Nvidia-backed AI startup to curb hungry data centers’ appetite for power
Startup Emerald AI plans to use software that will help AI data centers adjust their energy consumption, avoiding strain on the grid.
Raft acquires N3bula Systems for undisclosed amount
McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.
JBG Smith acquires Tysons Dulles Plaza for $42.3M
JBG Smith announced last week that it has acquired Tysons Dulles Plaza — a 15-acre office campus in Tysons that houses three-buildings.
Reston-based ASRC Federal names new chief strategy officer
Reston-based ASRC Federal announced last week that Ann Stevens has joined the company as its chief strategy officer.
Medallia to invest $2M in Tysons, create 100 jobs
Medallia announced Tuesday that it is investing $2 million to open a new East Coast headquarters in Tysons later this year.
Housing sales decline in NoVa, Hampton Roads
Housing sales last month decreased year-over-year in Northern Virginia and Hampton Roads, although inventory and median sales prices rose.
Office sublease supply shrinks in major NOVA markets
The sublease supply for Northern Virginia’s top office hubs is shrinking as the market has begun to stabilize after the COVID-19 pandemic.
June 2025 for the record
A monthly round up of the top business stories in the state of Virginia
Virginia housing sales drop again, but listings spike 35.5%
Virginia home sales fell for the third month in a row in April 2025, but active listings rose 35.5% the same month.
Northern Virginia sees surge in housing inventory
The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.
Northern Virginia home listings surged 63% in March over 2024
Northern Virginia home listings jumped 63% in March, far outpacing national trends as job cuts hit the region. Experts weigh in on what's behind the spike.
Northern Virginia business leaders’ confidence drops in Q2
Business confidence in Northern Virginia declined in Q2 2025, with leaders citing federal layoffs, inflation and supply chain issues, a new survey shows.