The chip advance set to make smartphones smarter

iPhone user
Apple’s new iPhones are set to be the first consumer gadget powered by 5nm chip technology

When Apple unveils its new iPhones, expect it to make a big deal of the fact they’re the first in the world to be powered by a new type of chip.

This, we’ll likely be told, will let owners do things like edit 4K video, enhance high-resolution photos and play graphically-intensive video games more smoothly than was possible before while using less battery power.

The “five nanometre process” involved refers to the fact that the chip’s transistors have been shrunk down – the tiny on-off switches are now only about 25 atoms wide – allowing billions more to be packed in.

Effectively it means more brain power.

Travel back just four years, and many industry insiders doubted the advance could be delivered so soon.

That it has been, is in large part down to the ingenuity of a relatively obscure Dutch company – ASML.

It pioneered a way to carve circuitry patterns into silicon via a process called extreme ultraviolet (EUV) lithography.

Its machines cost a cool $123m (£92m) each, which is high even in relation to other semiconductor industry tools.

But it’s currently the only company making them. And they are still more cost-effective than alternative options, in part because of a low defect rate.

“At such small scales precision is key,” said Dr Ian Cutress, who reports on the sector for Anandtech.

“What they’re doing is akin to hitting a stamp on the surface of Mars with a paper aeroplane.”

ASML likens its technology to making the leap from using a marker pen to a fine-liner.

But rather than ink it uses what it terms “feeble light” generated via a mind-boggling process.

Light wavelengths graphic
ASML’s process uses light at a 13.5nm wavelength, sitting in

Trym Closes $3.1M Seed Round to Advance Cannabis Cultivation Software and Accelerate Growth

7thirty Capital and Delta Emerald Ventures co-led the investment with participation from Welcan Capital, Arcview Collective Fund, and others

NOVATO, Calif., Sept. 29, 2020 /PRNewswire/ — Trym, a pioneering cannabis cultivation software company, is pleased to announce the completion of its $3.1M seed funding round of financing. In addition to an initial friends and family of $1M, 7thirty Capital and Delta Emerald Ventures co-led the preferred round of $2.1M. Welcan Capital, Arcview Collective Fund, and others also participated in the oversubscribed round. The funding will enable Trym to make further software advancements and expand its trusted farm management platform into new markets.

(PRNewsfoto/Trym)
(PRNewsfoto/Trym)

“Our investors are a perfect match with Trym’s DNA,” said Matt Mayberry, CEO and co-founder, Trym. “They understand that connectivity is the future of cannabis agriculture and that to stay in the game, commercial cultivators have to closely track and manage all aspects of their business. A disruption is happening in the market and we’re helping to drive it.”

Trym currently operates in 14 U.S. states and works with more than 80 of the largest cultivators and multi-state operators in the country.

Intense competition in the cultivation supply chain pushes down on prices and forces operators to improve their production efficiency to stay competitive. Trym addresses the needs of scaling organizations and will use the capital to continue improving its cultivation-focused platform. The funds will also be deployed for strategic software integrations with complimentary supply chain software and hardware systems.  

“The growth opportunity in the cannabis cultivation software market is very exciting for us,” said Micah Tapman, Managing Partner at 7thirty Capital. “Trym is disrupting cannabis cultivation with a comprehensive software platform that streamlines business and connects the whole team for more efficient farm management.  We have watched Trym grow since 2019,

ACI Worldwide and Mastercard to Collaborate and Advance New Payment Solutions and Experiences for Customers

ACI and Mastercard will begin their collaboration by working together to offer industry-leading technology and expertise to central banks, scheme operators and market participants to fast-track the migration and modernization of real-time payment solutions around the world

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and Mastercard, the global multi-rail payments technology company, today announced that they will partner to provide a wide range of real-time payment solutions globally. They will initially collaborate to offer best-in-class central infrastructure, payments localization and access solutions to central banks, scheme operators, financial institutions, payment service providers, and other organizations launching real-time payments initiatives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005265/en/

The real-time account-to-account payments market continues to quickly expand. Prime Time for Real-Time — a recent study analyzing global real-time, account-to-account payment volumes and forecasts across 30 global markets — projects a Compound Annual Growth Rate (CAGR) of 23.4 percent from 2019 to 2024. While existing schemes around the world are adding new participants and value-added services, additional country and regional schemes are launching each year, including more than 20 schemes in varying planning stages.

With a complementary real-time payments vision, the combination of Mastercard’s central infrastructure and ACI’s payments access and real-time message transformation technology delivers an unmatched end-to-end offering. The new joint solution delivers key benefits including:

  • Flexible deployment options — Mastercard and ACI collaboration provides deployment options that range from a fully managed service in the cloud, to supporting on-premise software for government, central bank and system operator-owned platforms

  • Ability to support existing local market requirements — the joint solution reduces the amount of time to onboard participants and provides flexibility to accelerate real-time adoption

  • ISO20022-first approach — joint real-time capabilities support organizations today and tomorrow, and provide translation