TNB Tech Minute: Blue Origin to Launch Satellite Network, Compete With Starlink

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Here's your afternoon TNB Tech Minute for Wednesday, January 21st. I'm Julie Chang for The Wall Street Journal. Blue Origin plans to build a satellite network that would compete with SpaceX's Starlink business. Jeff Bezos' space company would also compete with the satellite division his former company Amazon has been deploying.

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Blue Origin said today it aims to start deploying TerraWave, a more than 5,400 satellite constellation in near-Earth orbit, toward the end of next year. It would target businesses, data centers, and government customers. The move into internet connectivity is a new venture for Blue Origin, which has historically focused on developing rockets.

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Open AI expects to see a more even mix between its consumer and enterprise businesses by the end of the year.

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That's according to its CFO, Sarah Fryer, who spoke in a CNBC interview at Davos, Switzerland. She says a year ago, Open AI was about 70% consumer to 30% enterprise.

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But today, that number is more 60-40, and she estimates that at the end of this year, that'll be closer to 50-50. Fryer said OpenAI currently has 1 million enterprise customers.

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And Ubisoft Entertainment says it's undergoing a major structural overhaul, discontinuing several games, closing some studios, and cutting financial targets. The French video game group said it'll reorganize into five creative houses in April, each with its own leadership team and focusing on specific game types, such as shooter games or narrative-driven games.