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Investors Plough .1 Billion Into AI Startups Despite Economic Struggles

Jul

Investors Plough $27.1 Billion Into AI Startups Despite Economic Struggles

Related media - News 24 hours In May, CoreWeave, a provider of cloud computing services for AI companies, raised $1.1 billion, followed by $7.5 billion in debt, reaching a valuation of $19 billion. Scale AI, a data provider for AI companies, secured $1 billion, at a valuation of $13.8 billion. Additionally, xAI, founded by Elon Musk, raised $6 billion, reaching a valuation of $24 billion. According to Kyle Stanford, research analyst at PitchBook, these funding rounds have increased overall deal volume in the industry, both in terms of dollar amounts and number of deals. "It's not declining anymore," he said.…

Costner’s Expensive ‘Horizon’ Bites the Dust at the Box Office

Jul

By Jean Thompson

Investments and Business

Costner’s Expensive ‘Horizon’ Bites the Dust at the Box Office

More news - Breaking news "Inside Out 2," featuring Anxiety personified, maintained its position as the top film in North America for the third consecutive weekend. Meanwhile, "A Quiet Place: Day One," a suspenseful prequel, exceeded expectations with its strong ticket sales. However, Kevin Costner’s three-hour film “Horizon: An American Saga – Chapter 1” was largely ignored by moviegoers. Originally intended for streaming, this supposed start to an Old West series eventually made it to theaters, but failed to attract significant interest. Pixar’s “Inside Out 2” was projected to gross $57.4 million, reaching a three-week total of about $470 million…

USA Today Editor-in-Chief Terence Samuel Resigns

Jul

By Jean Thompson

Investments and Business

USA Today Editor-in-Chief Terence Samuel Resigns

More news - Recent news USA Today Editor-in-Chief Terence Samuel announced Monday he is stepping down after a year in office. Samuel, a veteran journalist, had joined USA Today in July of the previous year from National Public Radio, where he had been a senior executive overseeing all news programs. Neither Samuel nor USA Today gave a reason for his departure. In an email to the newsroom, Monica Richardson, a senior vice president at USA Today, said Samuel’s resignation was “effective today.” Caren Bohan, the political editor, will temporarily take over as managing editor while the publication conducts a national…

Running to recapture a beloved journey, before dementia takes everything

Jul

By Jean Thompson

Health

Running to recapture a beloved journey, before dementia takes everything

Related media - Latest news When I was little, my father, who rarely traveled, would tell stories about a trip to Europe he took with his parents at age 14, in 1966. He remembered how Nonie loved the pristine Swiss roads and flowerbeds; the cozy fireplace in the hillside house near Lugano, where her father was born, with its clever alcoves for drying clothes or warming bread; and the palpable poverty in the house in Pozzuoli, near Naples, where Nonie’s aunt lined the walls with newspaper for insulation. Occasionally, my father would show me his Kodachrome slides on a projector.…

Robots Have Chubby Faces (and Smiles), According to New Research

Jul

By Jean Thompson

Science and Technology

Robots Have Chubby Faces (and Smiles), According to New Research

More news - Breaking news In Japan, engineers are working to create robots that can mimic human expressions, particularly smiles. They developed a face mask using human skin cells, which they attached to robots using a new technique that hides the bond and is flexible enough to form expressions such as a grimace or a slight smile. The look is a mix between the disturbing Hannibal Lecter mask and the claymation character Gumby. However, scientists believe that these prototypes could lead to more advanced robots. These robots would have a durable, elastic outer layer that protects the machine while making…

How Taylor Swift’s Eras Tour Could Affect Europe’s Economy

Jul

By Jean Thompson

Investments and Business

How Taylor Swift’s Eras Tour Could Affect Europe’s Economy

Related media - Breaking news It's not just Taylor Swift fans who are keeping an eye on her Eras Tour dates. One of Europe's leading economists is well aware that the singer will spend the summer touring European stadiums. Philip Lane, chief economist at the European Central Bank, had the pop star in mind when he spoke at an event on Monday. The interviewer had asked him about the risk that persistent inflation in the services sector could intensify, especially as Europe heads into a particularly busy summer with the Paris Olympics and the Euro 2024 football championship in Germany.…