Biogen will move its headquarters to a new facility at 75 Broadway in MIT’s Kendall Common development, reports Greg Ryan and Hannah Green for the Boston Business Journal. “The lease is one of the most significant life sciences real estate transactions in Greater Boston,” they write.
Biogen will move its headquarters to MIT’s Kendall Common development in 2028, reports Catherine Carlock and Jonathan Saltzman for The Boston Globe. “Biogen has been a foundational presence in the Massachusetts life science ecosystem for close to half a century,” says Governor Maura Healey. “We are thrilled to see them begin a new era in our state.”
Prof. Jonathan Gruber speaks with Marketplace reporter Elizabeth Trovall about looming labor shortages within the caregiving industry and elder care. “We have no plan for credibly meeting that massive change in the long-term care needs of our population,” says Gruber.
Prof. Daron Acemoglu speaks with New York Times reporter Jeff Sommer about the anticipated impact of future AI on various industries. “There is a lot of hype in the industry,” says Acemoglu. While some AI companies have “impressive achievements,” Acemoglu adds that many financial and economic calculations were being based on mere “projections into the future that are sometimes exaggerated.”
Newsweek reporter Tom Howarth spotlights MIT spinout Commonwealth Fusion Systems as they announced plans to “build the world's first grid-scale commercial nuclear fusion power plant” in Virginia. “The plant is expected to generate 400 megawatts of electricity, enough to power approximately 150,000 homes or large industrial facilities,” writes Howarth.
Commonwealth Fusion Systems, an MIT spinoff, plans to build “the nation’s first grid-scale fusion power plant in Virginia by the early 2030s,” reports Laura Vozzella and Gregory S. Schneider for The Washington Post. “Fusion is a long-sought source of power that can generate almost limitless energy by combining atomic nuclei,” they write. “It is unlike fission, the more common form of nuclear energy, in which the nucleus is split, and which generates large amounts of radioactive waste.”
MIT spinoff Commonwealth Fusion Systems has shared their plans “to build its first commercial power plant” in Virginia, reports Aaron Pressman for The Boston Globe. “Commonwealth aims to build a complete power plant with a fusion machine generating heat used to spin turbines and make 400 megawatts of electric power, enough to supply 150,000 homes, by the mid-2030s,” explains Pressman.
Commonwealth Fusion Systems, an MIT spinout, has announced plans to “build its first fusion power plant in Virginia, with the aim of generating zero-emissions electricity there in the early 2030s,” reports Raymond Zhong for The New York Times. “The proposed facility is among the first to be announced that would harness nuclear fusion, the process that powers the sun, to produce power commercially, a long-elusive goal that scientists have pursued for the better part of a century,” explains Zhong.
MIT spinout Commonwealth Fusion Systems has announced plans to build the “world’s first grid-scale fusion power plant in Virginia, to generate power by the early 2030s,” reports Timothy Gardner for Reuters. The project, “could revolutionize the global energy industry by tapping into a virtually limitless power source, similar to that which fuels the stars,” writes Gardner.
TIME has named Lisa Su ’90 SM ’91 PhD ’94, chair and CEO of Advanced Micro Devices, the 2024 CEO of the year. “It was at MIT that Su first experienced a semiconductor lab, where she was taken by the idea that such a tiny piece of hardware could carry so much mathematical firepower,” writes Billy Perrigo. “I was really lucky early in my career,” says Su. “Every two years, I did a different thing.” Su adds: “I felt like I was in training for the opportunity to do something meaningful in the semiconductor industry. And AMD was my shot.”
Prof. Kripa Varanasi speaks with BBC News reporter Chris Baraniuk about his work developing a “range of coatings that make surfaces slippery and therefore resistant to the formation of biofilms.” Baraniuk notes that: “Tests of one such coating in an experiment carried out on board the International Space Station found that it worked as intended.”
Writing for MarketWatch, Joseph Coughlin, director of the MIT AgeLab, emphasizes that the dockworker strike was “emblematic of broader shifts in the American workforce and the integration of technology in the workplace. As older generations retire and younger ones seek more flexible, technology-driven careers, traditional industries must adapt or be left behind.”
Prof. Yossi Sheffi, director of the MIT Center for Transportation and Logistics, has been named to the top spot in the Supply Chain Digital list of the top 10 supply chain influencers. Sheffi’s “expertise in systems optimization, risk analysis and supply chain management is covered in his extensive body of work,” writes Libby Hargreaves for Supply Chain Digital. “His consultancy with top enterprises cements him as the leading voice in shaping modern supply chain strategies and addressing emerging industry challenges.”
Prof. Yossi Sheffi speaks with Boston Globe reporter Hiawatha Bray about the challenges and risks posed by implementing automation, amid the dockworkers strike. Sheffi emphasized the importance of gradually introducing new technologies and offering workers training to work with AI. “There will be new jobs,” says Sheffi. “And we want the current workers to be able to get these new jobs.”
Prof. Yossi Sheffi speaks with Associated Press reporter Cathy Bussewitz about how automation could impact the workforce, specifically dockworkers. “You cannot bet against the march of technology,” says Sheffi. “You cannot ban automation, because it will creep up in other places... The trick is to make it over time, not do it haphazardly.”