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Technology

A Conversation with IMD Economist Fabian Grimm

As an adjunct to Site Selection’s showcasing of the 2026 Smart City Index (SCI) published by the World Competitiveness Center at Switzerland-based IMD, Editor in Chief Adam Bruns conducted the following e-mail Q&A with IMD World Competitiveness Center Economist Fabian Grimm.

HEALTH TECH EXTRA: Health Tech Momentum Builds in the Midwest

The sixth edition of Silicon Valley Bank’s Future of Healthtech Report last October projected that $18.5 billion was expected to be invested in the sector by year-end, with more than half of deals involving AI and a projected $8.25 billion invested in provider operations — activities that support the delivery of healthcare, such as scheduling, documentation, and billing.

Chipping Away

In mid-April, a new cohort of eight startups in four states received more than $1 million in combined funding from the Powering Regional Opportunities for Prototyping Microelectronics (PROPEL) program.

Bay Area Bonanza

Among the 500 most capitalized AI firms in the world, 70 are located in San Francisco, California, topped by OpenAI, the firm whose co-founder Sam Altman is in the news this week after an in-depth profile by Ronan Farrow and Andrew Marantz in The New Yorker.

WORLD REPORTS: March 2026

Singapore gets $24-billion wafer fabrication facility; green Danish industrial park scoops 100MW AI data center; CDMO Vetter Pharma to build $566 billion facility in Germany; solar power company Sungrow announces major investment in Poland; the top 10 countries for best business environment.