Hard Numbers: TSMC’s boom, Gemini’s ambitions, Anduril takes Ohio, Synthesia’s ambitions, TSMC evacuates after earthquake

January 21, 2025

Photo illustration of TSMC logos.

Illustration by Costfoto/NurPhoto via Reuters

38.8: On Jan. 16, Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker, reported that its fourth-quarter revenue rose 38.8% from the same period a year ago. Driven by insatiable demand for AI, TSMC has cemented itself as one of the most pivotal companies in the AI supply chain.

500 million: Google CEO Sundar Pichai told employees that he wants 500 million people to use the company’s Gemini AI technology by the end of 2025. It’s unclear how many users Gemini currently has, but it reportedly trails OpenAI’s ChatGPT, which boasts 300 million users.

1 billion: Anduril, which makes drones and other AI-powered military systems, plans to build a $1 billion factory in Columbus, Ohio. The company, based in California, said the Ohio facility, called Arsenal-1, will bring 4,000 new jobs to the Buckeye State.

2.1 billion: Synthesia, the British AI avatar company we wrote about in July, raised $180 million in a new funding round last week, raising its valuation to $2.1 billion. CEO Victor Riparbelli told the Financial Times that the UK is “the only country in the European region right now that has a real shot at becoming a top-three AI superpower.”

6.4: Taiwan was hit by a 6.4-magnitude earthquake on Tuesday, causing TSMC to evacuate its facilities. The chipmaker said that all of its staff were safe. It’s unclear how production was interrupted or whether the buildings sustained damage.

What We’re Watching: Air Crash in India, Time running out for Iran nuclear deal, ICE protests move beyond LA, anti-immigration violence in Northern Ireland

Air India Flight AI171 crashed into the hostel canteen of the B.J. Medical College (BJMC), a well-known medical college in Ahmedabad, India, on June 12, 2025, while students were having lunch inside. Casualties in the building is not known.

West Asia News Agency, Majid Asgaripour/WANA via REUTERS

Hard Numbers: TSMC’s boom, Gemini’s ambitions, Anduril takes Ohio, Synthesia’s ambitions, TSMC evacuates after earthquake

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NATO has long had an informal requirement that its members spend 2% of GDP on defense. However, despite decades of urging by successive US presidents, many member states have consistently fallen short of that target.

Prime Minister Mark Carney pledged this week to increase Canada’s military budget to meet NATO’s target this year. It’s not year clear where the money will go.

Canadian and US officials are reportedly approaching at least the framework of a deal covering trade and other issues.

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Subscribe to GZERO Media's newsletter: Signal

The US on Wednesday evacuated nonessential diplomatic and military personnel from Baghdad and several military bases in the region.

The Trump administration wants to slash the budget of the National Institutes of Health (NIH), the US’ main medical research institution, by 40% for the next fiscal year.

Flooding in South Africa’s Eastern Cape, the result of snow and heavy rain, has left at least 49 people dead, including several people on a school bus that was swept away by the waters.

An increasingly small proportion of each country’s population was alive during some of the most seminal moments in 20th-century history, altering the worldviews of today’s electorates.

On Saturday, US President Donald Trump activated 2,000 members of the California National Guard to quell protests against Immigration and Customs Enforcement’s deportation efforts in Los Angeles, after small but highly visible demonstrations had popped up across the city in the days prior.