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# 🖥️ Tech Futures #22
- URL: https://newsletters.qs.com/tech-futures-22/
- Published: 2024-12-23T12:30:55.000Z
- Updated: 2024-12-23T12:30:56.000Z
- Description: HolonIQ's Tech Futures Newsletter covers the latest developments in AI, semiconductors, cybersecurity, communication and networking, and quantum computing and highlights the week's top skills and tech deals.
- Author: QS
- Tags: AI & Digital Skills

**Happy Monday 👋**   
  
[AWS](https://www.fierce-network.com/cloud/aws-taps-agentic-ai-slash-cloud-migration-time-months-days?ref=newsletters.qs.com) launched the Amazon Q Developer tool, reducing cloud migration times from months to days using AI technology. [SK Hynix](https://www.mk.co.kr/en/business/11197951?ref=newsletters.qs.com) developed the 'PS1012 U.2', a 61TB SSD for AI data centers, enhancing performance with PCIe 5.0 technology. [The Pentagon's Cybersecurity](https://defensescoop.com/2024/12/16/final-rule-cmmc-cybersecurity-requirements-go-into-effect-defense-contractors/?ref=newsletters.qs.com) Maturity Model Certification 2.0 (CMMC) rule is now effective, requiring defense contractors to meet specific cybersecurity standards. [Space42](https://techafricanews.com/2024/12/18/space42-secures-aed-18-7-billion-uae-government-contract-for-satellite-communications-until-2043/?ref=newsletters.qs.com) secured a $5B contract with the UAE government for satellite communications, extending services until 2043\. [Databricks](https://www.nytimes.com/2024/12/17/technology/databricks-funding-venture-capital-deals.html?ref=newsletters.qs.com) raised $10B in funding, reaching a valuation of $62 billion, highlighting strong investor interest in AI technology.

**What's new?** 
  
*HolonIQ’s new* [*Green Skills Map*](https://www.greenskills.org/?ref=newsletters.qs.com) *and Workforce section reveals industry-wide sustainability skills and jobs, as well as workforce development initiatives, supporting upskilling for a sustainable economy.*

*HolonIQ's new* [*skills newsletter*](https://newsletters.qs.com/tag/skills/) *is here! Get updates on emerging skills, workforce shifts, and industry insights across impact sectors.* [*Subscribe*](https://newsletters.qs.com/#) *now to stay ahead.*

## **⚙️** Artificial Intelligence  

**🚀 AWS Introduces Agentic AI to Accelerate Cloud Migration.** [Amazon Web Services (AWS)](https://www.fierce-network.com/cloud/aws-taps-agentic-ai-slash-cloud-migration-time-months-days?ref=newsletters.qs.com) introduced an agentic AI tool called Amazon Q Developer that aims to significantly speed up enterprise cloud migrations from legacy systems like mainframes and VMware environments.

**🤖 OpenAI Enhances API with o1 Model and Developer Tools.** [OpenAI](https://techcrunch.com/2024/12/17/openai-brings-its-o1-reasoning-model-to-its-api-for-certain-developers/?ref=newsletters.qs.com), an artificial intelligence research company, added its o1 reasoning model to its API and introduced other improvements aimed at developers.

**⌨️ Microsoft's Phi-4 AI Model Outperforms Larger Competitors.** [Microsoft's](https://venturebeat.com/ai/microsofts-smaller-ai-model-beats-the-big-guys-meet-phi-4-the-efficiency-king/?ref=newsletters.qs.com) new AI model, Phi-4, outperforms larger competitors like Google's Gemini Pro with superior mathematical reasoning while using fewer resources.

## **💾** Semiconductors  

**💻 SK Hynix Develops New High-Capacity SSD for AI Data Centers.** [SK Hynix](https://www.mk.co.kr/en/business/11197951?ref=newsletters.qs.com), a major semiconductor company, completed the development of PS1012, a high-capacity solid-state drive (SSD) product designed for AI data centers.

**🇨🇳 Huawei's Mission to Boost China's Semiconductor Capabilities.** Two years ago**,** [Huawei](https://asia.nikkei.com/Business/Technology/Tech-Asia/Inside-Huawei-s-mission-to-boost-China-s-tech-prowess?ref=newsletters.qs.com), a Chinese technology company, sent a team of engineers to a little-known supplier, SJ Semicon, in Jiangyin to enhance its capabilities in producing semiconductor chips. The company aims to boost China's technological prowess in the semiconductor industry.

**🇳🇱 Netherlands Launches ChipNL Hub to Boost Semiconductor Industry.** [The Netherlands](https://siliconcanals.com/netherlands-launches-chipnl/?ref=newsletters.qs.com) government unveiled the ChipNL Competence Centre to strengthen its position in the global semiconductor industry.

## **🚨** Cybersecurity  

**🔒 New cybersecurity requirements for defense contractors.** [The Pentagon's](https://defensescoop.com/2024/12/16/final-rule-cmmc-cybersecurity-requirements-go-into-effect-defense-contractors/?ref=newsletters.qs.com) final rule for the Cybersecurity Maturity Model Certification 2.0 (CMMC) initiative went into effect, requiring companies to meet cybersecurity requirements to win Defense Department contracts.

## 📞 Communication and Networking  

**🛰️ Space42 Secures Massive UAE Government Satellite Contract.** [Space42](https://techafricanews.com/2024/12/18/space42-secures-aed-18-7-billion-uae-government-contract-for-satellite-communications-until-2043/?ref=newsletters.qs.com), a technology company, signed a 17-year $5B contract with the United Arab Emirates government to expand secure satellite communications.

**🛰 Thuraya 4 Satellite Arrives for SpaceX Launch to Boost Global Connectivity.** [The Thuraya 4](https://techafricanews.com/2024/12/17/thuraya-4-satellite-arrives-for-spacex-launch-advancing-global-connectivity/?ref=newsletters.qs.com) satellite arrived for a SpaceX launch, which will enhance global connectivity and support industries with advanced satellite capabilities and AI-powered solutions.

**📡 T-Mobile Launches Starlink Satellite Messaging Beta.** [T-Mobile](https://www.spacedaily.com/reports/T%5FMobile%5Fopens%5FBeta%5FRegistration%5Ffor%5FStarlink%5FDirect%5Fto%5FCell%5FSatellite%5FService%5F999.html?ref=newsletters.qs.com) opened beta registration for Starlink's direct-to-smartphone satellite service, enabling text messaging early next year on select newer devices in most U.S. cellular dead zones with a clear sky view.

## 💻 Quantum Computing  

**🔬 Israel Launches First Domestic Quantum Computer.** [Israel](https://www.calcalistech.com/ctechnews/article/h1xntkceje?ref=newsletters.qs.com) unveiled its first domestically built quantum computer, a 20-qubit system, joining the global race for quantum supremacy. 

## **🛠️** Skills and Workforce  

*With reskilling and upskilling playing a key role in closing workforce gaps, HolonIQ is now tracking these impactful initiatives shaping the tech industry. Read on for this week’s insights, and discover more in HolonIQ's latest* [*Skills newsletter*](https://newsletters.qs.com/tag/skills/)*.*  
  
**🤖 Microsoft launched an AI Skills Initiative that aims to equip 1 million people in Australia and New Zealand with essential AI skills by 2026, addressing a key workforce gap.** The program offers free tools, including an AI Skills Navigator, and tailored content via [Microsoft Learn, LinkedIn, and GitHub, focusing on public services, education, and non-profits](https://www.techrepublic.com/article/microsoft-ai-program-upskill-anz-boost-economy/?ref=newsletters.qs.com). Targeting diverse groups, it ensures AI benefits reach disadvantaged communities. This initiative supports both workforce readiness and Microsoft’s AI ambitions as AI reshapes work and learning.

**🧠 Microsoft has launched New Zealand’s first hyperscale cloud region, marking a milestone in its 40-year presence in the country.** This data center supports cloud adoption, pledges to train 100,000 New Zealanders in [AI and digital skills, and operates on 100% carbon-free electricity via a partnership with Contact Energy](https://www.dailyhostnews.com/microsoft-opens-new-zealands-first-hyperscale-cloud-region?ref=newsletters.qs.com). With generative AI projected to add $76B to the economy by 2038, Microsoft’s initiatives focus on workforce inclusivity, reskilling underserved communities, and empowering local innovators to drive economic growth and sustainability.

**🖥️ Australian CIOs are urged to support Take2’s initiative, which trains incarcerated individuals in tech skills, preparing them for meaningful careers upon release**. Already impactful in New Zealand, Take2 launched its first [Australian program in Sydney and plans to expand. Advocating for "fair chance hiring," the program aligns with global trends, fostering justice, economic growth, and inclusivity.](https://www.cio.com/article/3624091/addressing-tech-skills-shortages-through-australias-correctional-facilities.html?ref=newsletters.qs.com) As Australia's tech sector faces a 200,000-worker shortage by 2025, this approach offers a dual solution: addressing talent gaps while transforming lives and diversifying the workforce.

![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/10/Screenshot-2024-10-25-102758-1.png)

HolonIQ has also launched the [Green Skills Map](http://greenskills.org/?ref=newsletters.qs.com), an open-source framework initiated for cataloging, evaluating, and contextualizing the different components of the rapidly expanding field of green jobs. This comprehensive taxonomy will serve as a resource for understanding the full spectrum and complexity of green skills required across various sectors, thereby enabling a cohesive approach toward achieving net zero and decarbonizing the global economy. Green Skills Map spans 11 areas, 54 sub-areas, and 243 green skills clusters. A snippet of the map covering four areas has been included above. Explore the full map on [greenskills.org](http://greenskills.org/?ref=newsletters.qs.com).

## **💰** TechDeals   

**💴 Databricks Raises Record $10B in Venture Funding.** [Databricks](https://www.nytimes.com/2024/12/17/technology/databricks-funding-venture-capital-deals.html?ref=newsletters.qs.com), a data analytics company, raised $10B in venture capital funding at a $62B valuation, setting a record for the largest venture funding deal in 2024.

**🚫 Spyware Firm Paragon Acquired for Up to $900M.** [Spyware](https://www.calcalistech.com/ctechnews/article/s1ucev64kg?ref=newsletters.qs.com) startup Paragon been acquired by investment firm AE for up to $900M. Paragon's flagship Graphite product can penetrate encrypted messaging apps.

**💵 RED Lattice Acquires Israeli Spyware Firm Paragon for Over $500 Million.** [RED Lattice](https://www.verdict.co.uk/red-lattice-acquires-paragon/?ref=newsletters.qs.com), a US cybersecurity firm acquired Israeli spyware company Paragon for over $500M.

**💶 Liquid AI Raises $250M in Series A Funding Led by AMD.** [Liquid AI](https://techfundingnews.com/liquid-ai-closes-250m-hits-2b-valuation-with-amd-led-funding/?ref=newsletters.qs.com), an AI startup co-founded by Daniela Rus, raised $250M in a Series A funding round led by AMD.

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