Technologies

There’s a Growing Weak Spot in Earth’s Magnetic Field. What it Means

The weak spot has been known about for over half a century, but it’s now getting bigger.

It would be an understatement to say that the Earth’s magnetic field is important. It’s one of the reasons we’re able to live on this rock tumbling through space, and it also gives us the gorgeous aurora borealis. So it’s a pretty big deal when it changes — and such a change is occurring right now in the South Atlantic Ocean, where the magnetic field’s weakest point appears to be growing.

The European Space Agency spent 11 years studying the magnetic field via the agency’s Swarm operation. Part of the mission was to measure and observe the South Atlantic Anomaly, a pronounced weak spot in the Earth’s magnetic field that sits over South America. This was originally discovered in 1958 when satellites first started measuring radiation around the Earth, so its existence is nothing new.

However, data from the Swarm mission shows that the weak spot has been rapidly growing, extending its presence across the Atlantic Ocean toward Africa.

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Why is the weak spot growing?

Per the ESA, this phenomenon can be best explained by strange behaviors far within the Earth at the boundary where the Earth’s liquid outer core meets the rocky mantle layer. This boundary, referred to as reverse flux patches, is acting funny and causing the magnetic field to weaken in that one spot.

«Normally, we’d expect to see magnetic field lines coming out of the core in the southern hemisphere,» says C.C. Finlay, lead author of the study and professor of geomagnetism at the Technical University of Denmark. «But beneath the South Atlantic Anomaly, we see unexpected areas where the magnetic field, instead of coming out of the core, goes back into the core. Thanks to the Swarm data, we can see one of these areas moving westward over Africa, which contributes to the weakening of the South Atlantic Anomaly in this region.»

In addition to the South Atlantic Anomaly, the Swarm mission also showed that a stronger section of the magnetic field over Canada was also getting weaker, while the one over Siberia was getting stronger.

A danger to satellites everywhere

The weakened zone won’t have a significant impact on humans, as the atmosphere primarily deals with the elements that affect the Earth’s surface. As NASA says, the weakening is still within what scientists consider «normal variation,» so daily life isn’t affected.

However, things in low Earth orbit aren’t so lucky. Per the ESA, satellites and other spacecraft passing through the region will face higher radiation exposure that «can lead to malfunctions or damage to critical hardware, and even blackouts.»

As Finlay notes in the study, space agencies take the SAA into consideration when building modern spacecraft, satellites and other space-worthy technology, so not only are existing satellites at risk of damage, but the expanding weak spot will also affect how future satellites and spacecraft are designed.

The ESA says that the Swarm mission will continue to gather data about the Earth’s magnetic field into the foreseeable future.

«It’s really wonderful to see the big picture of our dynamic Earth thanks to Swarm’s extended timeseries,» says ESA Swarm Mission Manager Anja Stromme. «The satellites are all healthy and providing excellent data, so we can hopefully extend that record beyond 2030, when the solar minimum will allow more unprecedented insights into our planet.»

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