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# 🖥️ Tech Futures #8
- URL: https://newsletters.qs.com/tech-futures-8/
- Published: 2024-09-16T11:30:31.000Z
- Updated: 2024-10-17T08:27:41.000Z
- Description: HolonIQ's Tech Futures Newsletter covers the latest developments in semiconductors, 5G, and artificial intelligence productivity and highlights the week's top tech deals.
- Author: QS
- Tags: AI & Digital Skills

**Happy Monday 👋**   
  
This week, the EU upheld a combined [$15.3B](https://thenextweb.com/news/eu-apple-google-fines-back-taxes-ireland-2024?ref=newsletters.qs.com) tax ruling against Apple and Google for unpaid back taxes in Ireland, citing unfair advantages**.** [Infineon](https://asia.nikkei.com/Business/Tech/Semiconductors/Infineon-unveils-world-s-first-12-inch-GaN-power-chip-wafer-tech?ref=newsletters.qs.com) announced the world's first 12-inch GaN wafer, addressing the growing demand for power semiconductors in AI and EVs. [Telespazio and Altec](https://www.satellitetoday.com/connectivity/2024/09/10/telespazio-to-deploy-starlink-in-argentina/?ref=newsletters.qs.com) are deploying Starlink internet to schools and government offices in Río Negro, improving remote connectivity. [SiMa.ai launched MLSoC Modalix](http://sima.ai/?ref=newsletters.qs.com), a 6nm edge AI chip, delivering high performance and energy efficiency for AI models in key industries. Sakana AI secured [$100M](https://analyticsindiamag.com/ai-news-updates/sakana-ai-raises-100m-in-series-a-partners-with-nvidia-to-boost-japans-ai-research/?ref=newsletters.qs.com) in Series A funding to collaborate with NVIDIA on AI infrastructure, research, and community growth in Japan.

## **💾** Semiconductor  

**🏭 Infineon, a leading European chipmaker, announced a breakthrough with the world's first 12-inch gallium nitride (GaN) wafer technology.** This innovation aims to meet the [growing demand](https://asia.nikkei.com/Business/Tech/Semiconductors/Infineon-unveils-world-s-first-12-inch-GaN-power-chip-wafer-tech?ref=newsletters.qs.com) for power semiconductors, especially in AI data centers and electric vehicles. 

**🌍 L&T Semiconductor Technologies (LTSCT) partnered with IBM to co-develop advanced processors.** This collaboration will leverage [both companies'](https://inc42.com/buzz/lt-semiconductor-technologies-partners-with-ibm-to-design-processors/?ref=newsletters.qs.com) expertise to advance semiconductor and processor technologies.

**💡 Tata Electronics signed a deal with Tokyo Electron Limited (TEL) to enhance the infrastructure for its semiconductor projects.** TEL will assist [Tata Electronics ](https://inc42.com/buzz/tata-electronics-partners-tel-for-chip-equipment-infrastructure/?ref=newsletters.qs.com)with its semiconductor fab in Dholera, Gujarat, and its assembly and testing facility in Jagiroad, Assam.

**⚡ The US Department of State announced a partnership with India's Semiconductor Mission (ISM) to diversify and strengthen the global semiconductor supply chain.** This partnership [aims to reduce](https://inc42.com/buzz/india-us-to-collaborate-to-diversify-global-semiconductor-value-chain/?ref=newsletters.qs.com) global dependence on China and improve the semiconductor ecosystem's resilience, security, and sustainability.

## **🛰️** 5G  

**🤖 Sejong City in South Korea will begin a four-month demonstration of service robots in its Naseong-dong commercial.** Funded by $930K, including $740k from national funds, the project will use [5G technology.](https://www.mk.co.kr/en/politics/11114093?ref=newsletters.qs.com)

**🌐 Taihan Cable & Solution completed Kuwait’s first fiber optic cable factory, aiming to support the country's growing 5G infrastructure needs.** This move is expected to bolster [Kuwait's connectivity](https://www.techafricanews.com/2024/09/10/taihan-completes-kuwaits-first-fiber-optic-cable-factory-to-boost-5g-infrastructure/?ref=newsletters.qs.com) and position it as a key player in the Gulf region's telecommunications sector.

**📶 Telespazio and Altec are partnering in deploying Starlink satellite internet to schools and government offices in Río Negro, Patagonia.** The project will initially [cover select](https://www.satellitetoday.com/connectivity/2024/09/10/telespazio-to-deploy-starlink-in-argentina/?ref=newsletters.qs.com) institutions and expand to improve connectivity in remote areas.

## **🧠** AI   

**📈 SiMa.ai launched MLSoC Modalix, a new edge AI chip, built on a 6-nanometer process designed for advanced models like CNNs and Generative AI.** It provides high performance and energy efficiency [for](https://venturebeat.com/ai/edge-chip-maker-sima-ai-launches-modalix-to-bring-multimodal-gen-ai-everywhere/?ref=newsletters.qs.com) industrial automation, healthcare, and aerospace sectors.

**🌟 TCS and Google Cloud launched new AI-driven cybersecurity tools.** Recent updates [include the](https://www.itnewsafrica.com/2024/09/tcs-google-cloud-unveil-new-ai-driven-cybersecurity-solutions/?ref=newsletters.qs.com) Johannesburg Stock Exchange’s Cloud Marketplace and new e-hailing features. The TCS Managed Detection and Response and TCS Secure Cloud Foundation leverage Google Cloud's technology to enhance threat detection and cloud security. 

**🤝 Sony Research and AI Singapore (AISG) collaborated on the SEA-LION project, focusing on large language models (LLMs) tailored for Southeast Asian languages.** The [SEA-LION](https://www.artificialintelligence-news.com/news/sony-and-ai-singapore-collaborate-sea-lion-llms/?ref=newsletters.qs.com) models aim to enhance AI accuracy for the region's diverse languages, including Tamil.

**📚 SK Telecom and SPC Group signed a strategic MOU to enhance cooperation in AI technology.** Their collaboration will focus on [integrating AI](https://www.mk.co.kr/en/business/11113318?ref=newsletters.qs.com) into service interactions, developing B2B solutions for retail, and improving membership app functionalities.

## **💰** TechDeals   

**💵 Salesforce** plans toacquire **Own**, a developer in data protection and data management solutions, for [$1.9B](https://www.calcalistech.com/ctechnews/article/hyiemjv20?ref=newsletters.qs.com)to expand its cybersecurity portfolio.

**💳 Progress** acquired **ShareFile**, a file management platform, for [$875M.](https://techcrunch.com/2024/09/09/progress-acquires-file-management-platform-sharefile-for-875m/?ref=newsletters.qs.com) The deal will enhance Progress's document-sharing and collaboration capabilities.

**💷 Glean**, an AI work platform and search engine company, raised [$260M](https://pitchbook.com/news/articles/glean-doubles-valuation-4-6-billion?ref=newsletters.qs.com) in Series E funding to expand its platform features to search for information across organizations and content.

**🌟 Quantum Source**, an Israeli startup, raised [$50M](https://www.finsmes.com/2024/09/quantum-source-raises-50m-in-series-a-funding.html?ref=newsletters.qs.com) in Series A funding to develop its photonic quantum computers.

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