Unity cannot make/open new Project

Hello! I am having trouble creating a new project in my Unity Hub. Whenever I create a new project (it is the updated version of URP 3D template, though this happens with all of them), the project appears in the list but gets stuck with a loading symbol the whole time. This loading symbol stays forever and never stops. When I try to open the file, it gives me an error and tells me to check the logs. This is what it usually outputs:

The thing that piques my radar is that there is a backslash appended to the end of the filename even though Mac uses forward slashes the whole time. Is that the issue, and if so how do I resolve it? Thanks for any help!

Also, I have an M1 chip in my Mac Mini, so I should be using Arm64 for this (right?)

The backslash escapes the following quotation mark. This shouldn’t be an issue. For a start, confirm whether the project exists at the specified location.

You can use the x86-64 editor using Rosetta or the ARM version natively. It’s entirely up to you. It probably makes more sense to use ARM unless you have some native dependencies that force you to use x86.