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Global Tech Highlights Q1 2024

What were the key technology highlights in Q1 2024?


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Several events, launches and technological advances marked the first quarter of the year. We separate the main highlights of the period:


AI Leading VC Investments


AI startups remained leaders in investment in the first quarter, with a total of US$11.4 billion. In 2023, AI achieved the highest growth, totaling approximately $50 billion.


Big Tech’s Partnership


A Apple negotiates an agreement to integrate Gemini, Google´s artificial intelligence, into the iPhone. The two tech giants are in active negotiations to power new features coming to the next version of the iPhone later this year.


India’s Unicorn


In a historic milestone for India's technology ecosystem, startup Krutrim has become the first Indian unicorn in the field of artificial intelligence. The startup, founded last year, is the fastest to become a unicorn in the country.


Landmark Approval


The United States financial market regulator, SEC, approves bitcoin ETFs. The launch handled around US$9.6 billion in the first two days of trading, achieving the highest volume recorded for any ETF launch in the American market.


1ST Tokenized Fund


BlackRock, the largest fund manager in the world, launches its first blockchain fund, linked to Ethereum, in an important step for the market. The fund attracted more than R$1 billion in seven days.


All Time High: 


Bitcoin reaches a new all-time high for the first time in two years and surpasses $72k.


New Status


NVIDIA exceeds US$2 trillion in market value and becomes the third most valuable company in the world, behind only Microsoft and Apple.


Vision Pro


Apple launches first glasses that mix virtual reality with augmented reality. The VisionPro combines the two technologies, making it possible to see “infinite” projected screens in any environment in which the person is.


1st Eletric in History


Tesla Model Y is the first electric car to be the best-selling in the world. It is the first time that an electric car has taken the global lead in car sales since the ranking began to be published in the 80s.


HPE & JUNIPER


Spin-off from HP announces acquisition of networking equipment maker Juniper Networks for US$14 billion, in an attempt to improve product offerings aimed at artificial intelligence.


Reddit IPO


The social network debuts on the New York Stock Exchange, representing a positive sign for the IPO market this year.


Ilegal Monopoly


The US Department of Justice is suing Apple for illegally maintaining a monopoly on its iPhones by stifling competition and imposing high costs on consumers.


Cyber Attacks


The number of global cyberattacks increased by 28% compared to the last quarter of 2023. In Brazil, the increase was 38% in the first quarter of the year.

 

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