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Tysons AI startup raises $10M in seed funding
Tysons startup pWin.ai, which developed an AI proposal writing tool, has raised $10 million in a seed funding round.
AI startup boom ‘here to stay’ in Virginia
Virginia’s AI startups are seeing record funding and expansion across biotech, cybersecurity, SaaS and more, driving tech innovation across the state.
Leidos acquires Chantilly AI tech biz for $300M
Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business based in Chantilly that builds AI-powered cybersecurity tools for defense customers, for $300 million.
ServicePower acquires French tech company
McLean-based field service management software company ServicePower announced last week it had acquired France-based technology company Inveniam.
Booz Allen lands contracts totaling $1.2B
In the span of a week, McLean-based Fortune 500 management consulting contractor Booz Allen Hamilton won multiple contracts totaling over $1.2 billion.
US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war
U.S. stocks fall as AI hype cools and companies pull forecasts amid tariff uncertainty from Trump, sparking fears of slowed growth and recession.
Bon Secours opens Harbour View hospital in Suffolk
Bon Secours on Tuesday will officially open its new $80 million 100,000 square-foot Harbour View Medical Center in Suffolk.
Trump science cuts roil university labs, targeting bird feeder research, AI literacy work and more
Hundreds of university researchers had their National Science Foundation funding abruptly canceled Friday to comply with Trump’s directives to end support of research on diversity, equity and inclusion, as well as the study of misinformation.
Digital tools improve workflow, efficiency for CPAs
When David Chase started working as a certified public accountant 25 years ago, he and his colleagues kept documents in big paper binders, the kind high school students commonly used in the 1970s and 1980s. “The client would give you their paperwork, you’d make copies, put them in three-ring binders and work with pencils,” says […]
Wealth advisers reveal ways to avoid bumps
Financial markets have been remarkably resilient this year, with various stock indexes notching new record highs, even as a dizzying number of headlines from Washington, D.C., seem poised to whipsaw investors. Uncertainty persists about how the economy — and, by virtue, financial markets — will fare, given President Donald Trump’s moves to aggressively slash federal […]
U.Va. eyes $72M replacement data center
The University of Virginia’s data center is nearing its maximum capacity. So, school leaders think it’s time to build a new one, estimated to cost $72 million, to aid faculty and researchers in their work. “We can already see that our researchers are experiencing significant delays in their ability to access the computational resources,” Kelly […]
Google to buy cybersecurity firm Wiz for $32B in largest deal in company’s history
SAN FRANCISCO (AP) — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant’s biggest-ever acquisition at the same time it’s facing a potential breakup of its internet empire. The proposed takeover announced Tuesday is part of Google’s aggressive expansion into cloud computing during an artificial intelligence boom. The [&hell[...]
