Amy Edelen

In the leadership transition, the Scottsdale firm's founder will shift over into an advisory role.

Lucid CEO Silvio Napoli outlined priorities including the Saudi Arabia factory ramp up and the robotaxi partnership with Uber and Nuro.

Invest Southwest hosts the annual Venture Madness venture capital and pitch contest in the Valley. Startups featured in the event have raised more than $1 billion since 1992.

Lucid CEO Silvio Napoli outlined priorities including the Saudi Arabia factory ramp up and the robotaxi partnership with Uber and Nuro.

The Arizona tech giant saw growth across all regions and business segments. Profitability grew at more than two and a half times the rate of sales growth.

A European telecommunications giant will lease part of one East Valley fab starting in early 2027 before acquiring both facilities. At one point, NXP employed 750 people across the site.

Hadrian operates a $200 million East Valley facility that makes precision components for missiles and jets. The company now has four factories across three states.

Whatnot started in a Valley garage in 2019 and now has around 1,500 employees globally.

The leadership change follows a strong third fiscal quarter in which revenue hit $22.4 million, exceeding Wall Street projections.

Waymo announced plans to assemble an additional 2,000 vehicles at its Mesa facility by the end of this year.