Avnet Names New President of Electronics Components Distributor, Farnell

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Avnet has announced Rebeca Obregon as the new president of Farnell, an Avnet company, effective July 1, 2024. Farnell is a high-service electronics components distributor with a comprehensive portfolio of products and supported by an international supply chain. “Since joining Avnet’s leadership team last year, Rebeca has shown her deep commitment to delivering results for … [More]

Arizona Cybersecurity Company Awarded for its Innovative Technology

Lumifi recognized as the most innovative company globally in managed detection and response

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Lumifi Cyber, Inc., a next-generation leader in the cybersecurity space, was named a winner of the Global InfoSec Awards 2024 as the Most Innovative Company in Managed Detection and Response (MDR). Organized by Cyber Defense Magazine, this awards program recognizes cybersecurity companies that manage, create, and provide the most respected information security products and … [More]

Software Development Co. Restructures with New Executives and Enhanced Services

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With a strategic shift to become an innovation app builder and AI studio, Founders Workshop has announced a significant restructuring, appointing Wayne Neale as Chief Product Officer (CPO), Ana Tomboulian as Chief Technology Officer (CTO), Michael Vanderslice as Chief Operations Officer, and other key personnel to enhance its service offerings. Founders Workshop now offers … [More]

Phoenix-Based Tech Co. Launches New AI Marketing Solution for Small to Midsize Companies

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Brainiest announced the launch of its new AI marketing solution. Balancing the power of generative AI and human input, it brings transformative innovation to business owners, marketers and technologists. The platform accelerates marketing content generation by blending marketing principles with AI technology, giving users a controlled approach to AI that delivers valuable … [More]

Arizona Bioscience Leaders to Join WearTech Center Advisory Board

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The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced the addition of three bioscience and workforce development industry leaders to its WearTech Center advisory board. Mary O’Reilly, Vice President of Bioscience Research Programs at the Flinn Foundation, … [More]

Data Management Co. Appoints New Chief Executive Officer

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Semarchy, a master data management (MDM) and data integration leader, announced the appointment of Ben Werth as Chief Executive Officer. Werth brings over a decade of software industry and private equity leadership experience to Semarchy. "I'm honored and excited to join Semarchy at this pivotal time," said Ben Werth, CEO of Semarchy. "With an industry-leading platform, a … [More]

World’s First Direct Air Capture Manufacturing Facility Coming to Mesa, Will Support Up to 400 New Jobs by 2029

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CarbonCapture Inc. a leading U.S. direct air capture (DAC) system company that builds modular systems that can be mass produced, signed a lease for an 83,000-square-foot high-volume manufacturing facility in Mesa, Arizona, for its first manufacturing plant. At full capacity, the facility is projected to manufacture 4,000 modules per year-equal to 2 megatons of removal … [More]

Trinity Capital Exits Its Equity Position in Core Scientific

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Trinity Capital Inc., a leading provider of diversified financial solutions to growth-stage companies, announced that as of June 4, 2024, it has completed the liquidation of the shares of common stock of Core Scientific that it received in satisfaction of its claim in Core's Chapter 11 bankruptcy. Trinity provided $30 million in equipment financing to Core in 2021. Core … [More]

Arizona Lithium Officially Opens World-Class Lithium Research Center in Tempe

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Arizona Lithium Limited, a company focused on the sustainable development of two large lithium development projects in North America, the Big Sandy Lithium Project (“Big Sandy”) and the Prairie Lithium Project (“Prairie”), held an official grand opening with a ribbon cutting ceremony of the Lithium Research Center in Tempe, Arizona. Arizona Lithium was joined at the ribbon … [More]

AI Gains and Gaps in the Workplace

Study finds AI saves workers an average of six hours per week

by Lynn Cadet

Since the advent of ChatGPT, millions of Americans have experimented with, used, and implemented generative artificial intelligence (AI) into their workstreams. Generative and large-language model (LLM) AI is revolutionizing many work sectors, but how do workers feel about it? Workers are embracing AI in record numbers: Ninety-two percent of survey respondents say they trust … [More]