Microsoft is investing $1 billion as part of a first phase of data center development into Central Ohio, One Columbus announced this week. Located in New Albany, Heath, and Hebron, these data centers will support Microsoft’s global cloud infrastructure, expanding capacity for Azure cloud services to meet growing demands in digital services and data storage.

Amazon Web Services (AWS) has continued its efforts to empower the next generation of female scientists and engineers by hosting its AWS Girls’ Tech Day for female students in central Ohio. The annual event took place as the region’s economy continues to diversify with a variety of high-tech, digital-focused industries even as women remain underrepresented in the fields of Science, Technology, Engineering, Arts, and Mathematics (STEAM). 

In a significant boost to Columbus's growing reputation as a hub for healthcare technology, Gifthealth has announced a major expansion that will create 751 new jobs in the region. This exciting development, approved by the Columbus City Council on October 8, 2024, marks a new chapter for the innovative online pharmacy company and underscores Ohio's appeal to forward-thinking tech firms.

Path Robotics, a Columbus-based AI-powered robotic welding startup, has raised a $100 million Series D fundraising round led by Matter Venture Partners and Drive Capital. The investment will accelerate Path’s mission to revolutionize the manufacturing industry by addressing labor shortages and advancing autonomous welding solutions.

Microsoft continues its investment in Ohio, announcing plans to build a $420 million data center in New Albany. This news bolsters the state’s role in the tech giant’s growing cloud computing infrastructure and reinforces Ohio’s status as a technology and data hub. Yesterday, the New Albany City Council approved a resolution for Microsoft to proceed with the construction of a new data center at the New Albany International Business Park.

The Ohio State University has been awarded $26 million in federal funding to begin natural rubber production in the U.S. and enhance workforce development to support the industry. The National Science Foundation announced funding for the creation of the Transformation of American Rubber through Domestic Innovation for Supply Security” (TARDISS) Engineering Research Center (ERC).

Columbus AI Week, a three-day event dedicated to exploring and advancing artificial intelligence in the Greater Columbus area, kicked off yesterday with attendees from across the region. Organizers call it the ‘open-sourced, un-conference’ on all things AI.

Columbus-based Doohickey AI has raised $500,000 from Drive Capital to build a conversational, low-code platform powered by generative Al to help companies quickly and seamlessly integrate technology systems. 

Power to Hydrogen, a leader in advanced electrolysis technologies for the production of green hydrogen, has raised over $18 million in a Series A funding round led by Rev1 Ventures and Worthington Enterprises. The funding will support Power to Hydrogen's global expansion through R&D, manufacturing, sales, and marketing.

Columbus-based HubiFi, an advanced financial intelligence and revenue recognition solution, has raised $2.5 million in seed funding to build a foundational team with a focus on product and engineering and add to the team with CPA and accounting expertise.

The 4th annual Healthcare Capital Markets and Innovation Summit (HCMIS) took place in downtown Columbus, Ohio, June 5-6. Over 300 healthcare leaders, innovators, dealmakers, and adjacent professionals attended the event hosted by Lawrence, Evans & Co., LLC.

Three former employees of renowned augmented reality (AR) company Magic Leap have raised $2 million to build their own AR business with headquarters in Ohio. Founded in 2021, Trace builds location-based branded AR experiences and counts among its customers Qualcomm, Telefónica, T-Mobile, and Lenovo. The company is led by “boomerang” founder Greg Tran, who spent time in Miami and San Francisco before returning to Columbus. Tran talked with OhioTechNews.com about what they’re building, why Ohio, and how they managed to land funding from a wide range of investors.

Nationwide Children’s Hospital generated $48.6 million of income from licensing technology in 2023, up from $29 million a year earlier. Total revenue from royalties, equity stakes, and other payments in licensing deals over the past nine years surpassed $253 million, according to research by Columbus Inno.

Columbus, Ohio is booming. Ohio’s capital city is the fastest growing in the country, emerging as a leader in tech with the arrival of titans such as Intel, Google, Microsoft, Meta, and many more on the horizon. If you’re looking to establish yourself in Columbus, a community brimming with opportunity, you’ll want to explore Oakwood Management Company. With more than 60 apartment communities spread across Central Ohio, you’ll find the perfect place to call home.

AT&T has opened a new Connected Learning Center inside the Boys & Girls Clubs of Central Ohio in Columbus’ Hilltop Neighborhood to help bridge the digital divide. The dedicated learning center in the J. Ashburn Jr. Clubhouse provides high-speed AT&T Fiber internet, Wi-Fi, and Dell computers to kids who encounter barriers to online participation.

Westerville-based AssetWatch, a provider of AI-powered monitoring solutions to help manufacturers avoid downtime, has raised a $38 million Series B round to accelerate product innovation and scale-up of the business.

Columbus is setting the pace for tech and IT sustainability, outlining basic principles in what’s known as the Green IT Playbook to establish the world’s first “Green IT Zone.” The vision is simple for the Columbus Region to become the nation’s first Green IT Zone, an area defined by a broad coalition of organizations committing to a shared vision of sustainability in their technology and IT operations to reduce greenhouse gas emissions and accelerate positive community impact.

COSI Science Festival attendees got a better idea of how the internet works thanks to a unique first-hand experience with Google. The tech company brought its new “Where the Internet Lives” exhibit to the festival on May 4 in Columbus, explaining the role of data centers in processing, storing, and protecting vast amounts of information.

Three former employees of renowned augmented reality (AR) company Magic Leap have raised $2 million to build their own AR business in Columbus. Greg Tran, Martin Smith, and Sean Couture unveiled their company, Trace, by announcing an oversubscribed $2 million pre-seed, co-led by Rev1 Ventures and Impellent Ventures.

In Ohio, construction is well underway on Intel’s newest U.S. site in more than 40 years, the company said while sharing an update of progress at its 10 biggest projects around the world. Around the world throughout 2023, Intel used 145,000 tons of steel and poured more than 2 million cubic yards of concrete—32X more than for New York’s Empire State Building—to construct and expand its new facilities.