Search results for Massachusetts
Industry
Desktop fusion device achieves 11 million-degree plasma milestone toward commercialisation
U.S. fusion startup Avalanche said it has generated plasma of about 11 million degrees Celsius in a desktop-sized prototype, reaching a temperature close to the sun’s core. The company said this clears a key technical threshold for fusion, though it does not mean net energy production. Avalanche is pursuing a small, low-cost system and said it has raised less than $50 million to reach this stage. The result has not been peer reviewed.
AI & Enterprise
Science ministry launches POSTECH quantum global partnership lead center
South Korea has set up an international joint research hub for quantum technology at Pohang University of Science and Technology, the Ministry of Science and ICT said. The POSTECH Quantum Global Partnership Lead Center aims to develop large-scale quantum entanglement generation and control by linking different quantum platforms. The project runs from July 2025 to December 2029 with funding of 22.3 billion won. Researchers from domestic and overseas institutions attended the opening event.
Industry
Teen-founded U.S. defense startup Mach Industries valuation quadruples in a year
U.S. defense technology startup Mach Industries raised $300 million in a Series C round, valuing the company at $1.8 billion. TechCrunch reported the valuation is nearly four times higher than a year ago, after a $100 million raise in June 2025 at a $470 million valuation. The round was led by Infinite Capital and Ribbit Capital. Mach is developing five autonomous aircraft and plans to start producing at least three next year.
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Industry
Samsung Electronics, Harvard Medical School to study monitoring side effects of obesity drugs with Galaxy Watch
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Technology
7-Eleven data breach exposes 185,000 people, including names, addresses and SSNs
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Crypto
Trump says prediction markets fall under CFTC jurisdiction, vows to defend U.S. crypto capital status
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Crypto
Bitcoin Depot halts ATM business after losing fee edge and facing regulatory burden
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AI & Enterprise
Ultraminiature optical chip smaller than a grain of salt aims to ease quantum computing, data centre bottlenecks
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Crypto
Why the U.S. SEC chose rulemaking over enforcement
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Crypto
U.S. prediction market reshapes amid regulation, Kalshi takes 89 percent share
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Crypto
Haverhill City Council seeks to ban crypto ATMs, with 60-day removal deadline and $300-a-day fine
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AI & Enterprise
What happens when autonomous AI agents are left to compete
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Industry
Pulmuone posts record U.S. tofu sales in 2025, up 12.2 percent
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Crypto
Bitcoin identity: Digital gold or growth tech stock?
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AI & Enterprise
Polymarket sues Massachusetts over prediction market regulation
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Industry
POSCO Future M makes strategic investment in all-solid-state battery firm Factorial
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Games & Commerce
NC Cultural Foundation runs MIT science programme at Yeomyeong School