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What’s New Today: TSMC introduces “System on Wafer-X” to boost AI chip speed and efficiency. Two new Arizona fabs will support this leap in performance.
Fast-Track Insights: Female founders secure €130.8M across sectors like freelance platforms, real estate, and gene editing, highlighting growing trust in women-led innovation.
Here’s a quick rundown of the biggest tech headlines making waves today. Let’s dive into the day’s top tech stories, from TSMC’s AI chip innovation to women entrepreneurs breaking funding records.
Taiwan Semiconductor Manufacturing Co. (TSMC) has introduced its "System on Wafer-X" technology, enabling the integration of at least 16 large computing chips with memory and optical interconnects into a single, high-performance package. This innovation aims to enhance processing speeds and energy efficiency, catering to the growing demands of artificial intelligence applications. TSMC plans to support this advancement by establishing two new factories in Arizona.
Female-founded startups secured nearly €130.8 million in funding last week, marking a significant milestone in venture capital investment. Notable deals included €14 million for Shakers, a freelance talent platform, €3 million for SCALARA, a property management startup, and €2.62 million for genome editing company Quidditas. This surge underscores the growing momentum and investor confidence in women-led ventures across various sectors.
The Trump administration's policies have introduced uncertainties for international students considering U.S. higher education. Visa restrictions and political tensions have made students like Ma Tianyu question their choices. While U.S. universities remain academically prestigious, the unwelcoming climate prompts students to explore alternatives, potentially impacting U.S. institutions financially reliant on international tuition.
IBM has transitioned from a traditional tech company to a leader in artificial intelligence by focusing on enterprise solutions like Watsonx and Granite AI models. Under CEO Arvind Krishna, the company acquired Red Hat, spun off its infrastructure business, and invested heavily in AI and cloud computing. These moves have enhanced IBM's market position, leading to significant financial gains and industry recognition.
Coinbase's stock price surged over 10% following the announcement of its inclusion in the S&P 500 index, set for May 19. This milestone marks a significant achievement for the cryptocurrency exchange, reflecting its growing prominence in the financial sector. The inclusion is expected to attract increased investment from index-tracking funds, further boosting Coinbase's market presence.
