In the first five months of 2025, China added 198 GW of solar and 46 GW of wind, including a May surge of 93 GW solar and 26 GW wind, lifting total solar capacity to 1,080 GW. A June 2025 federal court overturned the freeze on the NEVI program, unfrozing about $1 billion in charging…
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In 2024 the value of new industrial robot installations reached $16.5 billion, with over 4.28 million robots operating in factories worldwide. Asia accounted for 70% of new robot installations in 2023, with China alone representing 51% of 2023 installations. In 2025 robotics is being transformed by AI, with analytical AI, Physical AI simulators like NVIDIA’s…
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Recent News and Highlights (Mid-2025) Table 1 – NVIDIA’s Explosive Revenue Growth (Fiscal year ends late January; FY2025 covers Feb 2024–Jan 2025) Fiscal Year Annual Revenue (USD) YoY Growth FY2023 (ended Jan 2023) $26.97 billion macrotrends.net macrotrends.net +0.2% macrotrends.net (flat) FY2024 (ended Jan 2024) $60.92 billion macrotrends.net macrotrends.net +125.9% macrotrends.net FY2025 (ended Jan 2025) $130.50 billion nvidianews.nvidia.com macrotrends.net +114.2% macrotrends.net NVIDIA’s revenues more…
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Q1 2025 fintech funding jumped 18% quarter-over-quarter to over $10 billion, the highest level in two years. The U.S. FedNow real-time payment rails had onboarded more than 1,200 banks by early 2025 and processed 1.3 million transactions in Q1 2025, up 43% QoQ. In June 2025, the European Payments Initiative launched a cross-border collaboration to…
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Global semiconductor revenue reached $626 billion in 2024, up 18.1% from 2023, with Gartner projecting about $705 billion in 2025. Data-center AI chip sales rose to $112 billion in 2024, up from $64.8 billion in 2023, making generative AI workloads the second-largest semiconductor market after smartphones. Memory revenue jumped about 72% in 2024 and accounted…
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Late 2024, the first FDA-approved CRISPR-based therapy exagamglogene autotemcel (Casgevy) reached patients, with Vertex reporting $2 million in revenue from this sickle-cell gene-editing therapy in Q3 2024. Prime Medicine’s PM359 autologous CRISPR prime-edited cell therapy for chronic granulomatous disease began a Phase I/II study in 2024, with initial first-in-human data expected in late 2025. Wave…
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Gartner projects worldwide generative AI spending will reach $644 billion in 2025, up 76% from 2024. By mid-2025, over 72% of companies have adopted some form of AI, with about 65% of firms using generative AI in 2024. Deloitte predicts 25% of AI-using companies will pilot autonomous “agentic AI” systems in 2025, rising to 50%…
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Meta’s Quest 3, released in late 2023, is a standalone VR headset with mixed reality capabilities that is roughly twice as powerful as its predecessor and features high-resolution pancake lenses plus full-color passthrough for MR. Apple’s Vision Pro, announced in mid-2023 and released in early 2024, costs about $3,500 and uses dual 4K micro-OLED displays…
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Nintendo Switch 2 launched on June 5, 2025, alongside a wave of first-party titles, with Mario Kart World as a day-one exclusive priced at $79.99. Enhanced Switch 2 editions of The Legend of Zelda: Tears of the Kingdom and The Legend of Zelda: Breath of the Wild were released on launch day with improved performance.…
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In 2025, researchers unveiled the first topological quantum processor, an 8-qubit device using Majorana particles. D-Wave’s Advantage quantum annealing computer solved a complex magnetic simulation in minutes, a problem that would take classical supercomputers millions of years. In late 2024 Google debuted the 105-qubit Willow superconducting chip with unprecedented error-correction performance. IBM crossed the 1,000-qubit…
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