Mes: julio 2024

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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Remembering Ann Lurie: From Nurse to Renowned Philanthropist

Remembering Ann Lurie: From Nurse to Renowned Philanthropist

Ann Lurie, a former pediatric nurse turned prominent Chicago philanthropist, died Monday at her home. She was 79. Northwestern University, where Lurie was a trustee and major donor, announced her death without giving a cause. Raised in Miami by a single mother, Lurie was an only child and protested the Vietnam War during her college years. She initially planned to join the Peace Corps, but instead married Robert H. Lurie. Robert Lurie built a large real estate and investment business with Sam Zell, which included holdings such as The Chicago Tribune and the Chicago Cubs. He also invested in sports…
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Palestinian Fighters in West Bank Draw Inspiration from Hamas in Gaza

Palestinian Fighters in West Bank Draw Inspiration from Hamas in Gaza

The narrow alleys of West Bank refugee camps are covered with black tarps to hide Palestinian fighters from Israeli drones. Green Hamas flags and “martyrs” banners adorn buildings damaged by Israeli raids and airstrikes aimed at curbing the growing militancy fueled by the Gaza conflict. This scene, however, does not take place in Gaza or a traditional Hamas stronghold, but in a refugee camp in Tulkarem, a city in the Israeli-occupied West Bank where the moderate Palestinian faction Fatah has long held sway. Recently, I met Muhammad Jaber, a local commander, in one of these dusty, war-torn alleys. At 25,…
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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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French far right scores big win in first round of election, polls show

French far right scores big win in first round of election, polls show

Early projections indicate that the Rassemblement National party has won a landslide victory in the first round of elections for the French National Assembly, bringing the nationalist, anti-immigration party to power for the first time. Polling projections suggest the party won about 34% of the vote, far ahead of President Emmanuel Macron’s centrist Renaissance party and its allies, who won about 21%. The scores do not reliably predict how many parliamentary seats each party will win, but National Rally is likely to be the largest force in the lower house, though not necessarily with an overall majority. A coalition of…
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