Tech

Starlink: Elon Musk makes lofty promises for satellite internet

Published

5 years ago

June 30, 2021

Elon Musk’s satellite network Starlink is on track to reach a huge new milestone in satellite internet coverage by August

Elon Musk says SpaceX’s satellite network Starlink is on track to beam broadband internet across the entire planet (bar the arctics) by August, with half a million users within a year.

“We’re on our way to having a few hundred thousand users, possibly over 500,000 users within 12 months,” he said. SpaceX has already launched over 1500 satellites, with Starlink operational in about a dozen countries.

There is the internal goal if things go right, which needs to be aggressive. Obviously, some things will not go right internally & there will be external issues too.

That said, I think we can stack an orbital ship on an orbital booster in July.
— Elon Musk (@elonmusk) June 29, 2021

“Filling in the gaps between 5G and fiber”

Musk considers Starlink to be “complementary” to existing 5G providers rather than directly competing with them.

“You can think of Starlink as filling in the gaps between 5G and fiber and really getting to the parts of the world that are the hardest to reach,” he said

SpaceX aims to offer broadband to parts of the world where conventional fibre and wireless networks can’t reach. The company plans to offer its technology to customers in rural areas, as well as governments seeking better internet connection.

Highlight's from Elon Musk's MWC keynote so far:
– Starlink has 69,420+ (ha) active users. Expecting 500K+ in 12 months
– Terminals cost $1K but sell for $500. Working on a cheaper "next generation" terminal
– Will attempt orbital Starship launch within the next few launches
— Jackie Wattles (@jackiewattles) June 29, 2021

SpaceX will also be orbiting in Google’s cloud?

Musk said he’s signed two deals with “major country” telecom operators

While he couldn’t name the operators yet, he said he’s also in discussions with more. Starlink is currently is its beta stage of development.

While costs are high, with many individual users are paying $99 per month, or $499 for a bundle including a self-aligning Starlink dish and Wi-Fi router.

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Natasha Schapova

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

Published

11 hours ago

February 2, 2026

Harvey Vargas

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

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News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

3 days ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Tech

Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

Published

6 days ago

January 27, 2026

Harvey Vargas

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

#Lenovo #ConsumerTech #PCMarket #Windows11 #TechPrices #Laptops #HardwareNews #DigitalEconomy