Technology

Feb. 3 (UPI) — Enrique Lores will be the new chief executive officer of PayPal Holdings Inc., and David Dorman is the digital payment processor’s new independent board chairman, the company announced Tuesday.

Lores previously was the tech firm’s chairman and served on the independent board for five years, and he replaces Alex Chriss as its chief executive officer, PayPal announced.

Lores won’t immediately take the reins as PayPal’s top executive. Instead, Chief Financial and Operating Officer Jamie Miller will serve as interim chief executive until Lores is ready to take the helm.

While Lores won’t immediately become PayPal’s chief executive, Dorman immediately becomes chairman of its independent board.

“Enrique is widely recognized as a visionary leader who prioritizes customer-centric innovation with demonstrable impact,” Dorman said.

“His strong track record leading complex transformations and disciplined execution on a global basis will ensure PayPal maintains its leadership of the dynamic payments industry now and into the future,” Dorman said of Lopes.

“I look forward to continuing to work with the board and supporting Enrique as he takes on the CEO role,” he added.

“We will further strengthen the culture of innovation necessary to deliver long-term transformation and balance this with near-term delivery, executing with greater speed and precision and holding ourselves accountable for consistent delivery quarter on quarter to further assert PayPal’s industry leadership position,” Lores said.

“The payments industry is changing faster than ever, driven by new technologies, evolving regulations, an increasingly competitive landscape and the rapid acceleration of AI that is reshaping commerce daily,” he explained.

“PayPal sits at the center of this change, and I look forward to leading the team to accelerate the delivery of new innovations and to shape the future of digital payments and commerce,” Lores said.

PayPal’s board of directors evaluated Lores’ qualifications for the new position before appointing him as the new chief executive.

PayPal officials said the change is needed to enable the company to better address industry-wide changes and competition.

Lores has more than 30 years of technology and commercial experience and “is widely recognized as a visionary leader who prioritizes customer-centric innovation with demonstrable impact,” Dorman said.

“His strong track record leading complex transformations and disciplined execution on a global basis will ensure PayPal maintains its leadership of the dynamic payments industry now and into the future,” he added.

PayPal’s board said the company’s future success will be as a global services provider whose strengths are its consumer, merchant and partner relationships.

The chief executive position opened when Chriss vacated the position after 2.5 years.

Feb. 3 (UPI) — NASA early Tuesday announced it was pushing the launch date of its Artemis II mission to March, after engineers encountered a liquid hydrogen leak during a critical prelaunch test.

“With the conclusion of the wet dress rehearsal today, we are moving off the February launch window and targeting March for the earliest possible launch of Artemis II,” NASA Administrator Jared Isaacman said in a statement.

The announcement followed the completion of a two-day test called a wet dress rehearsal of its planned lunar flyby at Launch Complex 39B at NASA’s Kennedy Space Center in Florida, which involved Mission Control at the Johnson Space Center in Houston.

NASA had initially aimed to launch Artemis II in a Feb. 8-11 window.

Moving the mission’s launch window will give teams time to review data and conduct a second wet dress rehearsal, NASA said in a separate statement.

“Moving off a February launch window also means the Artemis II astronauts will be released from quarantine, which they entered in Houston on Jan. 21,” it said.

NASA began the 49-hour countdown of the wet dress rehearsal at 8:13 p.m. EST Saturday. The test included the loading of cryogenic propellant into the Space Launch System tanks, sending a team out to the launch pad to close out the Orion spacecraft and safely draining the rocket, among other maneuvers.

Officials said that a liquid hydrogen leak occurred during tanking, and that engineers spent several hours troubleshooting the issue.

By allowing the interface to warm up so seals could reseat and by adjusting propellant flow, teams were able to successfully fill all tanks in both the core stage and interim cryogenic propulsion stage, they said.

The countdown reached about T-5 minutes when a spike in the liquid hydrogen leak rate automatically stopped the countdown sequencer.

“With more than three years between SLS launches, we fully anticipated encountering challenges,” Isaacman said. “That is precisely why we conduct a wet dress rehearsal. These tests are designed to surface issues before flight and set up launch day with the highest probability of success.”

“This is just the beginning,” Isaacman added.

The Artemis I mission in 2022 was a successful uncrewed launch of NASA’s new rocket and spacecraft system. The mission flew around the moon.

The Artemis II seeks to do the same mission but with astronauts. It will carry the first crewed lunar flyby in more than 50 years.

Musk says solar powered and space-based data centres are the only way to meet AI’s burgeoning energy demands.

Elon Musk’s SpaceX has acquired his AI company xAI as part of an ambitious scheme to build space-based data centres to power the future of artificial intelligence.

The billionaire, who is also the CEO of Tesla, announced the merger in a statement on Tuesday on the SpaceX website.

Musk said the merger will help to address the emerging question of how to meet the power-hungry demands of artificial intelligence.

AI demand will require “immense amounts of power and cooling” that are not sustainable on Earth without “imposing hardship on communities and the environment,” he said.

Space-based data centres that harness the power of the Sun are the only long-term solution, according to Musk.

“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilisation currently uses!” he wrote.

“The only logical solution therefore is to transport these resource-intensive efforts to a location with vast power and space,” he continued, predicting that within the next “2 to 3 years, the lowest cost way to generate AI compute will be in space”.

The merger of SpaceX and xAI will bring several of Musk’s space, artificial intelligence, internet, and social media projects under one roof.

SpaceX operates the Falcon and Starship rocket programmes, while xAI is best known for developing the AI-powered Grok chatbot. Last year, xAI also acquired X, the social media platform known as Twitter, until it was bought by Musk in late 2022.

Both companies have major contracts with US government agencies such as NASA and the Department of Defense .

SpaceX’s Starshield unit specifically collaborates with government entities, including military and intelligence agencies.

Musk is not the only tech CEO looking to space as a solution to AI’s energy quandary.

Jeff Bezos’s Blue Origin and Google’s Project Suncatcher are both working on solar-powered space-based data centres.

“In the history of spaceflight, there has never been a vehicle capable of launching the megatons of mass that space-based data centres or permanent bases on the Moon and cities on Mars require,” Musk wrote.

Musk also said his long-term plan for SpaceX is to launch a million satellites.

To achieve this aim, SpaceX’s Starship rocket programme aims to one day launch one flight per hour with a 200-tonne payload, he said.

Musk said Starlink, a subsidiary of SpaceX that offers satellite-based internet service, will soon get a major boost with the launch of SpaceX’s next generation of V3 satellites.

They will each add “more than 20 times the capacity to the constellation as the current Falcon launches of the V2 Starlink satellites”, he wrote.

Feb. 1 (UPI) — After adjusting its timeline for the last remaining tests of the Artemis II space launch system and Orion capsule because of freezing cold temperatures in Florida, NASA is now pressing ahead in preparation for its launch to the moon.

NASA had planned to start the fueling phase of the wet dress rehearsal for the rocket’s launch cadence on Saturday night, but a blast of Arctic air reached all the way down to Kennedy Space Center in Florida making it too cold to load propellants into the ship’s fuel tanks.

As a result, the fueling tests were pushed back to Monday — and launch will now happen no earlier than Feb. 8 — as the agency held off on powering up the SLS rocket’s core stage until Sunday morning.

“NASA continues to press ahead through the countdown for the Artemis II wet dress rehearsal,” NASA said in a statement. “Teams monitored all systems throughout the overnight hours [Saturday] during cold temperatures and high winds.”

The wet dress rehearsal is a test of the full launch team and the series of complex steps involved in a space launch, which includes engineers in Florida, at Mission Control at Johnson Space Center in Houston and at other NASA facilities.

The tanking phase of the wet dress rehearsal involves loading more than 700,000 gallons of liquid oxygen and liquid hydrogen, as will happen before the actual launch.

The test involves filling, topping off and replenishing the tanks over a series of loading milestones.

Engineers also will start preparing to charge the Orion space capsule’s flight batteries and the core stage battery, in addition finishing preparations of the umbilical arms and a walk down at the launch pad, NASA said.

Tanking operations require an overall outdoor temperature above 41 degrees, and cannot dip below 40 for more than 30 consecutive minutes, during both the rehearsal and actual launch.

The full wet dress rehearsal is a complete countdown simulation — the wet dress countdown started Sunday at minus-39 hours and 30 minutes — and will end with a simulated launch window on Monday around 9:00 p.m. EST, NASA said.

Artemis II’s launch window is currently set for Feb. 8 to Feb. 11, but NASA has previously said that if the rocket is not ready to launch next week that additional launch windows in March and April have been identified.

ST. PAUL, Minn., Jan. 30 (UPI) — One of the longest-running searches for extraterrestrial life is coming to end this year as U.S. scientists wrap up a popular program that enlisted millions of home computer users to analyze radio signals received from space.

After years poring through immense amounts of generated data, the program’s co-founders at the University of California at Berkeley told UPI this week they are probing 100 detected signals deemed to be the best candidates for messages from “ET” before the effort is wrapped up for good, 27 years after it was launched.

But even though the “SETI@home” project has so far failed to record a “first contact” from an alien civilization, its leaders say valuable lessons have been learned that can be applied to the continuing hunt for beyond Earth.

SETI@home, short for Search for Extraterrestrial Intelligence, was launched in 1999 by scientists at UC Berkeley who over the course of two-plus decades enlisted more than 5 million “crowdsourced” volunteers willing to donate their home computers’ processing capacity to analyze data generated by momentary energy blips picked up by the Arecibo Observatory in Puerto Rico.

It was one of the pioneering efforts at distributed computing in an era before supercomputers and high-speed Internet connections. Under the project, home users downloaded and installed free software that could pick out signals deemed to be “ET” candidates from raw data supplied by the 1,000-foot radio telescope at Arecibo, which collapsed in 2020

The observatory was damaged by Hurricane Maria in 2017 and rebuilt, but it met its end a little more than three years later because filled spelter sockets that anchored the massive support cables had been undergoing long-term chemical and mechanical degradation.

The data was collected over a period of 14 years and covered almost the entire sky visible to the telescope as its operators performed other tasks, such as mapping solar system bodies and discovering pulsars.

From its data, the home computer users ultimately produced 12 billion detections. The vast majority turned out to be radio frequency interference from man-made sources, such as satellites and earthbound radio and television broadcasts, but researchers for years continued to doggedly plow through the possibilities.

Billions of “candidate” radio signals narrowed to final 100

Project co-founder David Anderson of UC Berkeley’s Space Sciences Laboratory said he and his team spent a decade narrowing down that massive list to 1 million candidates and then to a final 100, which are now being investigated using China’s 500-meter Aperture Spherical Telescope, also known as FAST, in hopes of finding them again.

And after that’s completed, the long-running program will officially be a wrap, in part because it has now reached point of diminishing scientific returns.

“The output of the first two phases of SETI@home were millions of what we call signal candidates, which are basically collections of momentary bursts of energy from the same place in the sky at about the same frequency, but possibly spread over many years,” Anderson told UPI.

“And of course, there was a lot of work involved in removing the man-made interference from from these things and ranking them, because at some point we had to go through them and manually inspect the signal candidates to get rid of the ones that are obviously interference.

“A lot of that we could do by using computer algorithms we developed, but in the end, we had to look at these signals ourselves.”

To guide the development of those algorithms, Anderson and his team used artificial candidates, or “birdies,” that modeled persistent ET signals within a range of power and bandwidth parameters. The birdies were introduced blindly, allowing the team to gauge how sensitive their detection system was.

The only reason they were able to generate the initial billions of candidate signals was due to the small processors provided the home-based volunteers, whose response at the start of effort in the late ’90s was overwhelming, Anderson said.

“Whether there is extraterrestrial life is kind of the most important unanswered scientific question at this point, and so I think we knew that we’d get some users,” he said. “We banked on, I think, 50,000 people initially, which we thought we’d need to keep up with the stream of data from Arecibo.

“We got a lot of national media coverage at right at the beginning, and within the first year we had close to 1 million participants. We actually had to scramble to figure out ways to use that surplus of computing power effectively.”

UC Berkeley research astronomer Eric Korpela, another co-founder of the program, said he felt a keen “sense of accomplishment” with SETI@home, both in the sense of technical achievements — such as in vastly increasing the sensitivity of signal detection over existing spectroscopic methods — and in how it demonstrated the intensity of worldwide public interest in the search for ET.

“We encountered a lot of resistance from the SETI community when we first started started this,” he told UPI. “Whenever you start a project with a large public-facing component, there’s always the fear in a lot of peoples’ minds that you are going to do something wrong and you’re going to turn people off the entire field.

“But, of course, I think that wasn’t the case. Instead, this really engaged the public imagination, and I don’t think that we’re necessarily done with that. Someone could again tap into that sense of fascination that people have about the search for extraterrestrial life.”

Many people still want to have a connection to this sort of science, Korpela said, adding, “I think that is really a large part of our legacy.”

Others praise, assess impact of SETI@home

Other researchers and organizations deeply involved in the search for extraterrestrial life also praised the accomplishments and legacy of SETI@home as it wraps up its mission.

One of them is the National Science Foundation National Radio Astronomy Observatory and Green Bank Observatory in West Virginia, trailblazers in radio astronomy and operators of Breakthrough Listen, described as the largest ever scientific research program aimed at finding evidence of civilizations beyond Earth.

Observatory public information officer Jill Malusky noted that her organization and UC Berkeley’s SETI Research Center worked together on SETI@home, and that its winding down won’t sever that relationship.

“The NSF NRAO/GBO are big supporters of citizen science projects, and we’re excited about the impact of SETI@home’s legacy through the tireless work of its volunteers, and for the public recognition SETI can bring to efforts like these,” she told UPI.

“The search for techno-signatures and extraterrestrial life is a very exciting part of the scientific research that the NSF NRAO’s telescopes can do — and it’s one of the accessible areas for the public to understand.”

Most staffers who work at the West Virginia observatories were drawn there “by the same curiosity we all have when we look up at the universe — are we the only ones here? Is anyone else out there?” she said.

“While what we find with our telescopes may not be as dramatic as we hope, like a sci-fi movie, it’s still exciting to have our work overlap with the search.”

Similarly, prominent astrobiologist and SETI researcher Douglas Vakoch said SETI@home revolutionized the search for life in the universe by solving one of the greatest challenges of looking for intelligence in space, and that by doing so “directly inspired a new generation of researchers who are attempting first contact by sending powerful radio messages to the stars.”

Vakoch is president of METI International, a nonprofit research and educational organization dedicated to messaging extraterrestrial intelligence, and editor of many academic works in several fields.

He told UPI that SETI@home was a breakthrough in that it was able to combine “mainstream astronomy” with the search for extraterrestrials, which researchers must “constantly struggle to justify” as they seek precious telescope time.

“With SETI@home, scientists did both,” Vakoch said. “As astronomers pointed the Arecibo radio telescope at targets of their choice, SETI@home also analyzed the incoming data, but this time for signals that can’t be created by nature. SETI@home was designed so scientists could conduct mainstream astronomy and simultaneously determine whether we’re alone in the universe.”

in that way, instead of becoming an obstacle to astronomers seeking time on the world’s largest radio telescope, SETI@home “helped foster public support and recognition for space science.”

Its greatest legacy, he said, is that it is now “guiding the next generation of interstellar communication,” including Vakoch’s own METI project, which rather than listening for radio signals from space as SETI does, reverses the process by sending powerful radio signals to nearby stars in the hope of eliciting a response from an advanced civilization.

Despite thus far coming away empty-handed in the search for ET, the SETI@home project nonetheless provided many valuable insights, Anderson said.

“It was a ‘whole sky’ project that covered the everything visible from Arecibo, and there’s there’s a lot of technical things that we did, some of which were right and others we would do differently if we had to go back,” he said.

“So we learned a lot of lessons about how to do radio astronomy, and we published two papers last year describing them.”

He added that the powerful distributed computing system established for SETI@home can be used in the future for research in related areas such as cosmology and pulsars, or even for medical research.

Jan. 30 (UPI) — President Donald Trump on Thursday night said he was decertifying all Canada-made aircraft and threatened a 50% tariff on all planes sold to the United States, further deepening the fissure in U.S.-Canada relations created under Trump’s second term in office.

Trump made the threat in a post on his Truth Social platform, stating the threat was in response to Canada’s alleged refusal to certify several Gulfstream jet series.

“We are hereby decertifying their Bombardier Global Expresses and all Aircraft made in Canada, until such time as Gulfstream, a Great American Company, is fully certified, as it should have been many years ago,” Trump said.

“Further, Canada is effectively prohibiting the sale of Gulfstream products in Canada through this very same certification process. If, for any reason, this situation is not immediately corrected, I am going to charge Canada a 50% Tariff on any and all Aircraft sold in the United States of America.”

By law, aircraft certification, which includes safety and airworthiness determinations, is governed by the Federal Aviation Administration, and it was not clear if the president has the power to decertify already approved aircraft by presidential action.

UPI contacted the FAA for clarification and was directed to speak with the White House, which has yet to respond to questions about decertification and its process.

Bombardier, the Montreal-based aerospace company, said it has “taken note” of Trump’s social media post and is in contact with the Canadian government.

“Our aircraft, facilities and technicians are fully certified to FAA standards and renowned around the world,” Bombardier said in a statement.

Bombardier said it employs more than 3,000 people across nine facilities in the United States and creates “thousands of jobs” there through its 2,800 suppliers. It said it is also “actively investing” in expanding its U.S. operations.

Relations between the United States and Canada have precipitously dropped since Trump returned to the White House in January 2025.

Trump’s threats to annex Canada, impose unilateral tariffs and take Greenland — territory of a NATO ally — by force if needed has prompted Ottawa to pivot toward Europe and Asia.

The announcement comes on the heels of reports stating that the Trump administration has been in talks with the Alberta Prosperity Project separatist organization.

According to The Financial Times, the first to report on the development Thursday, separatist leaders in the western Canadian province met with U.S. officials in Washington three times since spring.

The APP has said that its leadership has taken “several strategic trips” to Washington, D.C., to foster discussions on Alberta’s potential as an independent nation.

Jeffry Rath, a separatist supporter who participated in the talks, said U.S. officials are “very enthusiastic about Alberta becoming an independent country,” according to the APP.

The meetings were swiftly and widely condemned in Canada.

“I expect the U.S. administration to respect Canadian sovereignty,” Prime Minister Mark Carney of Canada told reporters on Thursday.

“I’m always clear in my conversations with President Trump to that effect, and then move on to what we can do together.”

Premier David Eby of British Columbia called the meetings “treasonous activity.”

“I’m not talking about debates that we have inside the country among Canadians, about how we order ourselves, our relationships between the federal government, the provinces, referenda that might be held. I’m talking about crossing the border, soliciting the assistance of a foreign government to break up this country,” Eby said during the same press conference.

“And I don’t think we should stand for it.”

Jan. 29 (UPI) — The National Highway Transportation and Safety Administration is investigating an incident in which an autonomous Waymo taxi struck and injured a child last week in Santa Monica, Calif.

The child was injured Friday after they ran into the street and was struck by an autonomous Waymo taxi about two blocks from an elementary school during its morning drop-off hours, the NHTSA’s Office of Defects said.

“The child ran across the street from behind a double-parked SUV towards the school and was struck by the Waymo AV,” NHTSA officials said in a document on the matter.

The child stood up after being struck and walked to the sidewalk as Waymo officials contacted local authorities to report the incident. The extent of the child’s injuries was not reported.

The autonomous vehicle remained in the spot where the incident occurred and stayed there until police cleared it to leave.

The agency said its Defects Investigation unit will determine if the driverless Waymo taxi “exercised appropriate caution given, among other things, its proximity to the elementary school during drop-off hours and the presence of young pedestrians and other potential vulnerable road users.”

Waymo officials said Wednesday they were committed to improving road safety for passengers and everyone who shares the road. Transparency regarding crashes and other incidents is a component of that commitment to safety, they said.

“Following the event, we voluntarily contacted the National Highway Traffic Safety Administration (NHTSA) that same day. NHTSA has indicated to us that they intend to open an investigation into this incident, and we will cooperate fully with them throughout the process.”

Waymo officials said the unidentified child “suddenly entered the roadway from behind a tall SUV, moving directly into our vehicle’s path.”.

“Our technology immediately detected the individual as soon as they began to emerge from behind the stopped vehicle,” Waymo officials said.

“The Waymo driver braked hard, reducing speed from approximately 17 mph to under 6 mph before contact was made.”

While the autonomous taxi struck the child, Waymo officials said a similar vehicle driven by a human likely would have struck the child at about 14 mph instead of less than 6 mph.

“This event demonstrates the critical value of our safety systems,” Waymo said. “We remain committed to improving road safety where we operate as we continue on our mission to be the world’s most trusted driver.”

Friday’s incident was the second for Waymo during the past week in California.

Another of its vehicles on Sunday struck several parked vehicles while traveling on a one-way street near Dodger Stadium in Los Angeles.

That vehicle was being operated in manual mode by a driver when the crash occurred, and no injuries were reported.

Tech firm Alphabet owns Waymo, as well as Google and other subsidiary companies.

France is moving closer to banning social media for users under the age of 15, citing growing concerns over young people’s mental health. The move comes as other European countries consider similar restrictions. Al Jazeera’s Aly Zein Mohamed explains.

Airports use technology for passenger flow, baggage tracking and predictive maintenance to enhance efficiency and experience.

As global air passenger traffic is forecast to hit 10.2 billion in 2026, a 3.9 percent year-on-year increase, investments have been pouring in to improve airport infrastructure and operational efficiency and use artificial intelligence to achieve it.

Working with data released by Airport Council International, airports are relying on the increasing use of AI to embrace the rise in demand.

AI is now being embedded in airports’ workflows to reshape everything from passenger flow management to airside maintenance, cybersecurity, lost luggage and enhancing on-site and virtual customer experiences, according to analysts and experts at the Airport AI Exchange event this month during discussions of the technology’s existing use and its potential.  

The use of AI-powered analytics to anticipate congestion at security, immigration and boarding points is also helping to prevent delays. Resources are being allocated to shift from reactive crowd management to predictive operations.

AI-powered baggage optimisation tools and biometric processing – which would allow passengers to walk through immigration without the need to present a physical passport – are also gaining traction as airports seek to improve passenger experience while maintaining operational efficiency.

“AI started changing very rapidly in 2017 and initiated this entire AI race and enabled us to really use AI, the neural network that we talked about and heard about since the 1940s,” Amad Malik, chief AI officer at Airport AI Exchange, said.

“Since then, the progressions have been very, very steep. If you look at the curve from the first day to now, AI is able to do so much more. In only the last two years, the ability has grown exponentially.”

What are airports using AI for?

In addition to quicker immigration controls, analysts said AI is aiding automated check-ins and boardings, baggage handling and tracking, and predictive maintenance. It is also enhancing passenger experience, providing security screening, and offering personalised services and assistance, they said.

AI-powered analytics can enable airports to tailor services and experiences to individual passenger preferences, fostering a more personalised and efficient journey from check-in to boarding, according to Mahmood AlSeddiqi, former vice president of IT for the Bahrain Airport Company.

While insights shared at the Airport AI Exchange suggested AI has advanced at an exponential pace over the past few years, some argue that aviation’s adoption of the technology has remained comparatively limited.

“AI has progressed exponentially over the past few years, but compared to that curve, aviation’s use of AI is still negligible,” said Malik, adding that that gap is partly explained by the sector’s reliance on legacy systems and its inherently cautious operating model.

Much of the technology still underpinning aviation operations dates back decades and innovation is often slowed by the industry’s safety-critical nature, he said.

“When you’re dealing with people’s lives, safety and regulation outweigh speed of innovation,” Malik noted.

SEOUL, Jan. 29 (UPI) — South Korea’s two semiconductor giants, Samsung Electronics and SK hynix, posted record performances last year, driven by the rising demand for memory chips amid the AI boom.

Samsung Electronics announced Thursday that its fourth-quarter operating profit more than doubled year-on-year to $14 billion on sales of $65.6 billion, up 23.8%. Both were all-time highs.

For the full year 2025, revenue rose 10.9% from a year earlier to $233.4 billion, while operating income climbed 33.2% to $30.5 billion.

The strong showing came a day after SK hynix released its strong earnings.

In the final quarter of 2025, SK hynix posted $23 billion in sales, up 66% from a year before, for an operating profit of $13.4 billion, a 137% surge.

For the full year, its turnover and operating income increased 47% and 101% to $68 billion and $33 billion, respectively.

The 2026 outlook for both companies remains bright amid continued expansion in the AI industry.

“Looking ahead to Q1 2026, the DS Division expects AI and server demand to continue increasing, leading to more opportunities for structural growth. In response, the division will continue to focus on profitability via a strong emphasis on high-performance products,” Samsung said in a statement.

“In 2026 as a whole, the DS Division aims to lead the AI era with product competitiveness amid a rapidly growing demand environment, particularly by expanding the sales of AI-related offerings in both DRAM and NAND,” it added.

Short for device solutions, Samsung’s DS Division deals with semiconductors and components. By contrast, its device experience part handles mobile phones, home appliances and network equipment.

“As the AI market shifts from training to inference while demand for distributed architectures expands, the role of memory will become increasingly critical,” SK hynix said in a statement.

“Accordingly, not only demand for high-performance memory such as HBM is expected to grow continuously, but also for overall memory products including server DRAM and NAND as well,” it said.

Semiconductor super-cycle and DRAM beggars

In line with the upbeat prospect, brokerage houses project that Samsung’s bottom line will near $90 billion this year, while that of SK hynix will surpass $70 billion.

SK Securities even forecasts that Samsung and SK hynix each will rack up more than $100 billion in profits this year.

Soaring semiconductor prices and outstanding earnings of chipmakers have fueled talk of a “semiconductor super-cycle.”

Business tracker TrendForce predicts that DRAM prices will rocket more than 55% in the first three months of 2026 compared to the previous quarter. Those of NAND flash are also expected to climb over 30% over the same period.

SK Securities analyst Han Dong-hee also said that supply shortages are spreading across all product segments, including advanced high-bandwidth memory, which is essential for AI applications, as well as commodity DRAM used in mobile devices or computers.

“For customers, the top priority has become securing stable volumes through long-term agreements, while suppliers are expected to pursue profit maximization and stable growth by optimizing the share of long-term contracts,” Han said in a report.

Sungkyunkwan University semiconductor professor Choi Byoung-deog said that there are “DRAM beggars,” or executives from major global tech companiesm who have been traveling to Korea to beg for chips from Samsung and SK hynix.

“The super-cycle in memory will eventually come to an end. As global tech giants keep pouring massive investments into AI, however, the current upcycle is likely to last two or three years,” Choi told UPI. “That’s why desperate buyers are flying to Korea to plead for memory chip supplies.”

Sungkyunkwan University semiconductor professor Han Tae-hee struck a more cautious tone, though.

“I also expect that the present super-cycle will continue through this summer. But beyond that, any unexpected events could take place to weigh on the semiconductor industry,” Han said in a phone interview.

“Six months ago, we could not predict today’s booming memory chip sales. Likewise, we cannot know for sure what will happen six months later.”

The share price of Samsung Electronics fell 1.05% on the Seoul bourse Thursday, while SK hynix rose 2.38%.

Dutch firm says it expects strong growth in 2026, countering fears of an investment bubble.

Tech giant ASML has reported a quarterly record in orders of its chip-making equipment, boosting hopes for the sustainability of the artificial intelligence boom and countering fears of an investment bubble.

The Dutch firm said on Wednesday that it booked orders worth 13.2 billion euros ($15.8bn) in the final quarter of 2025, more than half of which were for its most advanced extreme ultraviolet (EUV) lithography machines.

ASML logged orders worth 7 million euros during the same period the previous year.

Net sales came to 9.7 billion euros in the October-December period, ASML said, taking sales for all of 2025 to 32.7 billion euros.

Net profit for the year was 9.6 billion euros, up from 7.6 billion euros in 2024.

The Veldhoven-based company forecast net sales of between 34 billion euros and 39 billion euros in 2026.

ASML Chief Executive Officer Christophe Fouquet said the company’s chip-making customers had conveyed a “notably more positive assessment” of the market situation in the medium term based on expectations of strong AI-related demand.

“This is reflected in a marked step-up in their medium-term capacity plans and in our record order intake,” Fouquet said in a statement.

“Therefore, we expect 2026 to be another growth year for ASML’s business, largely driven by a significant increase in EUV sales and growth in our installed base business sales.”

Fouquet also said the company would cut about 1,700 jobs, most of them at the leadership level, amid concerns work processes had become “less agile”.

“Engineers in particular have expressed their desire to focus their time on engineering, without being hampered by slow process flows, and restore the fast-moving culture that has made us so successful,” Fouquet said.

The proposed cuts, which would affect positions in the Netherlands and the United States, represent about 4 percent of ASML’s 44,000-strong global workforce.

ASML holds an effective monopoly on the production of machinery used by TSMC, Samsung Electronics, and Intel to make the most advanced AI chips.

The company sells only about 50 of its extreme ultraviolet (EUV) lithography machines each year, with each unit costing about 250 million euros.

ASML’s share price surged on Wednesday, with its stock up nearly 6 percent as of 9.30am local time.

“ASML’s latest results suggest the AI boom is still in full swing, with strong orders and a bullish outlook,” said Russ Mould, investment director at AJ Bell.

“However, job cuts in the business would suggest it is not getting carried away with the strength of current trading.”

ASML’s restructuring “looks like a sharper focus on efficiencies and different ways of working, rather than saying there isn’t enough work for existing staff to do,” Mould added.

“Nonetheless, it’s a sign that the AI craze might be trying to catch its breath.”

Tech giants such as Meta, OpenAI, Nvidia and Oracle have poured billions of dollars into AI in the expectation that the technology will deliver dramatic changes to how people work and live.

Global AI-related spending is forecast to hit $2.53 trillion in 2026 and $3.33 trillion in 2027, according to projections by technology insights firm Gartner.

The investment boom has propelled the US stock market to record highs, stoking concerns about the sustainability of huge spending on a technology whose promise remains largely unrealised.

Jan. 28 (UPI) — A NASA research jet performed a gear-up landing at Houston’s Joint Reserve Base Ellington after suffering a “mechanical issue,” according to NASA officials.

Uncorroborated video of the Tuesday landing posted online shows the plane, a WB-57 research aircraft, coming in low toward the runway, touching down with the belly of its fuselage.

Sparks, fire and smoke spew from the back of the plane as it comes to a stop, the video shows.

NASA Press Secretary Bethany Stevens said in a statement that the gear-up landing was the result of an unspecified “mechanical issue.”

“Response to the incident is ongoing, and all crew are safe at this time,” she said.

“As with any incident, a thorough investigation will be conducted by NASA into the cause. NASA will transparently update the public as we gather more information.”

The incident occurred at about 11:30 a.m. CST Tuesday on Runway 17R-35L, according to Houston Airports, the Texas city’s Department of Aviation.

The WB-57 high-altitude research plane is a mid-wing, long-range aircraft based near the NASA Johnson Space Center in Houston.

According to NASA, three of the jets operate out of Ellington Field, and can fly in excess of 63,000 feet above sea level. It can also fly for about 6 1/2 hours with a range of about 2,500 miles.

A pilot and a sensor equipment operator generally crew the aircraft during flights.

Jan. 27 (UPI) — Meta, Snap, TikTok and YouTube will face accusers in a series of lawsuits alleging that they intentionally design their platforms to be addictive.

The trials begin in Los Angeles Superior Court Tuesday, filed by a group of parents, teens and school districts. Once teens are addicted to the platforms, plaintiffs allege, they suffer from depression, self-harm, eating disorders and more. There are about 1,600 plaintiffs involving 350 families and 250 school districts.

“The fact that a social media company is going to have to stand trial before a jury … is unprecedented,” Matthew Bergman, founder of the Social Media Victims Law Center and an attorney in the cases, said in a press conference.

The first case involves a 19-year-old identified as KGM and her mother, Karen Glenn. They are suing TikTok, Meta and YouTube because they say the companies created addictive features that damaged her mental health and led to self-harm and suicidal ideation. Snap was also a defendant in the case, but it settled the case last week.

Her case’s outcome could help determine the outcomes of more than 1,000 injury cases against the companies. The case is expected to last several weeks.

The thousands of cases against these tech giants have been lumped together in a judicial council coordination proceeding, which allows California cases to collaborate and streamline pre-trial hearings.

The plaintiffs want financial damages as well as injunctions that would force the companies to change the design of their platforms and create industry-wide safety standards.

Top company executives are expected to testify, including Meta founder Mark Zuckerberg, Snap CEO Evan Spiegel, Instagram’s Adam Mosseri and more. Experts in online harm are also expected to testify.

“For parents whose children have been exploited, groomed, or died because of big tech platforms, the next six weeks are the first step toward accountability after years of being ignored by these companies,” Sarah Gardner, CEO of the Heat Initiative, which advocates for child safety online, told CNN. “These are the tobacco trials of our generation, and for the first time, families across the country will hear directly from big tech CEOs about how they intentionally designed their products to addict our kids.”

KGM alleges in court documents that on Instagram she was bullied and sextorted, which is when someone threatens to share explicit images of the victim unless they send money or more photos.

For two weeks, KGM’s friends and family had to ask other Instagram users to report the people targeting her before Meta would do something about it, court documents said.

“Defendants’ knowing and deliberate product design, marketing, distribution, programming and operational decision and conduct caused serious emotional and mental harms to K.G.M. and her family,” the suit said. “Those harms include, but are not limited to, dangerous dependency on their products, anxiety, depression, self-harm, and body dysmorphia.”

Tech companies and their CEOs reject the allegation that social media harms teens’ mental health. They argue that it offers a connection with friends and entertainment. They also lean on Section 230, a federal law that protects them from liability over content posted by users.

Jan. 27 (UPI) — Legislators in France took the first step toward becoming the first European country to block children from social media with a ban that would take effect at the beginning of the new school year in September.

National Assembly members voted 116-23 for the ban for children younger than 15, which was introduced by a lawmaker representing France’s Champagne region in President Emmanuel Macron‘s Renaissance party, late Monday.

The MPs amended the bill to empower the country’s media regulator to decide which social media services will be included in the ban and not limited to just those most popular with teens such as TikTok, Snapchat and Instagram.

The law would use an as-yet-undecided method of age-verification to block children from accessing those sites the regulator determines are most harmful to children’s mental and emotional health.

An existing smartphone ban for children in junior and middle schools would also be extended to high schools, under the legislation.

Children younger than 15 would be permitted to continue to use platforms on a second list deemed to pose less risk to them, but only if their parents give their consent.

Hailing the vote as a “major step,” Macron urged the Senate, the upper house, where it must also pass to become law, to follow suit and vowed to make sure it was implemented in time for the start of the fall semester.

“To ensure that this ban is effective from the start of the next academic year, I have asked the government to activate the accelerated procedure,” he posted on X.

“Because our children’s brains are not for sale. Not to American platforms, nor to Chinese networks. Because their dreams cannot be dictated by algorithms. Because we do not want an anxious generation,” Macron added.

Fastracking the law will enable it to leapfrog over a logjam in the assembly which has been unable to pass a budget for this year.

National Assembly Deputy Laure Miller, sponsor of the bill, complained afterward that opponents attempted to run the debate, which went on for almost seven hours, off the clock, knowing they would lose when it came to a vote.

“We explained everything to you, but you didn’t want to listen. Obstruction, off-topic remarks, conspiracy-laden speeches… above all, you tried everything to avoid having to vote on this text. Pathetic,” she wrote online.

Miller headed a committee probe into the psychological impact of social media on children that issued its report earlier this month.

MP Louis Boyard from the populist France Insoumise party said the bill had been rushed through.

By granting blanket verification powers to the government and the European Union to check the ages of all social media users, regardless of age, Macronist deputies were sleepwalking France into a surveillance state,” he said on X.

“The Macronists refused to respond or speak in order to have it voted on as quickly as possible. Under the pretext of banning social networks for those under 15, the Macronists seem to be preparing to have everyone monitored.”

He urged the Senate to send it back to the assembly to allow a “more enlightened” public debate to take place.

“The subject is too important to be rushed,” added Boyard, who represents a different district of the same region as Miller.

The development in France comes amid similar efforts being weighed across Europe, including in Greece, Spain, Denmark, Ireland, and Britain, where the House of Lords voted through a ban for children under 16 on Wednesday.

Lawmakers in the upper chamber of parliament passed the amendment to the Children’s Wellbeing and Schools Bill by 261 votes to 150, however, the government signaled it intended to overturn the effort in the House of Commons, the lower house.

The move came two days after the government launched a consultation on a potential ban for under-16s in the wake of the lead taken by Australia, which last month became the first Western country to implement such a ban.

Commission President Ursula von der Leyen says Europe will not ‘tolerate unthinkable behaviour, such as digital undressing of women and children’.

The European Commission has launched an investigation into Elon Musk’s AI chatbot, Grok, regarding the creation of sexually explicit fake images of women and minors.

The commission announced on Monday that its investigation would examine whether the AI tool used on X has met its legal obligations under the European Union’s Digital Services Act (DSA), which requires social media companies to address illegal and harmful online content.

Brussels said the investigation would examine whether X had properly mitigated “risks related to the dissemination of illegal content in the EU, such as manipulated sexually explicit images, including content that may amount to child sexual abuse material”.

In a statement to the AFP news agency, European Commission President Ursula von der Leyen said Europe will not “tolerate unthinkable behaviour, such as digital undressing of women and children”.

“It is simple – we will not hand over consent and child protection to tech companies to violate and monetise. The harm caused by illegal images is very real,” she added.

Grok has faced a recent outcry after it was uncovered that users could ask the chatbot to create deepfakes of women and children by simply using prompts such as “put her in a bikini” or “remove her clothes”.

EU tech commissioner Henna Virkkunen said the rights of women and children in the EU should not be “collateral damage” of X’s services.

“Non-consensual sexual deepfakes of women and children are a violent, unacceptable form of degradation,” Virkkunen said in a statement.

X has been under investigation by the EU over its digital content rules since December 2023.

This month, Grok said it would restrict image generation and editing to paying customers after criticism of the tool’s capabilities.

A nonprofit organisation, the Centre for Countering Digital Hate, published a report last week that found Grok had generated an estimated 3 million sexualised images of women and children in a matter of days.

In December, the EU ordered X to pay a 120-million-euro ($140m) fine for violating the DSA’s transparency obligations.

The EU is not the only body investigating Grok’s tool; the United Kingdom’s media regulator, Ofcom, announced it had launched an investigation into X to determine whether it had complied with requirements under the UK’s Online Safety Act.