> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # 🖥️ Tech Futures #4 - URL: https://newsletters.qs.com/tech-futures-4/ - Published: 2024-08-19T11:30:54.000Z - Updated: 2024-10-17T08:34:43.000Z - Description: HolonIQ's Tech Futures Newsletter covers the latest developments in IoT & Networking, AI advancements, and Quantum Tech and highlights the week's top tech deals. - Author: QS - Tags: AI & Digital Skills **Happy Monday 👋** Increasingly, 6G development is on the horizon as the U.S., Sweden, and South Korea lead the charge. Oracle's [integration](https://www.rcrwireless.com/20240813/internet-of-things-4/oracle-taps-att-to-connect-its-enterprise-iot-application-services?ref=newsletters.qs.com) of AT&T’s IoT connectivity intends to improve on cybersecurity, while Nokia and Swisscom Broadcast's [drone initiative](https://www.rcrwireless.com/20240812/internet-of-things-4/swiss-drone-rollout-shows-value-of-brilliant-public-5g-to-industry-says-nokia?ref=newsletters.qs.com) showcases 5G's potential. In AI, California's [partnership](https://www.govtech.com/artificial-intelligence/california-nvidia-team-to-harness-artificial-intelligence?ref=newsletters.qs.com) with NVIDIA boosts training, NXAI is [developing a closed source](https://www.trendingtopics.eu/nxai-ai-modell-7b/?ref=newsletters.qs.com) xLSTM model, and Palantir and Microsoft [push AI in U.S. defense](https://www.artificialintelligence-news.com/news/palantir-and-microsoft-partner-federal-ai-services/?ref=newsletters.qs.com). Quantum tech also makes strides with the [launch](https://www.mk.co.kr/en/it/11091832?ref=newsletters.qs.com) of QuINSA, Ooredoo’s investment in Qatar’s [quantum communication testbed](https://www.techafricanews.com/2024/08/12/ooredoo-funds-qatars-first-quantum-communication-testbed-at-hbku-with-qr-2-8-million-support/?ref=newsletters.qs.com), and SandboxAQ’s [collaboration](https://www.fierceelectronics.com/ai/sandboxaq-nvidia-team-computational-chemistry-breakthrough?ref=newsletters.qs.com) with Nvidia for advanced chemical simulations. ## **🌐** IoT & Networking **📶 Governments, operators, and vendors are collaborating on 6G, targeting 2030 commercialization.** The U.S. partnered with Sweden with multiple agreements, focusing on early R&D, [AI integration](https://www.fierce-network.com/wireless/us-sweden-sign-6g-agreement?ref=newsletters.qs.com), and workforce development, while KT and LG in South Korea focused on full-duplex communication, [AI integration](https://www.mk.co.kr/en/it/11092129?ref=newsletters.qs.com), and global standardization to lead in 6G development. **🔗 Oracle is integrating AT&T's cellular IoT connectivity into its Enterprise Communications Platform (ECP).** This will simplify IoT device deployment, and this all-in-one platform supports [secure communications for public safety](https://www.rcrwireless.com/20240813/internet-of-things-4/oracle-taps-att-to-connect-its-enterprise-iot-application-services?ref=newsletters.qs.com) and enables innovation across various industries using AT&T-connected IoT solutions. **📡 Nokia and Swisscom Broadcast have partnered to deploy 300 drones for emergency and industrial services**. This marks a significant step for 5G-driven Industry 4.0\. The deal exemplifies how telecoms can leverage public 5G infrastructure to [offer digitized services](https://www.rcrwireless.com/20240812/internet-of-things-4/swiss-drone-rollout-shows-value-of-brilliant-public-5g-to-industry-says-nokia?ref=newsletters.qs.com), signaling a new era for enterprise value creation. ## 🤖 AI Tech **🤓 California is partnering with NVIDIA to enhance AI training for community college students, educators, and workers.** The initiative, supported by AI labs, curriculum, and certifications, [aims to grow the economy](https://www.govtech.com/artificial-intelligence/california-nvidia-team-to-harness-artificial-intelligence?ref=newsletters.qs.com), create jobs, and promote innovation across the state. **🖥️ NXAI is developing a 7 billion parameter AI model based on xLSTM technology**. This aims to surpass Transformer models in industrial applications. The model won't be open-source, [focusing instead on high performance, efficiency, and broad industry use](https://www.trendingtopics.eu/nxai-ai-modell-7b/?ref=newsletters.qs.com). **🧠 Palantir and Microsoft have partnered to integrate advanced AI services into classified US defense networks using Microsoft’s Azure OpenAI Service.** This collaboration could [revolutionize AI in national security](https://www.artificialintelligence-news.com/news/palantir-and-microsoft-partner-federal-ai-services/?ref=newsletters.qs.com), reflecting Palantir’s growth in the AI sector and raising ethical concerns about AI's role in surveillance and defense. ## **⚛️** Quantum Tech **🔗 The Ministry of Science and ICT launched QuINSA, a global standardizing organization for quantum information technology.** This involves participation from 107 Korean companies and 18 international firms. The initiative aims to [accelerate the quantum industry’s ecosystem](https://www.mk.co.kr/en/it/11091832?ref=newsletters.qs.com) and promote industrial use through industry-focused standardization efforts. 💵 **Ooredoo is investing $751K in Qatar’s first quantum communication testbed at HBKU’s Qatar Centre for Quantum Computing.** This project aims to secure national communication infrastructure, position Qatar as a [regional quantum technology leader](https://www.techafricanews.com/2024/08/12/ooredoo-funds-qatars-first-quantum-communication-testbed-at-hbku-with-qr-2-8-million-support/?ref=newsletters.qs.com), and stimulate local economic growth. **🧪 SandboxAQ, originally an Alphabet project, is now leading in quantum and AI innovations, particularly in computational chemistry.** Partnering with Nvidia, they've developed Large Quantitative Models (LQMs) and leveraged Nvidia’s Quantum platform to improve [accuracy in AI-driven chemical simulations](https://www.fierceelectronics.com/ai/sandboxaq-nvidia-team-computational-chemistry-breakthrough?ref=newsletters.qs.com). ## **💰** Deals of the Week 🏠 **DevRev**, a technology company based in Palo Alto, California raised [$100M](https://www.finsmes.com/2024/08/devrev-raises-100m-in-series-a-valued-at-1-1b.html?ref=newsletters.qs.com) Series A funding round. The company is to operations and its development efforts. 🔧 **Mechanical Orchard,** a US-based company devops and extreme programming practitioner raised [$50M](https://pulse2.com/mechanical-orchard-50-million-series-b-raised-to-help-companies-transition-away-from-legacy-software/?ref=newsletters.qs.com) in Series B funding. They plan to transition legacy IT systems to modern, cloud-based applications. **📱 Black Forest Labs,** a startup challenging OpenAI and Midjourney in the AI space, raised [$31M](https://www.trendingtopics.eu/black-forest-labs-31-mio-dollar-fuer-herausforderer-von-openai-und-midjourney/?ref=newsletters.qs.com) in venture funding intended to compete with the industry's major competitors by using text-to-image and text-to-video methods. 🖥️ **Veefin Group** acquired **Nityo Tech India,** an IT services company, for an [undisclosed amount](https://inc42.com/buzz/veefin-group-buys-nityo-tech-to-fuel-its-bfsi-portfolio/?ref=newsletters.qs.com) to increase the scope of its digital offerings in the BFSI (banking, financial services, and insurance) industry. --- **Thank you for reading. Have a great week ahead!** Have some feedback or suggestions? Let us know at hello@holoniq.com [ ](https://newsletters.qs.com/psychedelic-mental-health-treatments-south-asia-health-tech-100-2/)