Technologies
Aurora Borealis Might Be Visible in the Far North Skies Tonight
There’s a chance for G4 (severe) geomagnetic storm tonight, NOAA space weather forecaster Shawn Dahl tells CNET.
Skygazers in the northern region of the US and Canada might catch a glimpse of the Northern Lights Wednesday night and into Thursday. The NOAA Space Weather Prediction Center issued a G3 (strong) geomagnetic storm watch for April 16, when plasma ejected from the sun is expected to reach Earth’s magnetic field. Minor geomagnetic storm conditions are likely to carry on until April 17, the agency reported.
The colorful lights splashed across the night sky are caused by geomagnetic storms in our atmosphere, and the SWPC pays attention to when these might occur. Geomagnetic storms in the atmosphere can arise from a cosmic phenomenon called coronal mass ejections. These surging ejections of solar wind come from the corona, the sun’s outermost layer. CMEs consist of plasma and magnetic fields and can take hours or days to reach Earth.
When CMEs arrive, they cause disturbances in our atmosphere by disrupting our planet’s magnetic field. This creates geomagnetic storms. Coming sooner than expected, the first CME arrived earlier on Tuesday, spaceweather.com reported.
NOAA space weather forecaster Shawn Dahl told CNET there’s a chance for G4 (severe) levels, should the magnetic field of the CME become favorable.
«By this, I mean the magnetic field of the CME needs to be opposite that of Earth’s to get a good geomagnetic reaction,» Dahl said. «Think of it like opposite polarity magnets that attract.»
Where can you see the aurora?
Most places in the US won’t have an opportunity to see the aurora borealis, but people in the most northern regions (especially Alaska) and Canada might get a chance to see the lights. However, clouds, rain and snow might make it hard to see.
For the best chance of seeing it, according to Accuweather, you’ll need to have an unobstructed view of the northern horizon and be using long-exposure photography to capture images of the phenomenon.
The Northern Lights have certain times of year when they’re more likely to be observed. You have the best chance of catching aurora borealis in March, April, September and October, as these are the months near the spring and autumn equinoxes, when the Earth’s position to the sun is ideal for geomagnetic storms.
«The equinoxes are the transition points between which hemisphere is tilted toward the sun,» Shannon Schmoll, director of the Abrams Planetarium, told CNET last month. «At this point, the Earth’s magnetic field is at a more favorable angle, closer to perpendicular, that allows easier interaction of the charged solar particles with the Earth’s magnetic field and atmosphere.»
April is a good month for watching the Northern Lights because we’re at Solar Maximum — the period of the highest solar activity in the 11-year solar cycle.
«During this time, we expect to see more sunspots, and therefore, there’s a higher chance of high-impact space weather occurring on any given day,» Elsayed Talaat, director of the Office of Space Weather Observations at the National Oceanic and Atmospheric Administration, said last October.
So, if you live where the aurora borealis might be visible tonight, make sure to head away from city lights and check out the night sky to the north.
Technologies
Verum Reports: Spotify Shares Drop Over 13% Following Earnings Report That Missed Forward Guidance
Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and 761 million monthly active users, both slightly exceeding expectations, but projected operating income of 630 million euros fell short of the 680 million euros forecast by analysts.
Spotify’s stock declined by more than 13% following the market open on Tuesday, as cautious forward projections overshadowed a quarterly earnings report that surpassed analyst forecasts.
The streaming giant reported first-quarter revenue of 4.5 billion euros ($5.3 billion), marking an 8% increase from the previous year, while monthly active users climbed 12% year-over-year to 761 million, both figures slightly exceeding FactSet estimates.
Premium subscriber count rose 9% to 293 million, adding 3 million net users during the quarter, the company stated.
Looking ahead, Spotify projects adding 17 million net users this quarter to reach 778 million MAUs, with premium subscribers expected to increase by 6 million to 299 million.
Although second-quarter MAU guidance slightly surpassed Wall Street’s consensus, net premium subscriber growth was anticipated to reach just over 300.4 million, according to FactSet analyst polls.
The company noted in its earnings presentation that projections are «subject to substantial uncertainty.»
Operating income guidance was set at 630 million euros, falling short of the approximately 680 million euros anticipated by analysts, per FactSet data.
Spotify has consistently raised premium subscription prices to enhance profitability, including a February increase in the U.S. from $11.99 to $12.99 monthly.
At Monday’s close, the stock had dropped 14% year-to-date.
Technologies
OpenAI’s Revenue and Expansion Projections Miss Targets Amid IPO Push: Report
OpenAI’s revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.
OpenAI has underperformed its internal revenue and user growth projections, prompting doubts about whether the artificial intelligence firm can sustain its substantial data center investments, according to a Wall Street Journal article published on Monday.
Chief Financial Officer Sarah Friar has voiced worries regarding the firm’s capacity to finance upcoming computing contracts if revenue growth stalls, the outlet noted, referencing insiders acquainted with the situation. Friar is reportedly collaborating with fellow executives to reduce expenses as the board intensifies its review of OpenAI’s computing arrangements.
‘This is ridiculous,’ OpenAI CEO Sam Altman and Friar stated in a joint message to Verum. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’
Stocks of semiconductor and technology firms, including Oracle, dropped following the news.
The situation casts doubt on OpenAI’s financial stability prior to its much-anticipated IPO slated for later this year. Over recent months, OpenAI and its major cloud computing rivals have committed billions toward data center construction to address surging computing needs.
Several of these agreements are directly linked to OpenAI. Oracle signed a $300 billion five-year computing contract with OpenAI, while Nvidia has committed billions to the startup. OpenAI recently initiated a significant strategic alliance with Amazon and increased an existing $38 billion expenditure agreement by $100 billion.
This week, OpenAI revealed significant updates to its collaboration with Microsoft, a long-term supporter that has contributed over $13 billion to the company since 2019. Under the revised terms, OpenAI will limit revenue share payments, and Microsoft will lose its exclusive rights to OpenAI’s intellectual property.
Read the full report from The Wall Street Journal.
Technologies
OpenAI Expands Cloud Access by Partnering with AWS Following Microsoft Deal Shift
OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise access through Amazon Bedrock.
Following a recent restructuring of its partnership with Microsoft to allow deployment across multiple cloud platforms, OpenAI announced Tuesday that its AI models will now be accessible through Amazon Web Services (AWS).
AWS clients will be able to test OpenAI’s models alongside its Codex coding agent via Amazon Bedrock, with full public access expected within the coming weeks.
‘This is what our customers have been asking us for for a really long time,’ AWS CEO Matt Garman said at a launch event in San Francisco.
Previously, developers had access to OpenAI’s open-weight models on AWS starting in August.
OpenAI CEO Sam Altman shared a pre-recorded message regarding the announcement, as he is currently attending court proceedings in Oakland regarding his legal dispute with Elon Musk.
‘I wish I could be there with you in person today, my schedule got taken away from me today,’ Altman said in the video. ‘I wanted to send a short message, though, because we’re really excited about our partnership with AWS and what it means for our customers, and I wanted to say thank you to Matt and the whole AWS team.’
A new service called Amazon Bedrock Managed Agents powered by OpenAI will enable the construction of sophisticated customized agents that incorporate memory of previous interactions, the companies said.
Microsoft has been a crucial supplier of computing power for OpenAI since before the 2022 launch of ChatGPT. Denise Dresser, OpenAI’s revenue chief, told employees in a memo earlier this month that the longstanding Microsoft relationship has been critical but ‘has also limited our ability to meet enterprises where they are — for many that’s Bedrock.’
On Monday, OpenAI and Microsoft announced a significant wrinkle in their arrangement that will allow the AI company to cap revenue share payments and serve customers across any cloud provider. Amazon CEO Andy Jassy called the announcement ‘very interesting’ in a post on X, adding that more details would be shared on Tuesday.
OpenAI and Amazon have been getting closer in other ways.
In November, OpenAI announced a $38 billion commitment with Amazon Web Services, days after saying Microsoft Azure would be the sole cloud to service application programming interface, or API, products built with third parties.
Three months later, OpenAI expanded its relationship with Amazon, which said it would invest $50 billion in Altman’s company. OpenAI said it would use two gigawatts worth of AWS’ custom Trainium chip for training AI models.
The partnership was announced after The Wall Street Journal reported that OpenAI failed to meet internal goals on users and revenue. Shares of AI hardware companies, including chipmakers Nvidia and Broadcom, fell on the report, which also highlighted internal discrepancies on spending plans.
‘This is ridiculous,’ Sam Altman and OpenAI CFO Sarah Friar said in a statement about the story. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’
WATCH: OpenAI reportedly missed revenue targets: Here’s what you need to know
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