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60 PCB007 MAGAZINE I AUGUST 2020 China Everbright Limited, Terminus Technologies Launch A 10-Billion AI Economy Fund E China Everbright Limited and Terminus Tech- nologies announced the joint launch of "CEL AI Economy Fund," aiming to raise RMB 10 bil- lion and operate in both Renminbi and USD. Lion Semiconductor Collaborates With Renesas to Develop Advanced 50W Wireless Power E Lion Semiconductor Inc. announced it is work- ing with Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, to develop ultra-high-speed wireless charging solutions with up to 50W for use in flagship smartphones and other mobile devices. BIRD: Israel-U.S. Binational Industrial R&D Foundation to Invest $8 Million in 10 New Projects E During its meeting on June 23, 2020, held via video conference, the Board of Governors of the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation approved $8 million in funding for ten new projects between U.S. and Israeli companies. In addition to the grants from BIRD, the projects will access pri- vate sector funding, boosting the total value of all projects to approximately $20 million. Bosch Launches Longevity Program for Industrial, IoT Applications E Bosch Sensortec is launching a longevity pro- gram and expanding its product portfolio to meet the specific needs of industrial applications. By ensuring products will be available for 10 years, this new program will give customers peace of mind, as well as access to high-performance, ro- bust sensors, and increased purchasing flexibil- ity due to smaller reel sizes. New MIT Research Suggests Widespread Autonomous Driving at Least a Decade Away E The MIT Task Force on the Work of the Fu- ture released a new research brief examining the future of autonomous vehicles. The brief is part of a series of subject-specific research projects by MIT faculty that will help frame national discussion and policies about work, technology, and how we can create greater shared prosperity in the country. ADLINK Launches All-in-One AI-Enabled Smart Camera E ADLINK Technology Inc., a global leader in edge computing, launched the new NEON- 2000-JT2 AI-enabled smart camera series to make machine vision deployment for AI- based factory automation easier. NVIDIA Names John Dabiri to Board of Directors E NVIDIA announced that it named to its board of directors John Dabiri, the Centennial Profes- sor of aeronautics and mechanical engineering at the California Institute of Technology, where he previously served as dean of students and chair of the faculty board. Samsung Leads Semiconductor Paradigm Shift With New Material Discovery E Researchers at the Samsung Advanced Insti- tute of Technology (SAIT) unveiled the dis- covery of a new material, called amorphous boron nitride (a-BN), in collaboration with Ul- san National Institute of Science and Technol- ogy (UNIST) and the University of Cambridge. Published in the journal Nature, the study has the potential to accelerate the advent of the next generation of semiconductors.

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