Tags: AI

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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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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AI insurtech company to open Boston office, hire 15

AI insurtech company to open Boston office, hire 15

By Lucia Maffei – Reporter, Boston Business Journal AI Insurtech Startup Quandri to Open Boston Office, Expanding U.S. Presence Quandri, a British Columbia-based insurtech company using AI to streamline insurance agency operations, plans to open a Boston office to expand its presence in North America. Founded in 2021 by brothers Jackson and Jamieson Fregeau, the company’s platform […]

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Silicon Valley Bank exec: ‘Maybe there’s a little bubble’ in AI, but if it pops, it will just be ‘tuition’

Silicon Valley Bank exec: ‘Maybe there’s a little bubble’ in AI, but if it pops, it will just be ‘tuition’

Gary Higgins / Boston Business Journal Marc Cadieux, president of Silicon Valley Bank’s commercial banking, acknowledges that the recent surge in AI funding and sky-high valuations might be creating a speculative bubble. While AI has been evolving for years, the rise of technologies like OpenAI’s ChatGPT has sparked massive investor enthusiasm and capital inflows, fueling […]

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Healey names inaugural director of AI Hub, announces funding for AI innovation

Healey names inaugural director of AI Hub, announces funding for AI innovation

By Eli Chavez – Inno Reporter, Boston Business Journal The Healey-Driscoll administration announced key steps to grow Massachusetts’ AI sector, including appointing Sabrina Mansur as the first director of the Massachusetts AI Hub, launching a $31 million investment in high-performance computing through a new AI infrastructure (AICR) in partnership with MGHPCC, and planning a startup incubator with […]

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THE QUANTUM STATE

THE QUANTUM STATE

Is Massachusetts ready to make the leap to quantum computing hub? By Eli Chavez – Inno Reporter, Boston Business Journal Massachusetts is rapidly emerging as a potential hub for quantum computing, with state investments, academic talent, and startup innovation converging to build a competitive ecosystem. The Boston-based startup QuEra, which uses lasers to manipulate atoms for quantum […]

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Northeastern partners with Anthropic to bring Claude AI to entire university community

Northeastern partners with Anthropic to bring Claude AI to entire university community

By Eli Chavez  Anthropic AI, the company behind the large-language model known as Claude, is partnering with Northeastern University, Champlain University and the London School of Economics to unveil its new offering: Claude for Education. The partnership will provide students, faculty and staff at partnering institutions with full subscriptions to Claude. Anthropic said the new education-forward model […]

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