May 2023

Buy or Sell: Starbucks (SBUX) and Luckin Coffee (LKNCY)

May 23, 2023
Despite the macroeconomic challenges, the restaurant industry looks poised for stable growth. However, is this the right time to invest in Starbucks (SBUX) and Luckin Coffee (LKNCY)? Continue reading to…

Dispersion Capital launches $40M fund focused on decentralized infrastructure

May 23, 2023

This deep into the crypto winter big venture fund debuts are few and far between, a far cry compared to previous years. But the freeze is not stopping some venture capitalists from launching new funds targeting the decentralized technology market. Dispersion Capital has compiled a $40 million first fund to invest in decentralized infrastructure, the […]

Dispersion Capital launches $40M fund focused on decentralized infrastructure by Jacquelyn Melinek originally published on TechCrunch

Looking Glass taps ChatGPT for holographic cartoon animals

May 23, 2023

Two things have always felt true about Brooklyn-based 3D display startup Looking Glass. First, their technology is really cool. I’ve seen it in person several times over the years, and it always impresses. Second, is that I can’t quite figure out who it’s for. A major pitfall for commercial innovation is that both of these […]

Looking Glass taps ChatGPT for holographic cartoon animals by Brian Heater originally published on TechCrunch

Anthropic raises $450M to build next-gen AI assistants

May 23, 2023

Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital. Anthropic wouldn’t disclose what the round valued its business at. But The Information reported in early March that the company was seeking to raise capital at an over-$4.1 billion valuation. It […]

Anthropic raises $450M to build next-gen AI assistants by Kyle Wiggers originally published on TechCrunch

Flipboard becomes first to support Bluesky, Mastodon and Pixelfed all in one app

May 23, 2023

Social magazine app Flipboard is continuing its investment in the federated social web with today’s news that it’s integrating with decentralized social networks, Bluesky and Pixelfed. The move will allow users of the Flipboard mobile app to visually browse through posts and photos from both networks, comment, favorite, reply and scroll through custom feeds, like […]

Flipboard becomes first to support Bluesky, Mastodon and Pixelfed all in one app by Sarah Perez originally published on TechCrunch

Singapore-based BandLab Technologies raises $25M at $415M valuation

May 23, 2023

Singapore-based BandLab Technologies, the parent company of social music creation platform BandLab, has raised $25 million in Series B1 funding that bumps its post-money valuation to $425 million. The round was led by returning investor Cercano Management (formerly Vulcan Capital), with super-pro rata participation from Prosus Ventures. The new funding adds to BandLab Technologies’ $65 […]

Singapore-based BandLab Technologies raises $25M at $415M valuation by Catherine Shu originally published on TechCrunch

The Download: urban drone deliveries, and our guide to AI regulations

May 23, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Food delivery by drone is just part of daily life in Shenzhen —Zeyi Yang In a buzzy urban area in Shenzhen, China, I watched as a drone descended onto a pickup kiosk to…