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When experts believe airport delays will end

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It’s looking like another year of airport madness as airlines battle against supply issues

 
When you turn up to the airport for your winter or summer break, there’s that feeling of where did all these people come from? And why aren’t there more staff?

It’s been an ongoing problem since the aviation industry restarted in the ashes of the pandemic.

But it’s been a year and a half since the lockdowns ended for most of the western world – and yet the queues are still long and the frustrations of flying continue.

The US Bureau of Labor Statistics predicts a need for 18,000 pilots annually over the next decade, with Boeing alone aiming to hire 10,000 manufacturing and engineering professionals this year.

Here’s an example how staff shortages are impacting the industry. Rex is an Australian airline. It flies mostly regional but took on a fleet of 737s to fly the major Australian capital cities.

Rex Airlines has forecast a $35m loss for the financial year, with the regional airline citing a lack of pilots and engineers, as well as a drop in business travel.

A sign that this is still an issue of supply and demand.

Aviation journalist Jordan Chong tells Ticker News that it’s not at all surprising that Australian and global airlines are still struggling with staff shortages.

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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

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

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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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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.

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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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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.

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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


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