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Connor Hughes

1392 Posts
Investors Plough .1 Billion Into AI Startups Despite Economic Struggles

Investors Plough $27.1 Billion Into AI Startups Despite Economic Struggles

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. "The bottom has already fallen out."…
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Otto Lucas, a “God in the hat world”, had famous designs that ended up in British Vogue magazine

Otto Lucas, a “God in the hat world”, had famous designs that ended up in British Vogue magazine

This article is part of Neglected, a series of obituaries about extraordinary people whose deaths, beginning in 1851, were not reported by The Times. For many fashionable women of the mid-20th century, a hat wasn't worth wearing unless it was made by Otto Lucas. Lucas was a London milliner famous for his elegant turbans, caps and cloches, often made of fine velvets and silks and decorated with flowers or feathers. Her designs have graced the covers of magazines such as British Vogue and have been worn by illustrious clients, including actresses Greta Garbo and Gene Tierney, as well as the…
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Chet Hanks and the Rise of a Controversial Meme

Chet Hanks and the Rise of a Controversial Meme

In the spring of 2021, Chet Hanks, son of Tom Hanks, sparked controversy by declaring that it would be a “white boy summer.” Initially ambiguous, the phrase has since been co-opted by white supremacist groups, according to a report by the Global Project Against Hate and Extremism. This year, the slogan has appeared in thousands of Telegram posts, used by far-right groups to recruit, organize protests, and incite violence, particularly against immigrants and LGBTQ individuals. The phrase now symbolizes an unabashed celebration of white heterosexual masculinity, often at the expense of women and people of color. Wendy Via, co-founder of…
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Apple Vision Pro review: First-gen headset falls short

Apple Vision Pro review: First-gen headset falls short

Seventeen years ago, Steve Jobs introduced the iPhone, a revolutionary device that combined an iPod, a telephone, and an Internet browser in one. At $500, it was expensive, but its innovation justified the cost, despite some initial flaws. Fast forward to today, and my experience with Apple’s new $3,500 Vision Pro headset has been less than stellar. This ski-goggle-style virtual reality headset aims to merge the physical and digital worlds. Apple bills it as a “space computer” designed for work, entertainment, and play. Without an advance review unit from Apple, I purchased the Vision Pro myself. With essential add-ons like…
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Costner’s Expensive ‘Horizon’ Bites the Dust at the Box Office

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

"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 in the U.S. and Canada,…
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USA Today Editor-in-Chief Terence Samuel Resigns

USA Today Editor-in-Chief Terence Samuel Resigns

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 search for a new chief…
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Robots Have Chubby Faces (and Smiles), According to New Research

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

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 it more human-like. The “skin…
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Anthony O’Reilly, Irish tycoon who ran Heinz, dies at 88

Anthony O’Reilly, Irish tycoon who ran Heinz, dies at 88

Anthony J.F. O'Reilly, a charming, ambitious, Irishman, former chairman of the H.J. Heinz Company, who also owned newspapers, luxury brands and trophy homes in France and the Bahamas, only to lose almost everything in his eighth decade, has died on May 18 in Dublin. He was 88 years old. The Irish Times and other Irish newspapers, quoting a family spokesman, said he died in hospital. The cause was not given. From his earliest days, Mr. O'Reilly, known as Tony, has shown awkwardness about gifts. He was a world-class rugby player while still a teenager: the “red-haired pin-up of Irish rugby”,…
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The Fed’s preferred inflation measure shows signs of cooling

The Fed’s preferred inflation measure shows signs of cooling

The Federal Reserve’s preferred measure of inflation continues to show signs of cooling, accompanied by moderate growth in consumer spending — welcome news for central bankers seeking to control rising prices and dampen demand. In May, the personal consumption expenditure (PCE) index rose 2.6% from a year earlier, meeting economists' expectations and down slightly from April's 2.7% increase. Excluding more volatile food and fuel prices, core inflation also rose 2.6% year-on-year, down from 2.8% in April. On a monthly basis, inflation remained particularly subdued, with overall prices showing no significant increases. The Federal Reserve is likely to scrutinize this new…
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Supreme Court sides with Biden administration in social media case

Supreme Court sides with Biden administration in social media case

The Supreme Court has ruled in favor of the Biden administration in a case involving social media, scoring a significant practical victory. The ruling rejected a Republican challenge to block the government from communicating with social media platforms to combat misinformation. In a 6-3 decision, the Court found that the plaintiffs, including states and individuals, had not suffered direct harm that would have entitled them to sue. This decision leaves unanswered broader questions about the First Amendment's limits on government influence over tech companies, which control much of the flow of information online. The case arose from the government’s efforts…
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