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# 🖥️ Tech Futures #6
- URL: https://newsletters.qs.com/tech-futures-6/
- Published: 2024-09-02T11:30:04.000Z
- Updated: 2024-10-17T08:32:31.000Z
- Description: HolonIQ's Tech Futures Newsletter covers the latest developments in 5G Technology and Artificial Intelligence and highlights the week's top tech deals.
- Author: QS
- Tags: AI & Digital Skills

**Happy Monday 👋**   
  
Ericsson and e& Egypt [partnered](https://www.techafricanews.com/2024/08/27/ericsson-partners-with-e-egypt-to-advance-ict-infrastructure-and-prepare-for-5g-rollout/?ref=newsletters.qs.com) to improve Egypt's ICT infrastructure with new 5G tech, aligning with Egypt Vision 2030\. Air5 [aims](https://www.rcrwireless.com/20240823/network-infrastructure/kagan-air5-aims-to-revitalize-cable-tv-broadband-with-5g-wireless?ref=newsletters.qs.com) to integrate DOCSIS with 5G in late 2024, aiming to boost the cable TV industry. TRAI’s new Terahertz Experimental Authorization (THEA) [supports](https://www.rcrwireless.com/20240823/spectrum/trai-recommends-thz-experimental-permits-boost-6g-india?ref=newsletters.qs.com) R&D in next-gen tech. In AI-centric semiconductors, Purio’s RNGD chip claims 60% [better](https://www.mk.co.kr/en/business/11103254?ref=newsletters.qs.com) power efficiency than Nvidia's L40S, while IBM’s new Telum II [processor](https://www.mk.co.kr/en/business/11102128?ref=newsletters.qs.com) and Spire AI accelerator enhance enterprise computing. Samsung Electro-Mechanics [invested](https://www.mk.co.kr/en/business/11100811?ref=newsletters.qs.com) $1.9T in FC-BGA for AI servers, and Tesla's [Mojo NIC](https://www.mk.co.kr/en/business/11103253?ref=newsletters.qs.com) improves AI data processing. Meshy-4’s new 3D modeling [tool](https://venturebeat.com/ai/meshy-4-brings-sci-fi-level-ai-to-3d-modeling-and-design/?ref=newsletters.qs.com) enhances the creation of a virtual environment. SK Telecom and Lambda [partnered](https://www.koreatechtoday.com/sk-telecom-and-lambda-unveil-major-ai-cloud-initiative-with-new-gpu-cluster-in-seoul/?ref=newsletters.qs.com) to install a large NVIDIA GPU cluster in South Korea to boost AI services. Aleph Alpha [released](https://venturebeat.com/ai/aleph-alpha-unveils-eu-compliant-ai-a-new-era-for-transparent-machine-learning/?ref=newsletters.qs.com) open-source LLMs for EU regulatory compliance. Recent funding highlights include Shift4 Payments acquiring Givex for [$148M](https://betakit.com/tsx-listed-givex-to-be-acquired-by-american-payments-firm-shift4-for-200-million-cad/?ref=newsletters.qs.com), Cognizant acquiring Belcan for [$1.3B](https://www.prnewswire.com/news-releases/cognizant-completes-acquisition-of-belcan-302230740.html?ref=newsletters.qs.com), Rentvine raising [$74M](https://www.pehub.com/property-management-software-provider-rentvine-inks-74m-from-mainsail/?ref=newsletters.qs.com), and HP securing a [$50M](https://www.fierceelectronics.com/electronics/hp-wins-prelim-50m-grant-under-chips-act-oregon-microfluidics-facility?ref=newsletters.qs.com) grant.

## **🌐** 5G Technology  

**🤝 Ericsson and e& Egypt partner to enhance Egypt's ICT infrastructure with Ericsson’s 20-port antennas.** This [partnership ](https://www.techafricanews.com/2024/08/27/ericsson-partners-with-e-egypt-to-advance-ict-infrastructure-and-prepare-for-5g-rollout/?ref=newsletters.qs.com)also supports multi-operator site sharing, improving 4G, and preparing for 5G, aligning with Egypt Vision 2030 and demonstrating Ericsson’s commitment to innovation**.**

**📺 Air5, a Palo Alto startup, aims to rejuvenate the cable TV industry by integrating DOCSIS with 5G wireless technology**. With trials set for late 2024, Air5 could offer a key growth opportunity for cable operators with [rising competition from 5G](https://www.rcrwireless.com/20240823/network-infrastructure/kagan-air5-aims-to-revitalize-cable-tv-broadband-with-5g-wireless?ref=newsletters.qs.com) and fixed wireless access.

💾 **TRAI introduced the Terahertz Experimental Authorization (THEA) for R&D in the 95 GHz to 3 THz range.** The permit supports trials and experimentation and includes [frequency bands for 6G](https://www.rcrwireless.com/20240823/spectrum/trai-recommends-thz-experimental-permits-boost-6g-india?ref=newsletters.qs.com) and automotive radar, positioning India as a key player in next-gen technology development.

## **💾** AI Centric Semiconductors  

**📼 Purio, a South Korean AI semiconductor leader, launched its RNGD AI inference chip**. It claims [60% better power efficiency](https://www.mk.co.kr/en/business/11103254?ref=newsletters.qs.com) than Nvidia's L40S. RNGD, powered by TSMC’s silicon and featuring two HBM3s, delivers 11.5 queries per second at 185 watts.

 **🖥️ IBM launched its new Telum II processor and Spire AI accelerator.** It will[boost](https://www.mk.co.kr/en/business/11102128?ref=newsletters.qs.com) IBM Z’s mainframe performance with advanced AI capabilities and 40% more cache. Produced by Samsung Foundry's 5-nm process, they target high-performance, energy-efficient enterprise computing.

**📲 Samsung Electro-Mechanics announced its investment of $1.9T to boost its FC-BGA products for AI and servers**. It [secured](https://www.mk.co.kr/en/business/11100811?ref=newsletters.qs.com) an AMD contract for mega data center FC-BGA production in Busan and Vietnam. They focus on challenging server applications, and their technology includes ultra-large areas and fine circuits.

**🖥 Tesla launched its "Mojo" NIC and TTPoE protocol for its AI data center.** Mojo enhances [image data processing](https://www.mk.co.kr/en/business/11103253?ref=newsletters.qs.com) for autonomous driving, and Tesla joined the Ultra Ethernetton Consortium to promote Ethernet in data centers, competing with Nvidia's Infiniband.

## **🖥️** AI Breakthroughs  

**🛡 Meshy-4, a new AI-powered 3D modeling tool from Meshy.** It features improved geometry, a split modeling and texturing process, and a “Retry” option. It aims to [enhance ](https://venturebeat.com/ai/meshy-4-brings-sci-fi-level-ai-to-3d-modeling-and-design/?ref=newsletters.qs.com)professional-quality virtual environments and impact game development and architectural visualization.

**🚀 SK Telecom and Lambda collaborated to install a large NVIDIA GPU cluster at SK Telecom’s Gasan data center.** This willexpand AI cloud services in South Korea, and this [partnership](https://www.koreatechtoday.com/sk-telecom-and-lambda-unveil-major-ai-cloud-initiative-with-new-gpu-cluster-in-seoul/?ref=newsletters.qs.com) will introduce GPU-as-a-Service and support advanced AI applications nationwide.

**☁ Aleph Alpha released two open-source LLMs, Pharia-1-LLM-7B-control and Pharia-1-LLM-7B-control-aligned**. They [emphasize](https://venturebeat.com/ai/aleph-alpha-unveils-eu-compliant-ai-a-new-era-for-transparent-machine-learning/?ref=newsletters.qs.com) transparency and compliance with EU regulations, and these models seek to disprove closed-source models and advance the creation of morally responsible, auditable AI.

## **💰** Deals of the Week  

**💵 Cognizant** acquired **Belcan,** a leading provider of engineering research and development services worldwide, for [$1.3B](https://www.prnewswire.com/news-releases/cognizant-completes-acquisition-of-belcan-302230740.html?ref=newsletters.qs.com) to boost engineering capabilities, expand in digital and IoT, and enter the growing aerospace and defense sectors.

**📈** **Shift4 Payments** acquired **Givex,** a Toronto-based customer engagement platform, for [$148M](https://betakit.com/tsx-listed-givex-to-be-acquired-by-american-payments-firm-shift4-for-200-million-cad/?ref=newsletters.qs.com), to expand a worldwide company that provides services to various market segments.

**🏢 Rentvine,** a property management software provider, secured [$74M](https://www.pehub.com/property-management-software-provider-rentvine-inks-74m-from-mainsail/?ref=newsletters.qs.com) in Series B funding to improve both its product development and expansion and customer support

**🏭 HP,** a tech company specializing in PCs, printers, and enterprise solutions, secured a [$50M](https://www.fierceelectronics.com/electronics/hp-wins-prelim-50m-grant-under-chips-act-oregon-microfluidics-facility?ref=newsletters.qs.com) Grant fund under the US CHIPS Act to aid in the renovation and growth of a microfluidics technology center.

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**Thank you for reading. Have a great week ahead!**  
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