Development

Google commits to buy 200MW from Mass. fusion company

Google commits to buy 200MW from Mass. fusion company

By Lucia Maffei  Google and Massachusetts-Based CFS Advance Commercial Fusion Energy The promise of fusion energy—clean, limitless power—is gaining urgency as AI technologies demand massive computational energy. Commonwealth Fusion Systems (CFS), based in Devens, Massachusetts, announced Monday a deepened partnership with Google, which plans to purchase 200 megawatts of fusion power from the MIT spinoff. Google […]

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112-employee biotech leaves Cambridge HQ for Watertown

112-employee biotech leaves Cambridge HQ for Watertown

Hannah Green  Foghorn Therapeutics Moves Headquarters from Kendall Square to Watertown Biotech company Foghorn Therapeutics Inc. is relocating its headquarters from Cambridge to Watertown. In a recent securities filing, the company announced it will terminate its lease in Kendall Square early and lease 72,850 square feet at 99 Coolidge Avenue in Watertown for executive offices, […]

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Massachusetts taps Irish firm for $750 million revamp of roadside travel plazas

Massachusetts taps Irish firm for $750 million revamp of roadside travel plazas

Homegrown rival may try to block contract, arguing it had superior bid Andy Peters Massachusetts is moving forward with a major upgrade of its roadside service plazas, but a local fuel-supply company may challenge the state’s plans. Last month, the Massachusetts Department of Transportation (MassDOT) awarded a contract to Dublin-based Applegreen to renovate, rebuild, and […]

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Over 8,200 tech jobs were lost in Mass. in 2024

Over 8,200 tech jobs were lost in Mass. in 2024

Gary Higgins Massachusetts’ tech sector shed more than 8,200 jobs last year, marking the second-worst decline nationwide, according to CompTIA’s State of the Tech Workforce 2025 report released Tuesday. The state’s tech workforce shrank 2.6%, falling from 319,416 jobs in 2023 to 311,165 in 2024. Only California reported a greater loss, with more than 51,000 […]

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McKinsey survey finds cost of living a barrier to Mass. competitiveness

McKinsey survey finds cost of living a barrier to Mass. competitiveness

Gary Higgins In its fifth annual Massachusetts Talent and Competitiveness Survey 2025, McKinsey & Co., working with the Massachusetts Business Roundtable, identified three main obstacles to doing business in the Commonwealth: high costs of doing business, high living expenses, and aging infrastructure. Business leaders met Thursday to review the survey results and discuss strategies for […]

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