San Jose-based DreamBig Semiconductor secured $75 million in equity funding, co-led by Samsung Catalyst Fund and Sehat Sutardja. Founded in 2019, DreamBig develops chiplet platforms for large language models and generative AI, totaling nearly $93 million raised so far. The semiconductor sector thrives, driven by the AI craze, with companies developing cost-effective, energy-efficient, and fast generative AI chips. Other significant deals include Etched.ai's $120 million, Black Semiconductor's $275 million, Celestial AI's $175 million, and Recogni's $102 million. Venture funding for semiconductor startups reached nearly $5.7 billion in 2024 across 210 deals, showing strong investment despite fewer deals than the previous year.

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Tax breaks worth trillions of dollars, including the qualified business income (QBI) deduction, are set to expire after 2025 unless Congress acts. This deduction allows self-employed individuals and business owners to deduct up to 20% of eligible revenue. Enacted in 2017, the QBI deduction aims to align pass-through business tax rates with corporate tax rates. Approximately 25.9 million QBI claims were filed in 2021, up from 18.7 million in 2018. The cost of extending the QBI deduction is estimated at over $700 billion over ten years and faces scrutiny amid budget debates. Critics argue it predominantly benefits wealthy taxpayers, although IRS data indicates middle-income taxpayers also benefit. The expiration debate includes contrasting views from business advocates, policymakers, and experts, with President Joe Biden pledging to extend the tax breaks for those earning less than $400,000.

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Funding to Latin American startups rose significantly in the second quarter of 2024, driven by a resurgence in late-stage deals. Companies in South and Central America raised $791 million in seed- through growth-stage financing, marking a 25% rise from the previous quarter and a 17% increase from a year ago. Fintech led the recovery, with notable deals including $120 million for Celcoin and $100 million for Clip. Other sectors also saw large rounds, such as Incidium's $40 million and Akad Seguros' $22.5 million. Late-stage deals saw the biggest improvement, with Series C and beyond totaling $291 million. Early-stage investments remained stable at $386 million. Despite improvements, overall funding is still significantly below the record highs of 2021.

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