Member news: January 2024
GrinGO App forges strategic alliance with Mexico’s SECTUR
GrinGO App and the Angeles Verdes, a FREE tourist roadside assistance program operating under Mexico’s Secretary of Tourism (SECTUR) have inked a landmark Memorandum of Understanding (MOU) to herald a tech-driven partnership in 2024. This collaborative venture aims to infuse technological innovation into the Angeles Verdes program while amplifying its outreach through strategic promotional efforts. Read more >>
Brevir Solutions Unveils the Secrets to StartUp Success at IEEE Conference
Pulling from their 125+ years of combined experience in Fortune 50 companies and startups, Brevir Solutions, LLC Founders Jeff Marek, Heather Monigan, and Dan Russell will be leading a 2.5-hour workshop on startup success for young engineering professionals and students at the 2024 IEEE Rising Stars conference January 5, 2024 in Las Vegas, NV. Read more >>
As Uber-Waymo partnership grows in Arizona, passengers see upside
Calling an Uber doesn’t necessarily mean calling an Uber driver anymore in the Valley.
Uber, the ride-hailing company, and Waymo, one of the companies seeking to popularize driverless cars, announced last May that Uber customers will have the option of getting “a fully autonomous, all-electric Waymo ride – with no human driver behind the wheel” in the parts of metro Phoenix where Waymo operates. The Uber-Waymo service began operating in October. Read more >>
Intel stock reaches heights not seen in nearly two years
Intel shares (Nasdaq: INTC) poked their head above $50 this week for the first time in nearly two years as investor faith in the chipmaker continued to recover. The stock closed at $50.82 on Wednesday, putting it up 106% from a 2023 nadir, a $24.63 adjusted close on Feb. 27. The Nasdaq composite index gained 31% in that period. Intel stock last closed above $50 on an adjusted basis — an important measure since the company this year slashed its dividend — on Jan. 19, 2022. Read more >>
$1.9B in Financing to Enable Continued Growth and Development of Data Center Campus in Mesa
EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, today announced the completion of a $1.9 billion debt financing transaction to fund scalable development on its data center campus in Mesa, Arizona. This transaction provides a template for several planned financings across the EdgeCore portfolio and was conducted in conjunction with its owner, Partners Group, a leading global private market firm acting on behalf of its clients. Read more >>
How the Arizona Commerce Authority helps grow and support local small businesses
In recent years, Arizona has landed some of the nation’s biggest expansion projects, ranging from semiconductors, battery, automotive and more.
In addition to direct jobs and investment, these wins bring an added benefit to local suppliers and vendors, and for Arizona’s leading economic development agency, these small to mid-sized businesses are just as important.” Read more >>
Intel Drives ‘AI Everywhere’ into Automotive Market at CES
At CES, Intel announced plans to drive the company’s AI everywhere strategy into the automotive market, including a deal to acquire Silicon Mobility, a fabless silicon and software company that specializes in SoCs for intelligent electric vehicle (EV) energy management. Intel also announced: a new family of AI-enhanced software-defined vehicle system-on-chips (SoCs), with Zeekr as the first original equipment manufacturer (OEM) to adopt the new SoC to deliver its generative AI-driven living room experiences to next-generation vehicles. Read more >>
The University of Arizona Incubator Network Collaborates with Spencer Fane to Sponsor Startup Success
The University of Arizona Center for Innovation (UACI) is pleased to announce the UACI Sponsored Launch Fueled by Spencer Fane LLP competition providing the winning startup team with resources, facilities, services and expert guidance to grow their business.
In alignment with its mission to grow scalable startup ventures that fuel the Arizona economy, UACI has teamed up with legal firm Spencer Fane LLP to support science and technology startup companies. The launch of the new competition is part of a growing collaboration between UACI and Spencer Fane. Read more >>
ASU First to Collaborate with OpenAI to Enhance Teaching and Learning
Arizona State University will be the first higher education institution to collaborate with OpenAI, the AI research and deployment company behind ChatGPT.
This collaborative effort introduces the advanced capabilities of ChatGPT Enterprise to the university, empowering faculty and staff to explore the potential of generative AI to enhance teaching, learning and discovery, while also ensuring increased levels of privacy and security. Read more >>
University of Arizona Tech Parks Celebrates 30 Years of Innovation, Growth, and Success
Tech Parks Arizona proudly commemorates its 30-year anniversary, marking three decades of advancing technology, economic prosperity, and community development. Through purpose-built environments, Tech Parks Arizona supports companies of all sizes and facilitates university-industry interaction moving at the speed of business. Read more >>
FPT Hits One Billion USD Revenue in Global IT Services for the First Time
Global technology corporation FPT has surpassed one billion USD in the global IT services segment, generated by its subsidiary FPT Software. This marks FPT as the first Vietnam-headquartered tech firm to reach this milestone, underscoring its sustainable growth, steadfast commitment to innovation, and dedication to client satisfaction. Read more >>
Salt River Project innovates new storage plan
Salt River Project (SRP) is announcing a new, innovative storage plan aiming to bring long-duration power reliability to Arizona residents. Chico Hunter, Manager of Innovation and Development at SRP, and Giovanni Damato, President of CMBlu Energy join Arizona Horizon to share more.
SPR has teamed up with CMBlu Energy for a pilot project that will utilize solar energy and discharge it overnight. Read more >>