Tech

Asiana A380’s bound for the scrap yard following Korean Air merger

Published

4 years ago

October 13, 2021

The clock is ticking on Asiana Airlines’ A380 fleet as the South Korean carrier prepares to be taken over by long-rime rival Korean Airlines

Asiana and Korean Airlines are set to complete a full merger by 2024, resulting in a combined fleet of 16 superjumbos aircraft.

However, the airline says that’s 16 A380’s too many – so, they are all most likely bound for the scrap yard over the next 5 years, unless they’re sold off.

The A380 was poised to be a game-changer in the aviation industry, due to its size, power and flying time – but the high operation costs mean they are no longer a viable asset for airlines.

The jets are expensive to run on fuel and with so many seats onboard the jet, at times they are hard to fill.

Is the pandemic to blame?

While Korean Airlines and Asiana aren’t saying goodbye to their A380s during the pandemic, it is certainly due to it.

As the global aviation sector continues its recovery from COVID-19, the industry still struggles to find its feet – and there is little use for the 400+ seater jets currently.

While the planes will likely make a comeback by next year or so, their efficiency remains largely in doubt compared to newer aircraft.

The decision will leave two fewer superjumbo operators going into the next half of the decade. While Emirates and Singapore Airlines will retain their top two positions, they will only be joined by four others for certain. For several other carriers, like Qatar Airways, the A380 plans remain a mystery.

Tech

Nvidia and Amazon explore massive OpenAI funding round

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

Published

13 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.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

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.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

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