Eternity Technologies Inc., a global leader in the industrial battery market, announced the selection of Phoenix, Arizona, as the site of its new North American headquarters and cutting-edge battery manufacturing facility. This milestone investment underscores Eternity’s commitment to delivering world-class solutions for Motive Power and Reserve Power applications … [More]
ACA Awards $2M to Arizona WearTech and Other Applied Research Centers
The Partnership for Economic Innovation, a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced that the Arizona Commerce Authority had awarded $2 million to support seven new applied research projects through its WearTech and Other Applied Research Centers. State funding matches $2.2 million in private … [More]
TSMC Intends to Expand Its Investment in the U.S. to $165 Billion to Power the Future of AI
TSMC announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional $100 billion. Building on the company’s ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Phoenix, TSMC’s total investment in the U.S. is expected to reach $165 billion. The expansion includes plans for three … [More]
Does Arizona Need a New Semiconductor Identity?
“Arizona’s Silicon Desert” has been a fitting label for the state’s semiconductor industry — a nod to both its thriving tech sector and arid landscape. With more than $100 billion in investments, Arizona has cemented its role in the global semiconductor supply chain. But as the sector expands, some industry leaders argue the nickname no longer captures the full picture. Now, a … [More]
Liquid Metal to Next-Gen Chips
In the race to build faster, more powerful chips, semiconductor manufacturers face an ongoing challenge: how to pack more processing power into smaller spaces. LQDX (“lik-WID-ix”), a local developer of high-performance materials, is taking a different approach — trading traditional vacuum-based deposition for a liquid alternative. LQDX’s Liquid Metal Ink (LMIx®) technology … [More]
Next-Generation Compliance & Privacy-Focused Technology
In today’s landscape, increased security and privacy standards are in place to address evolving concerns and challenges for both physical and cyber security. As new industry regulations are implemented to protect against potential threats, companies using legacy systems often struggle to stay compliant. Alcatraz AI, a leader in access control and AI-powered security … [More]
Virtual Leasing Assistant a Boon for Multifamily Boom
Nurture Boss is an advanced AI solution for the multifamily housing sector that recently announced a $4.025 million Series A funding round from AZVC and In Revenue Capital. I founded the company to provide a solution to the urgent problem of a significant labor shortage amid a booming market. The company’s “AI for Multifamily” solution was created to streamline leasing … [More]
Arizona’s Semiconductor Industry Prepares for Tariffs
Will growth stay on track?
Arizona’s semiconductor industry is facing a new variable in its growth equation: tariffs. With billions of dollars on the line, the industry is bracing for what comes next. If higher import taxes on materials from Mexico, China and Canada take effect, chip manufacturers must adapt — and fast. Even as TSMC ramps up production of four-nanometer chips in Phoenix, the … [More]
Improving Patient Safety with Privacy-First Technology
Fellowship Square Mesa has significantly reduced falls among its residents after implementing Helpany’s AI-powered, radar-based monitoring system, Paul. In just two months, the senior living community saw a 70% decrease in falls, setting a new standard for safety and proactive care. A Smarter Approach to Fall Prevention Falls are one of the biggest risks in senior living … [More]
Software Veteran Named CEO of PHX FWD to Establish Phoenix as a Top Software City
PHX FWD, the nonprofit organization dedicated to making Phoenix a top software city by 2035, announced that Clate Mask, founder of Keap, will serve as its new Chief Executive Officer. Mask, who recently sold Keap after more than two decades of leading the company to success, will bring his extensive experience in SaaS growth and entrepreneurship to accelerate PHX FWD’s … [More]
Lucid Announces CEO Transition
Lucid Group, Inc., maker of electric vehicles, announced Peter Rawlinson has stepped aside from his prior roles. He will transition to the role of Strategic Technical Advisor to the Chairman of the Board. Marc Winterhoff, Chief Operating Officer, has been appointed Interim Chief Executive Officer. As part of the company's regular succession planning process, the … [More]
Apple Spending More Than $500B in the U.S. over Next 4 Years, Data Center Expansion Includes Arizona
Apple announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S. over the next four years. This new pledge builds on Apple’s long history of investing in American innovation and advanced high-skilled manufacturing, and will support a wide range of initiatives that focus on artificial intelligence, silicon engineering, and … [More]
Arizona Electric Utilities Team Up to Explore Adding Nuclear Generation
Arizona Public Service (APS), Salt River Project (SRP) and Tucson Electric Power (TEP) recently announced they’ll be working together to explore adding nuclear generation in Arizona. The utilities have been monitoring emerging nuclear technologies and have a shared interest in evaluating their potential to support growing energy needs in the state. APS is leading the effort … [More]
Lightpath Enters Phoenix Market with New AI-Grade Fiber Network
New York-based Lightpath, an all-fiber infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced its entrance into the Phoenix market with a new 230-route mile, high-fiber count network throughout the region, anchored by multiple hyperscaler customers. The Phoenix network build will encompass … [More]
Nikola Initiates Comprehensive Voluntary Chapter 11 Sale Process
Nikola to pursue value-maximizing sale transactions for its operations
Nikola Corporation, the Phoenix-based zero-emissions transportation and energy supply and infrastructure solutions company, via the HYLA brand, today announced that the Company and certain of its subsidiaries have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Nikola has also filed a motion … [More]
EV Energy Tech Co. Announces Shareholder Approval of $323M Merger
Combination intended to create significant shareholder value in pursuit of a sustainable future
Tempe-based Nxu, Inc., a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, and Verde Bioresins, Inc., a leader in sustainable product innovation and full-service bioplastics production, announced the approval of the merger by Nxu stockholders after completing a stockholder vote on … [More]
Prep Academy Reimagines High School with First-of-Its-Kind Hybrid Program
A revolutionary high school experience that puts students in control of their own learning is coming to Tempe, Arizona. ASU Prep Tempe powered by The Levitt Lab, prioritizes purpose over grades, passion over pressure and progress over conformity. Located in the heart of ASU’s Tempe campus, the tuition-free public school is now enrolling students in grades 9-12 for fall … [More]
Arizona Secures Major Semiconductor Research Lab
Transformative potential includes attracting private-sector investments
The U.S. Commerce Department and Natcast, the National Semiconductor Technology Center operator, have selected Arizona as the site for a flagship semiconductor research and development facility. Located at Arizona State University’s Research Park in Tempe, the lab will focus on prototyping and advanced packaging, addressing a critical gap in the U.S. semiconductor … [More]
