By Michal Siwinski, CMO, Arteris

Emerging Trends and Future Directions in the 2024 Technology Landscape

Michal Siwinski

As 2024 unfolds, a technological revolution is unfolding. Advancements in artificial intelligence (AI), automotive, compute architecture and industrial electronics are reshaping our world. These evolving trends are pivotal in steering us toward a future with unparalleled opportunities.

The Rise of AI and NLP

The acceleration of AI, particularly at the intersection of Deep Learning (subset of Machine Learning) and Natural Language Processing (NLP) where there is a lot of Generative AI and Large Language Models (LLMs) progress, is evident in the rapid progression from ChatGPT 3.5 to GPT-4 with the expected release of GPT-5 by early 2025. This advancement is paralleled by the remarkable engagement with ChatGPT. The current user base has expanded to over 180 million, marking an 80% increase in just eight months. This represents one of the fastest broad adoption rates of a consumer application.  Generative AI and LLMs have finally transcended academic realms, increasingly emerging as practical tools that are reshaping industries and demonstrating significant potential for innovation, whether directly or indirectly experienced by users of end applications.

 Source: Arteris, Inc

AI’s impact extends to training and inference in enterprise computing and data centers. Companies like Tenstorrent are at the forefront, harnessing AI for innovative compute solutions. The deployment of trained models for inference is crucial in applications ranging from automotive advanced driver-assistance systems (ADAS) to industrial robotics, disrupting traditional markets and introducing new paradigms in how we approach technology. This rapid technology development across multiple platforms signifies the transformative era of AI.

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By Zeev Collin, CEO, Semitech Semiconductor

Zeev Collin

Navigating the Tech Terrain: Trends and Transformations in 2024 and Beyond

Amidst the semiconductor industry’s ongoing recovery from the aftermath of Covid-19 and the surging demand from the automotive sector, the technology landscape in 2024 finds itself significantly influenced by recent geopolitics and the waning era of globalization’s golden age. The focus now extends beyond merely what technology accomplishes to where it originates. The growing divergence between China, the U.S., and to a lesser extent, Europe, presents fresh hurdles in terms of market accessibility and technology availability. However, notwithstanding these challenges, it also offers new prospects, particularly for regional startups that stand a better chance of capturing regional markets and gaining access to products that were previously out of reach. Both Chinese and U.S.-based chip companies exhibit resilience, evident in the projected 16.8% sales revenue increase for 2024 following a 10.9% decline in 2023 (as reported by research firm Gartner), with AI and automotive sectors being the primary catalysts for this revenue growth.

The recent geopolitical climate has led to the introduction of the CHIPS Act, aimed at re-establishing semiconductor manufacturing in the U.S. While substantial impacts from major companies will likely take years, if not decades, smaller firms and startups in 2024 are already making early strides by investing in their own “micro-fab,” focused on the more esoteric technologies like photonics and MEMS.

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