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BigBear.ai to acquire Warren County-based AI company for $250M
McLean-based government tech contractor BigBear.ai announced this week that it has entered an agreement to acquire Ask Sage for $250 million.
Irish data center power manufacturer opens first US plant in James City County
An Irish energy infrastructure manufacturer focused on data centers will establish its first U.S. plant in James City County, a $5.225 million investment expected to create 250 jobs, Gov. Glenn Youngkin announced Wednesday.
AI chipmaker Nvidia is the first $5 trillion company
Nvidia becomes the first $5 trillion company as AI demand drives record growth, partnerships and concerns of a tech bubble.
Elon Musk in line for $1 trillion pay package if Tesla hits aggressive goals over next 10 years
Tesla asks investors to approve a $1T pay deal for Elon Musk, tied to hitting market cap, production, and delivery milestones by 2035.
Empower AI taps new chief growth officer
Empower AI announced Thursday that it has appointed former Peraton executive Juan Toves as chief growth officer.
Northern Va. Chamber unveils road map to reinvent economy
The Northern Virginia Chamber of Commerce on Monday released a road map on reinventing the region's economy.
Virginia, Google partner to launch AI training courses
Virginia is launching an online platform that will provide job seekers free and low-cost artificial intelligence certification courses.
Nvidia becomes first $4T public company
NEW YORK (AP) — Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia […]
Youngkin sets veto record as energy, AI fuel gridlock
Few observers of the Virginia General Assembly expected any groundbreaking legislation to emerge from this election year session, and for the most part, they were right. And Gov. Glenn Youngkin certainly did his part to keep that from happening as well. In the last full year of his term, the Republican firmly cemented his record […]
ODU internships boost student success, employer ties
As a creative writing major at Old Dominion University, Kayla Boney says she knows jobs in her field after graduation may be “one in a million.” An internship with Teens with a Purpose, a Norfolk-based youth creative arts nonprofit, showed Boney, a 20-year-old rising junior, that her pursuits in the humanities, while challenging, can result […]
Raft acquires N3bula Systems for undisclosed amount
McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.
Disney and Universal sue AI firm Midjourney for copyright infringement
Disney and Universal sue AI image-generator Midjourney for copyright infringement, alleging unauthorized use of Star Wars, Minions and more.
