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Europe Launches 32 Amazon Satellites on Ariane 6 Rocket to Rival Starlink

Key Points: The Ariane 6 rocket lifted off from French Guiana early Thursday to place 32 Amazon Internet satellites into orbit. This launch marks the seventh flight for Europe's new rocket and uses its maximum power configuration with 4 solid boosters. Amazon plans to build a network of 3,200 satellites to compete directly with Elon Musk's massive Starlink internet service. French company Arianespace holds a...

Huawei Expects AI Chip Revenue to Hit $12 Billion This Year

Key Points: Huawei predicts its artificial intelligence chip revenue will jump by at least 60% this year. The Chinese technology giant expects chip sales to hit $12 billion in 2025, up from $7.5 billion in 2025. Massive domestic demand from Chinese technology companies drives this huge growth in hardware sales. The company will release an upgraded Ascend 950DT processor to the public in the fourth...

First Direct Flight Between United States and Venezuela Lands in Caracas

Key Points: Envoy Air operated the first direct commercial flight from Miami to Caracas in 7 years. The United States suspended flights 7 years ago, citing security risks under the previous government. Passengers celebrated the direct route after spending years relying on long connections through neighboring countries. United States energy officials traveled on the flight to help American companies enter the local mining market. The...