Published in: Forum Agenda, 13. June 2024

1. SpaceX and Boeing achieve new milestones

SpaceX and Boeing both achieved new milestones in June with crucial test flights.

Boeing’s Starliner capsule transported two NASA astronauts to the International Space Station. Astronauts Butch Wilmore and Suni Williams overcame helium leaks and a technical problem ahead of docking to rendezvous and disembark on 6 June.

On the same day, SpaceX’s huge Starship rocket launched and returned to complete the vehicle’s first-ever soft ocean landing.

During the live stream of the flight, SpaceX revealed its intention to build a Starship rocket a day in its new manufacturing facility, Starfactory. The base is currently under construction in South Texas.

“Now this will enable us to increase our production rate significantly as we build toward our long-term goal of producing one Ship per day and coming off the production line soon, Starship Version Two,” said Kate Tice, manager of SpaceX Quality Systems Engineering.

2. Nvidia overtakes Apple to become world’s second-most valuable company

AI chipmaker Nvidia shares hit record highs in June, overtaking Apple to become the world’s second-most valuable company.

The company achieved a market value of $3.01tn by market close on 5 June, while Microsoft remains at number one after overtaking Apple earlier in 2024. Nvidia’s processors are in high demand as businesses look to develop improved AI computing capabilities. Its stock has risen by over 147% in 2024.

The company recently unveiled its next generation of processors, just three months after its last launch. Chief executive Jensen Huang revealed the chip – named Rubin – at the Computex conference in Taipei.

The company had previously announced it would be releasing new AI chip models annually. The new chip will have new graphic processing capabilities that are expected to improve its ability to train and launch AI platforms.

Speaking at the launch, Huang said: “With our innovations in AI and accelerated computing, we’re pushing the boundaries of what’s possible and driving the next wave of technological advancement.”

3. In brief: Other tech stories to know

Amazon’s robotaxi unit Zoox is to begin trialling its autonomous vehicle in Austin, Texas and Miami, Florida. Its fleet of retrofitted Toyota Highlanders will operate with human safety drivers, near business and entertainment districts.

Google is set to build Pixel smartphones and drones in India. The tech giant will use an existing facility in Tamil Nadu. The company announced plans to build phones in the country last year, saying: “India is a priority market for Pixel smartphones, and we’re committed to bringing the best of our hardware and underlying built-in software capabilities to people across the country.”

Apple has announced it will use its own server chips to power AI features on its devices, it told its annual developer conference.

And an electric headset has been recommended in the treatment of depression, following a trial in the UK. The Flow Neuroscience headset was given to patients to wear for 30 minutes daily for a period of six weeks. The study found it was an “effective treatment” for depression.

4. More on technology from the Forum

As the metaverse evolves, comprehensively understanding identity is crucial for its potential to revolutionize how people interact and express themselves digitally, facilitating a space that respects privacy, security and human rights. Read more here.

Innovators need to learn to explain and sell the value of the technology they’re developing, argues Thomas Crampton, Co-Founder, Crampton Blackie Partners. He explores four ways innovators and entrepreneurs can engage more effectively with investors. Find out more here.

2025 will mark 100 years of scientific discoveries and breakthroughs based on quantum mechanics. With a second century of quantum development on the horizon, two quantum experts explore how governments, civil society and the private sector can collaborate to ensure inclusive and equitable advances. Learn more here.

(read original article to benefit from all graphs and visuals)

Image: DALL-E 3