Discover innovations and industry advancements in R&D.
Pharmaceutical
Eli Lilly announced Tuesday that it will invest $5 billion to build a new manufacturing facility in Goochland County, Virginia, aimed at boosting U.S. production of cutting-edge cancer drugs and other treatments. The project marks the first in a series of four new domestic sites the pharmaceutical giant plans
Energy
A new kind of computer that harnesses light instead of digital switches could dramatically reduce the energy demands of artificial intelligence (AI), according to a groundbreaking study published Sept. 3 in Nature. Microsoft researchers behind the project describe it as a "new computing paradigm" with the potential to
Quantum Computing
Nearly 80 years after hosting the world’s first atomic bomb tests, New Mexico is aiming to shape another transformative technology: quantum computing. The state announced plans Tuesday to invest $315 million into quantum companies, fabrication facilities, and infrastructure, including a quantum network to connect labs and businesses. Building a
Quantum Computing
IQM Quantum Computers, a university spinout based in Finland, has joined the ranks of unicorns after closing a $300+ million Series B round led by Ten Eleven Ventures, a U.S. investment firm specializing in cybersecurity. The raise brings IQM’s total funding to date to around $600 million, solidifying
Energy
Massachusetts-based Commonwealth Fusion Systems (CFS) has secured $863 million in fresh funding, drawing support from an impressive roster of backers including Nvidia, Google, Breakthrough Energy Ventures, and a long list of venture and institutional investors. The raise marks another milestone for the most heavily funded fusion startup, pushing its total
Semiconductors
The U.S. government is set to acquire a 10% ownership stake in Intel, President Donald Trump told reporters on Friday, in a move that would mark a rare departure from traditional American economic policy. The announcement, first reported by Bloomberg, sent Intel’s stock soaring more than 7% during
Energy
Nuclear power is having a moment in Silicon Valley and on Wall Street, and Aalo Atomics is the latest beneficiary. The company announced today that it has raised $100 million in Series B funding, with plans to switch on its first reactor by the summer of 2026 at the Idaho
Energy
Alphabet’s Google and nuclear startup Kairos Power will deploy an advanced nuclear power plant tied to the Tennessee Valley Authority’s (TVA) electric grid by 2030, the companies announced Monday. The project marks the first U.S. power purchase agreement for electricity generated by an advanced reactor. TVA has
Semiconductors
When Israel-based NeoLogic began work on a radically different CPU design for AI servers, industry veterans told its founders, Avi Messica and Ziv Leshem, that it couldn’t be done. “Most of the people that we have met say it’s impossible,” Messica told TechCrunch. “Some of them told us,
Pharmaceutical
AbbVie has announced plans to invest $195 million in its manufacturing facility in North Chicago, Illinois, to enhance the production of active pharmaceutical ingredients (API) within the United States. The move is part of AbbVie’s broader strategy to strengthen domestic manufacturing capabilities, following its earlier pledge to invest more
Artificial Intelligence (AI)
In a major milestone for artificial intelligence, OpenAI has officially launched GPT-5, its most powerful and ambitious AI model to date. Unveiled on Thursday, GPT-5 is being hailed as the company’s first “unified” model — combining the reasoning depth of its o-series with the speed and fluency that made its
Artificial Intelligence (AI)
Google DeepMind has officially begun the rollout of Gemini 2.5 Deep Think, a major leap forward in AI reasoning systems. Described by the company as its most advanced AI yet, Gemini 2.5 Deep Think is designed to tackle complex problems by exploring multiple ideas simultaneously and synthesizing the