While Artificial Intelligence (AI) is transforming industries across the globe, many businesses both large and small don't fully comprehend how this next-gen technology can benefit their own operation. While AI is often generally thought of in terms of customer service chatbots and customized marketing, the reality is that it's potential to benefit other key aspects of a … [More]
Data Center Developer Plans New Data Center Region in Phoenix
5C Data Centers, a provider of state-of-the-art data center services, has announced plans to launch a new region in Phoenix, Arizona. The first facility in the region, PHX01, is scheduled to go live in 2025. Located in one of the fastest growing hyperscale data center regions in North America, and within miles of downtown Phoenix, the first data center will comprise 140,000 … [More]
Venture Capital Firm Launches with Four Initial Investments in Disruptive Healthcare Technologies and FemTech Solutions
Bayless Ventures, a new venture capital firm founded by Valley healthcare entrepreneur Justin Bayless, announces its launch with four initial investments. Dedicated to supporting underrepresented entrepreneurs, Bayless Ventures aims to drive transformative change in healthcare. "For over 40 years, Bayless Integrated Healthcare disrupted the healthcare industry with … [More]
White House, DOD Officials Award $29.6.M for 5 SWAP Hub Projects at ASU
CHIPS Act investment powers collaborative effort to advance US microelectronics manufacturing
White House and U.S. Department of Defense officials joined industry and university partners at Arizona State University to spotlight five new investments announced this week to help strengthen the nation's chip-making capabilities and reduce dependency on foreign sources of microelectronics. The five new projects were awarded millions under the CHIPS and Science Act-funded … [More]
Arizona Bioscience Leader of the Year Named
The Arizona Bioindustry Association, Inc. and Castle Biosciences, Inc., a company improving health through innovative tests that guide patient care, today announced that Kristen Oelschlager, R.N., Castle’s chief operating officer, has been named the 2024 Jon W. McGarity Arizona Bioscience Leader of the Year. The award, presented by AZBio, recognizes Oelschlager for her … [More]
Revolutionary AI Copilot Enhances Clinic Efficiency and Drives Profitability for Physical Therapists
WebPT, the leading rehab therapy platform for Practice Experience Management (PXM), announces it has teamed up with Intel® on a shared initiative to bring Intel® RealSense™ PT Metrics to the market, at the 2024 Ascend Summit. This collaboration represents a major advancement in integrating AI-driven motion capture technology into the physical therapy (PT) field, with a vision … [More]
AI-Enabled PDF Tools
Why these are key to revolutionizing document workflows and boosting productivity
Significant challenges as well as opportunities in document workflow processes exist across organizations. These were the findings of the recent study “Revolutionizing Document Workflows with AI” from Forrester Consulting, commissioned by Foxit. Forrester queried 402 PDF and document tool users and 116 decision-makers — uncovering a landscape marked by inefficiency and outdated … [More]
The Perfect Storm: How Supply Chain Disruptions Are Impacting the Semiconductor Industry
The semiconductor industry, a cornerstone of modern technology, is facing unprecedented supply chain disruptions. These disruptions are not only affecting the availability of consumer electronics but also have far-reaching consequences for industries reliant on semiconductor technology. The following explores the multifaceted challenges currently impacting the semiconductor … [More]
Precision Cleaning: Strengthening Arizona’s Chip Future
While big names like Intel and TSMC often dominate the headlines, the latest news comes from a new company announcing its move to the Greater Phoenix area. KoMiCo, a leader in precision cleaning and advanced coatings for semiconductor equipment, has announced plans to open a new facility in Mesa by 2026, creating more than 200 jobs. The facility, located in the Superstition … [More]
Amkor’s Expansion: Securing America’s Chip Supply
Amkor Technology, Inc. has signed a preliminary memorandum of terms with the U.S. Department of Commerce, setting the stage for a significant expansion in Peoria, Arizona. Under the CHIPS and Science Act, this agreement will provide Amkor with up to $400 million in direct funding and access to $200 million in loans to support the project. Amkor plans to invest approximately … [More]
Cargo Theft Cripples Retail. AI to the Rescue?
Cargo thefts cost trucking companies and retailers between $15 billion and $30 billion annually, worsening supply chain disruptions and contributing to inflation. In the second quarter of 2023, schemes like misdirection and fictitious pickups surged by nearly 700%, exploiting legitimate processes to fraudulently acquire cargo. The $694 million stolen in 2023 is predicted to … [More]
AI Recruitment Tool Transforming Talent Acquisition
Patrice & Associates, the leading hospitality staffing and executive search franchise, has embraced cutting-edge artificial intelligence technology to enhance its hospitality staffing and executive search services. This innovative AI tool revolutionizes the recruitment process, providing franchisees with access to a comprehensive database and predictive analytics, ensuring … [More]
Developer’s 10th Arizona Battery Energy Storage Center Up and Running
Invenergy, the leading privately-held developer, owner, and operator of sustainable energy solutions, announced completion of the El Sol Energy Storage Center (50 MW), marking its 10th battery energy storage project in Arizona to reach commercial operations since the start of 2023. Notably, Invenergy's project portfolio accounts for nearly half of all storage facilities to come … [More]
Uber and Cruise to Deploy Autonomous Vehicles on the Uber Platform, Resumed Service in Phoenix
Uber Technologies, Inc. and Cruise, two companies revolutionizing transportation, announced a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform. The companies plan to launch the partnership next year with a dedicated number of Chevy Bolt-based autonomous vehicles. Once launched, when an Uber rider requests a qualifying ride on the Uber … [More]
Stockholm-Based iGaming and Sports Betting Co. Approved to Offer Private Cloud Hosting in Arizona
Internet Vikings, a licensed in-state hosting provider for iGaming and online sports betting, has received official approval from the Arizona Department of Gaming to launch its VMware-based private cloud hosting solutions. This achievement allows the company to provide secure and scalable hosting for licensed operators taking sports betting wagers across Arizona, fully … [More]
Clean Energy Leaders Showcase Opportunity for Arizona to be Ranked No. 1 for Solar Energy and Solar Manufacturing in the U.S.
Clean Energy for America and OMCO Solar, one of the nation’s leading U.S. factory-direct manufacturers of solar trackers and fixed-tilt solutions, recently hosted an event with local business leaders, solar energy organizations and local elected officials to discuss how and why Arizona needs to focus energy on creating a more business-friendly environment for solar energy and … [More]
Global Tech Co. Relocates Corporate Headquarters from New York to Chandler
Comtech, a global technology leader, announced the relocation of its corporate headquarters from Melville, NY to Chandler, AZ. Comtech’s new corporate headquarters in Chandler boasts approximately 150,000 square feet of state-of-the-art office, engineering and manufacturing space that is designed to enhance operations, improve collaboration and accelerate the delivery of new … [More]
North America’s Largest Automotive Supplier to Build Manufacturing Facility in Mesa
Magna’s investment will create hundreds of new jobs to bolster the region
The Arizona Commerce Authority, Greater Phoenix Economic Council and the City of Mesa announced that Magna, a mobility technology company and one of the largest suppliers in the automotive space, is building a manufacturing facility in Mesa. Located at Power Industrial Park, the nearly 230,000-square-foot facility is expected to create hundreds of new jobs. Representing a … [More]
