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The largest electric aircraft just flew [video]

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The largest electric aircraft just flew [video]

Heart Aerospace (YC W19) just flew the largest electric airplane ever flown — a 100-foot wingspan, a takeoff weight of 25,000 pounds, and $5 of electricity t...

1 min read W WebNovare Imports

Heart Aerospace (YC W19) just flew the largest electric airplane ever flown — a 100-foot wingspan, a takeoff weight of 25,000 pounds, and $5 of electricity t... Source: youtube.com (182 points, 122 comments) Hacker News discussion

.name Termination

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.name Termination

Nearly twenty-five years ago I registered neil.fraser.name to provide a stable presence on the Internet. It has been the home of this website, my email address, and a server for APIs. It predates YouTube, Facebook, and smart phones. Minutes after my daughter was born, I also registered beverly.fraser.name.

1 min read W WebNovare Imports

Nearly twenty-five years ago I registered neil.fraser.name to provide a stable presence on the Internet. It has been the home of this website, my email address, and a server for APIs. It predates YouTube, Facebook, and smart phones. Minutes after my daughter...

OpenAI hails new GPT-6 Astra model as 'generational leap'

Article

OpenAI hails new GPT-6 Astra model as 'generational leap'

OpenAI has unveiled a new flagship model, GPT-6 Astra, that company president Greg Brockman is touting as the start of the "AGI era." While there's no consensus definition of artificial general intelligence, it's broadly understood to meet or exceed human capability. Astra is a "generational leap" for cybersecurity, software engineering and office work, among other uses, Brockman says. This is the model that was delayed amid security concerns, following the hack of Hugging Face by OpenAI models. It's being released "in the coming days" with additional guardrails in place.

3 min read A Adam Hanafi

OpenAI Launches GPT-6 Astra as Greg Brockman Declares the “AGI Era” OpenAI has unveiled GPT-6 Astra, its newest flagship artificial intelligence model, with company president and co-founder Greg Brockman describing the release as the beginning of what he...

Nvidia confirms $13B purchase of Hugging Face

Article

Nvidia confirms $13B purchase of Hugging Face

Nvidia will acquire Hugging Face, an AI model platform, for nearly $13 billion, said the chipmaker's chief executive, Jensen Huang, in a WebNovare post Thursday. The deal had been rumored for some time after Hugging Face rejected a hefty investment from Nvidia last year. The 10-year-old Hugging Face acts as a repository for millions of AI models and data sets, making the technology more affordable and accessible for potential users, Huang noted in a statement, adding: "That is how AI can scale sustainably into billions of everyday tasks."

3 min read A Adam Hanafi

Nvidia to Acquire Hugging Face for $12.9 Billion in Major Open-Source AI Bet Nvidia has agreed to acquire Hugging Face for approximately $12.93 billion, marking one of the chipmaker’s largest acquisitions and giving it a much deeper foothold in the software...

Yum Brands finalizes sale of Pizza Hut in $1.5B deal

Article

Yum Brands finalizes sale of Pizza Hut in $1.5B deal

Yum Brands has finalized the sale of Pizza Hut operations outside China to LongRange Capital for $1.5 billion, following an earlier divestment of Pizza Hut China to Yum China Holdings. The transactions, worth a combined $2.7 billion, leave Yum more focused on its core scale and digital strengths, with potential earn-out payments tied to Pizza Hut’s performance. Pizza Hut, now privately held and led temporarily by former P.F. Chang's president and CEO Eduardo Luz, faces skepticism as it pursues a turnaround in a crowded delivery market.

3 min read A Adam Hanafi

Yum Brands has officially completed the sale of Pizza Hut's operations outside mainland China to private-equity firm LongRange Capital for approximately $1.5 billion. The transaction marks the end of Yum's ownership of one of the world's most recognizable...

Aon reaches $17B deal to buy insurance broker USI

Article

Aon reaches $17B deal to buy insurance broker USI

Aon has reached an agreement to buy fellow insurance brokerage USI from KKR for $17 billion, including debt, the companies announced on Monday. USI provides services related to risk management, health insurance and retirement plans for businesses and individuals, reporting roughly $3 billion in annual revenue. The acquisition expands Aon's footprint with medium-sized businesses, and marks the latest exit for KKR, which acquired USI and another investment firm for $4.3 billion in 2017. KKR just reported a record $1.29 billion in quarterly asset sales.

3 min read A Adam Hanafi

Aon has agreed to acquire insurance brokerage USI Insurance Services from private-equity firm KKR and other shareholders for $17 billion, marking one of the largest insurance transactions in recent years. The deal gives Aon a significantly larger presence in...