Mass High Tech News
Burlington software company brings on three executives to fill out C-suite
The company moved from Tewksbury to Burlington in June and now employs 158 people. It hopes to reach 170 by year's end.
'Quantum camera' startup raises over $10M to build cameras that see without big lenses
The Greentown Labs-based company captures the shape of light, not its brightness. Applications range from defense to tracking satellites and orbit debris.
Inaugural MIT conference lineup includes Moderna co-founder, robot petting zoo
An opening panel will focus on how public, private and educational institutions can work together to achieve economic development goals. The event follows a busy September business calendar.
The National Beat: Financial-services companies embrace AI
In the latest edition of the National Beat newsletter, read about how financial-services companies are utilizing artificial intelligence and catch up on startup news from around the country.
Wayfair 'looking for real estate' for Mass. store
The online furniture retailer told the Business Journal it is 'actively looking' for real estate options in its home state, as the company announced the planned opening of its 10th branded store.
Boston defense supplier on brink of bankruptcy amid $1.2B contract dispute with Pentagon
The company told the Business Journal that it is seeking alternative financing to avoid closing its Seaport HQ and laying off 59 workers, but that "decisions and delays at the Defense Logistics Agency" have put the company on the brink of collapse.
MassMutual Ventures doubles down on green tech with $150M new fund
Managing partner Tim Krysiek cites growing energy demand from AI and climate damage costs as reasons for confidence in the sector.
How a Westborough EV battery recycler went from $1B Tesla deal to bankruptcy
Ascend Elements had backing from investors and a major Tesla deal. But the Kentucky facility ran into delays, and elimination of EV tax credits crushed investor confidence.
Women executives gather in Back Bay living room to learn how to build AI agents
A Whoop senior vice president taught her networking group of high-powered female executives how to use AI assistants for domestic work. Many left ready to apply the skills at their companies.
The National Beat: AI errors are creating a trust gap
In this week's newsletter, we cover the latest wrinkle in how companies are dealing with the growing use of artificial-intelligence tools and systems. Plus, read about a well-known home services platform that's making a big bet on AI and how a robotics company plans to go public in a deal that values it at more than half-a-billion dollars.
Denver repair network sues two Bay State tech companies over right to repair law
The independent repair business claims the Boston-based companies restricted access to repair materials. Acme Revival is seeking damages and an injunction.
Tufts' new hub aims to bridge biotech and food manufacturing
The 17,000-square-feet hub in Medford is open to researchers from Tufts as well as other academic institutions, industry players — and startups.
Watertown company targets billions in critical minerals trapped in mining waste
The company estimates half a trillion dollars in copper alone is trapped in mining waste globally. About $40 billion of that is in the Southwest.
Cybersecurity firm quadruples space with new Boston-area office lease
A North Andover cybersecurity firm is staying put in its hometown — and quadrupling its square footage.
Boston unicorn company to establish office in Arizona
A Boston unicorn is establishing a new office in Arizona as part of a broader national expansion to meet growing demand for water treatment systems among semiconductor, data center and technology firms.
Company AI systems are making mistakes. It's creating a trust gap.
The soaring use comes at the same time as a growing mistrust of the technology.
Boston SPAC seals deal with Philadelphia robotics firm backed by Mark Cuban
Newbury Street II Acquisition Corp. is based on High Street. Its chief executive, Thomas Bushey, is a former president of Ondas, a defense tech company that earlier this year relocated its headquarters from Waltham to West Palm Beach, Florida.
Nine Mass. startup hubs land on Time's first-ever best accelerators list
The state had the second-highest number of programs recognized, trailing only California. MassChallenge has supported more than 5,000 startups since 2009.
BizSpotlight: Symbotic Inc.
Symbotic is where innovators come to solve – and r
Massachusetts AI training draws 38,300 enrollees, but most are older and highly educated
Nearly 32% of participants hold graduate degrees, far above the statewide average. The state plans to evaluate the numbers and adjust outreach.
