healthcare.
Woburn company gets $110M to power AI data centers
"Speed to power is everything right now," said the CEO of the AI infrastructure company, which has 85—mostly local—employees.
Amazon won't fill its second Seaport office tower, lists over half for sublease
The decision pushes the Seaport office vacancy rate to 27.9%. Amazon appears to be preparing for a smaller move-in based on building permits granted in April.
Robotics firm appoints former Amazon Alexa chief as next leader
The new chief executive spent 12 years building Amazon's virtual assistant, Alexa. He's coming to Boston Dynamics at a crucial time for the robotics industry.
Uber to buy 'food for work' company ezCater for $2.3B
The all-cash transaction brings together ezCater's "food for work" with Uber Eats. The deal closes in the coming months.
HubSpot cuts 660 roles, or 7% of its team
"This is not driven by AI-related efficiencies," CEO Yamini Rangan wrote in a memo to employees that was made public on Tuesday. The reorganization comes about a month after the company faced its largest single-day stock drop in over 12 years.
'Robot friend, human-level drama:' Flagship's latest startup targets 'psychological fitness'
Flagship is once again launching a company focused outside of life sciences. It's called Iris Labs, and its first product is Iris Chat: a text-based support line for personal situations the company markets as consumers' "AI thought partner."
Robotics company signs lease for space next to MIT
A robotics company that’s a spinout of the Toyota Research Institute has signed a 50,000-square-foot lease for space just outside the MIT campus in Cambridge.
AI legal software firm to open Boston office
The four-year-old "decacorn" is the latest AI firm making moves in the Bay State, which some local leaders believe is losing to California in the race to become an epicenter of AI.
Schneider Electric to acquire one of state's largest public companies for $22.6B
The all-cash deal is one of the largest technology takeovers in Massachusetts in recent years.
Klaviyo cuts roles in design, product
The latest cuts at the marketing software firm came about a year after Klaviyo laid off "less than 100" workers as part of a restructuring of its R&D organization.
Monitoring systems maker to expand to Europe with $130M deal
The Back Bay company serves professional kitchens, grocery stores and pharmaceutical labs.
Boston, Worcester among the cities most vulnerable to AI automation
As AI concerns continue to dominate conversations, a Business Journal analysis lays out which metro areas have the highest share of local jobs most vulnerable to getting automated by AI.
Companies grapple with how to manage workers and AI errors
Executives say responsibility sits with whomever designs the process, but workers worry they'll be punished for mistakes in tools they didn't build.
Corteva and Inari settle patent case over seed technology
Inari will destroy material accessed from seed depositories and assign intellectual property to Corteva. Other terms remain confidential.
'The most important Lola:' New AI company brings Paul English back to travel
English co-founded Kayak and sold his previous Lola company to Capital One after pandemic forced layoffs and a pivot.
