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<strong>
Amazon is closing its physical Amazon Go and Amazon Fresh stores
</strong>
: Upon closing down some stores in 2024, an Amazon spokesperson said that the company "couldn't make the economics work with the lease cost." These retail closures will not impact customers who use Amazon for grocery delivery.
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<strong>
Phoebe Gates and Sophia Kianni’s Phia raises $35M to ‘make shopping fun again’
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: “We are just at such a prime time of opportunity,” Gates said to explain the new fundraise. “Commerce itself for the consumer hasn’t really been adapted in the last 30 years, and the opportunity to make a truly personalized, end-to-end shopping experience is today.”
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Amazon agrees to pay consumers $309M in returns policy settlement
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: The lawsuit, filed in 2023, alleged that Amazon caused "substantial unjustified monetary losses” for consumers who returned an item but were still charged for it.
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OpenAI launches Prism, a new AI workspace for scientists
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: OpenAI has launched a new scientific workspace program called Prism, which integrates AI into existing standards for composing research papers.
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Anduril has invented a wild new drone flying contest where jobs are the prize
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: This is a race series for software programmers and the brainchild of founder Palmer Luckey, he tells TechCrunch.
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A message from PulpaTronics
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RFID tags don’t have to be costly and unsustainable.
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PulpaTronics offers fully recyclable, metal-free RFID tags for inventory tracking. Unlike 45 billion single-use tags made with metal antennas, we transform paper into conductive circuits to cut CO2 emissions by 60% and costs by 30%. We’re fundraising to scale up manufacturing. Join us so we can help you achieve your ESG goals and better margins.
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Anthropic reportedly upped its latest raise to $20B
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: Anthropic looks to raise $20 billion at more than $300 billion valuation, according to reports.
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