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While today's technology doesn't allow for battery-powered long-range airliners, plenty of companies are working on short- and medium-range electric aircraft. The global market for electric aircraft is estimated to have reached $7.9 billion in 2021, according to market research company MarketsandMarkets. It's projected to reach $27.7 billion by 2030, and building the batteries to power those aircraft could be a billion-dollar market by 2030. Electric Power SystemsCEO: Nathan MillecamHQ: North Logan, UtahNASA's X-57 Maxwell, meant to prove the potential of electric flight, uses Epic batteries built by Electric Power Systems. Those lithium-ion cells need to become more efficient, however, for Eviation to reach its goal of flying hundreds of miles on only electric power.
Now, the United States is going after China's advanced computing and supercomputer industry. The provision called the foreign direct product rule, or FDPR, was first introduced in 1959 to control trading of U.S. technologies. So they expanded the FDPR to control trade of chips made using U.S. technology or tools. The latest move would ban any semiconductor manufacturing firm that uses American tools - which most do - from selling advanced chips to China, said Karl Freund, a chip consultant at Cambrian AI who watches the supercomputing space. In that case, it could take China five to 10 years to catch up to today's technology, he added.
Three entrepreneurs identified steps for finding and building a sustainable team as a solopreneur. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. Mirho, Pendyala, and David Finkel, an author and entrepreneur, shared three key steps to finding, building, and managing a sustainable team as a solopreneur. "Control doesn't mean of the company — it can mean control of a process, an area of the business," Finkel said. Finkel and Pendyala argued that until a founder starts trusting others, they will be limited in their ability to grow and evolve.
The CEO of chip-design company Arm talked about leadership and decision-making in a new interview. He pointed to Tom Brady as an example, who is still playing football at 45 with people half his age. Haas has been at Arm for 9 years, but recently became CEO of the company six months ago. Haas compared the situation to football quarterback Tom Brady, who announced his retirement from the sport in February, just to reverse his decision 40 days later. "For those folks who are football fans out there: why is Tom Brady still playing quarterback at 45, even though, physically, he is playing with guys half his age?
Semiconductor chips are the tiny brains that power our technological world, from cars and cellphones to fighter jets and advanced missile systems. Right now China is awash in money for tech, but you need the right people and customers that trust you. Why China needs the chipsThe Chinese economy is big, but it isn't wealthy. In other words, China needs a more lucrative line of business the same way someone with credit-card debt needs a raise. The Made in China 2025 plan lays out a goal for domestically manufactured chips to meet 70% of China's semiconductor needs within three years.
Under CEO Pat Gelsinger, Intel is making new bets in chip manufacturing and open source software. Analysts say Intel's new foundry business, AI acquisitions, and x86 chips will be foundational. Competition among chip design rivals like AMD and Nvidia is heating up, while other chip startups are on the rise. Besides Mobileye, Intel has been expanding into building a wide array of AI chips, including through its acquisition of Nervana in 2016. Intel's x86 are foundational to its businessFinally, analysts say Intel's x86 chips have been and continues to be the bread-and-butter to its business.
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