➀ Texas Instruments has committed to investing over $60 billion to expand its U.S. manufacturing capacity, marking the largest-ever investment in foundational semiconductor manufacturing in the U.S. history.

➁ The investment will support over 60,000 jobs at new manufacturing sites in Texas and Utah.

➂ Texas Instruments plans to build seven large-scale fabs, including two new facilities in Texas, with the first new fab, SM1, scheduled to begin production this year.

➀ The actual valuation of Yangtze Storage Technology Co., Ltd. has been confirmed at approximately 161.616 billion yuan;

➁ Yuan Yuan Drink, a beverage company, has invested 1.6 billion yuan in Yangtze Storage, acquiring a 0.99% stake;

➂ Yangtze Storage is recognized as the domestic leader in storage chips and has not yet been listed on the stock market.

➀ Vertex Growth, a Singapore-based growth-stage venture capital fund, has announced a €10M investment in Dolphin Semiconductor;

➁ The investment aims to support and accelerate the growth strategy of Dolphin Semiconductor;

➂ Dolphin Semiconductor is a leading provider of semiconductor IP solutions specializing in mixed-signal IP design.

➀ GS Microelectronics (GSME) has secured $18 million in growth investment;

➁ The investment is from a consortium of strategic partners and technology funds;

➂ The funds will be used to fuel GSME's growth plans including portfolio diversification and global service expansion.

➀ The dilemma facing Big Tech is the cost of building AI, with estimates ranging from tens of millions to tens of billions;

➁ Some investments in cheap, effective Chinese products have raised concerns about the wisdom of some investments;

➂ Microsoft is withdrawing from data center projects in various countries, and expectations for GenAI are declining due to high failure rates and dissatisfaction with current results;

➃ OpenAI is not yet profitable and expects positive cash flow only in 2029, despite spending $644 billion on AI programs and data centers.

➀ The article discusses the challenges and opportunities for Europe in the global AI competition.

➁ It mentions the large-scale investment in AI infrastructure in the US and the emergence of cost-effective language models from China.

➂ The EU's response with the 'InvestAI' initiative and the 200 billion Euro investment package is highlighted, along with the EU Commission's plan to invest 1.3 billion euros in AI by 2027.

Phlux Technology, a Sheffield-based infrared sensor specialist, has successfully raised a $11.7 million Series A funding round, led by BGF and supported by existing investors including Octopus Ventures, Northern Gritstone, and Foresight. The funds will be used to expand into optical communications and sensing industries, leveraging Phlux's antimonide-based semiconductor technology. This technology aims to provide faster, more energy-efficient sensor and connectivity systems, with potential data rate improvements of up to 5x over current systems. The company also plans to scale its team, increase production, and launch two new product lines. Phlux's sensors are expected to play a critical role in advanced sensing technologies across various industries.

➀ Investment in GenAI is expected to increase by 76% this year, but expectations for its capabilities are declining, according to Gartner.

➁ This paradox is expected to continue throughout this year and next.

➂ Despite the high failure rates in initial proof-of-concept (POC) work and dissatisfaction with current GenAI results, foundational model providers are investing billions annually to enhance GenAI models.