Phoenix News Hub
Curated local headlines with AI summaries and a practical FinTechful perspective.
Latest News
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Microchip completes acquisition of AI chip firm as it expands edge computing push
Microchip Technology has completed its acquisition of Israeli AI chip firm Hailo, enhancing its capabilities in specialized AI processors for robotics and edge computing devices. The merger was initially announced in July, marking a significant step in Microchip's expansion strategy.
BizSpotlight: QCM Technologies, LLC
QCM Technologies, LLC has been recognized by the Phoenix Business Journal for its contributions to the technology sector. The company continues to innovate and expand its presence in the industry, showcasing its commitment to excellence.
The National Beat: More lawyers are using AI. Here's what they're doing with it.
The latest National Beat newsletter explores the increasing use of AI tools by lawyers in their daily practices. Additionally, it highlights advancements in robotics, including a company developing interactive robotic characters with contracts from a major theme park and retailer.
MatCap targets middle-country founders as new advisory firm trades equity for introductions
MatCap, a new venture advisory firm founded by Mat Sherman, focuses on supporting early-stage startup founders in the middle country. Since its launch in January, the firm has expanded its portfolio to over a dozen companies by trading equity for introductions to potential investors and resources.
Scottsdale dog grooming startup raises $6 million to scale franchise model
A Scottsdale dog grooming startup has successfully raised $6 million to expand its franchise model. The funding will support the opening of multiple new locations in the upcoming year.
TSMC to use ASML’s next-gen machines for high-volume chip manufacturing
Taiwan Semiconductor Manufacturing Co. has announced plans to utilize ASML's next-generation advanced chipmaking machines for high-volume production beginning in 2030. This move aims to address the increasing demand in the AI-related industry.