So much of the focus of the past five years has been on artificial intelligence and its increasing role in society. Specific to electronics design and manufacturing, scores of companies are now involved in developing large language models and generative AI engines to power next-generation tools capable of synthesizing huge amounts of data and driving subsequent action.
According to Bloomberg, venture capitalists invested some $97 billion into artificial intelligence startups in the US alone in 2024. That’s about half of all the monies by US startups last year. Many of these technologies are unproven, however, and the companies’ founders have little or no track record of success bringing products to market or growing a profitable entity.
Does anyone feel like we are reliving the dot-com bubble of the late 1990s and early 2000s?
And it does make me wonder whether all the hype around AI is obfuscating other significant developments in the electronics space.
PEACHTREE CITY, GA – CIRCUITS ASSEMBLY today opened registration for its annual Service Excellence Awards (SEAs) for EMS providers and electronics assembly equipment, material, service, and software suppliers.
TORONTO – Celestica reported annual revenue of $9.65 billion, up 21,2% from 2023's total.
READING, UK – UK-based electronics manufacturer Active-PCB has announced its acquisition by Agile Circuit Technologies Group.
CHENNAI, INDIA – Syrma SGS Technology saw revenue of INR8.9 billion ($102.7 million) for the third quarter of its fiscal year, marking a 24% year-over-year increase compared to the same period in 2023.
STOCKHOLM – Note reported full-year revenue of SEK3.9 billion ($353 million), down 6% from 2023.