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☆ Humane's launch video showed its hyped AI Pin answering 2 questions incorrectly. The company says a corrected video is on the way.
▼ + stars: | 2023-11-14 | by ( Haley Tenore | ) www.businessinsider.com time to read: +4 min

The AI Pin gave incorrect information twice in a promotional video starring Humane's cofounders. Humane is going to make a new promotional video for the AI Pin after eagle-eyed viewers noticed the device had given incorrect information at two different times during its splashy launch video. Humane's AI Pin is a small, standalone gadget that can be pinned to your shirt, pocket, or bag. AdvertisementHowever, the April 2024 eclipse will be visible in parts of North America, but not Australia. Sheffer said that a bug had caused the AI Pin to give the location to view a previous eclipse, rather than one that's coming up in 2024.

Persons: Humane's cofounders, —, Imran Chaudhri, Chaudhri, Sam Sheffer, Sheffer, Ai, Haley Tenore Organizations: Service, Humane's San, USDA Locations: Humane's, Humane's San Francisco, Australia, North America

☆ Humane's AI Pin probably can't replace your phone
▼ + stars: | 2023-11-11 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

This scenario is one of the scenes in the demo video for the AI Pin, a new wearable device. Humane, a AI hardware startup, announced that its first device, the AI Pin will go on sale at $699. You can ask the AI Pin if it's "okay" to eat. But the AI Pin isn't like a flip phone. I'm not looking to get rid of my phone — and I don't think the AI Pin could really do that anyway.

Persons: —, Imran Chaudhri, Bethany Bongiorno, Siri, Alexa, he's, Katie, I'm, Amy, Siri — Organizations: Apple, Service

☆ Watch the big reveal of the $699 AI phone from a husband and wife who worked at Apple. It's powered by GPT-4 and projects info onto your hand.
▼ + stars: | 2023-11-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

AI startup Humane officially launched its highly anticipated Ai pin on Thursday. The reveal video shows the Ai pin making calls, answering questions, and projecting info onto the user's hand. Humane's Ai pin starts at $699, require a monthly subscription, and ships next year. Starting at $699, the Ai pin is a standalone, screenless AI-powered device that can attach to your clothing. You can pre-order the Ai pin on November 16, but it's not expected to ship starting next year, The New York Times reported.

Persons: Ai, —, Imran Chaudhri, Bethany Bongiorno —, Chaudhri, Imran, it's Organizations: Service, Apple, New York Times Locations: Australia, East Timor, Meta

☆ Why 3 ex-Discord staffers are building a new app aimed at IRL experiences for couples and friends
▼ + stars: | 2023-11-08 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

"During the pandemic, I realized how I was taking IRL experiences for granted and working remotely, spending less time with friends, I just felt extremely isolated," Loar said. "It was really centered around helping you and your friends make IRL plans to build stronger relationships." Now, Whatever's team is pivoting its focus to couples and how best to use technology to help couples plan dates and spend meaningful time together. "Couples will be able to bookmark plans from the discovery feed and turn them directly into date plans," Loar added. Whatever is focusing on helping couples plan dates.

Persons: Mallory, Loar, Vivek Murthy, Kevin Wilson, Zack Zapasnik, Stanislav Vishnevskiy, Matthew Prince, it's Organizations: Twitch, Facebook

☆ Nvidia boss Jensen Huang joked that Jackie Chan should play him in a movie
▼ + stars: | 2023-11-06 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Nvidia CEO Jensen Huang already has an actor in mind for a future biopic. Huang joked that Chinese actor Jackie Chan "looks just like me" during a conversation with host Ryan Patel. The Nvidia CEO has a net worth of over $40 billion, per Bloomberg Billionaires Index. The Nvidia CEO joked, "Jackie Chan, he looks just like me." His company, Nvidia, produces chips used to power AI and has seen its fortunes soar off the back of the generative AI boom this year.

Persons: Jensen Huang, Huang, Jackie Chan, Ryan Patel, —, Taylor Organizations: Nvidia, Bloomberg, Service, Oregon State University and Stanford Locations: Taiwan, Thailand

☆ How Whitney Wolfe Herd's fateful deal with a Russian mogul deprived early Bumble employees of a stock windfall when she became a billionaire
▼ + stars: | 2023-11-06 | by ( Ben Bergman | ) www.businessinsider.com time to read: +23 min

I'm fucking done," she told a reporter at Time, who described Wolfe Herd as "blinking back tears" during the interview. "My hands are tied," Wolfe Herd told the audience, according to several people who were in the room. Wolfe Herd once called him her biggest mentor, saying, "He's become my family and one of my best friends." Some early employees said they only found out about the shadow-equity program, and who received it, years later. Based on the current share price, Wolfe Herd is no longer a billionaire, though her fortune still sits at an estimated $627 million.

Persons: Whitney Wolfe Herd, Andrey Andreev, Wolfe Herd, Bumble, Whitney Wolfe, Wolfe, Bumble wasn't, Charley Gallay, I've, Robbie McKay, McKay, Jerod Harris, Sarah Mick, Bumble's, That's, Mick, Justin Mateen, Tinder, Antoine Antoniol, Andreev, What's, He's, —, Jody Thelander, Alexandra Williamson, Samantha Fulgham, Chelsea Maclin, Caroline Ellis Roche, Michael Herd, they'd, Taylor, they're, Vivien Killilea, didn't, Charles Elson, Elson, Blackstone, Forbes, Ben Bergman Organizations: Worldwide Vision, Nasdaq, Carlton, Getty, Fortune, Andreev's, TechCrunch, Southwest, telltale, Founders, Chelsea, Austin, Ritz, Mailchimp, Intuit, University of Delaware, Twitter Locations: Russian, Austin, Los Angeles , California, Bumble, Northern California, Deer Valley , Utah, Punta Mita , Mexico, Tinder, London, Bermuda, WVL, San Francisco, Texas, Positano, Italy, Bay, Atlanta, MagicLab, Badoo, bbergman@insider.com

☆ Storylines Residential Cruise Faces Backlash From Investors, Ex-Employees
▼ + stars: | 2023-11-01 | by ( Kate Taylor | Brittany Chang | ) www.businessinsider.com time to read: +31 min

Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.

Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, —, Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New

Mistral, a tiny AI startup that aims to be Europe's answer to OpenAI, is in discussions to raise a major round of funding that could push its valuation above $2 billion. Its cofounders are in talks with venture capital firm Andreessen Horowitz to raise further funds, seven sources familiar with proceedings told Insider. Mistral is set to raise around $400 million at a valuation of at least $2 billion, which could rise to as high as $2.5 billion, three sources said. The deal is not yet finalized and the round size, valuation figures, and participants could still change. Andreessen Horowitz, General Catalyst, Mistral, Abstract Ventures, and Bezos Expeditions did not respond to Insider's request for comment.

Persons: Andreessen Horowitz, Catalyst, Arthur Mensch, Guillaume Lample, Timothée Lacroix, Jeff Bezos, Xavier Niel Organizations: Mistral, Meta, DeepMind, Bezos Expeditions, Amazon, Catalyst, Ventures, Lightspeed Venture Partners Locations: Paris

☆ Cooper is a growing virtual support system startup for the modern parent. Here's an exclusive look at the 14-slide pitch deck it used to raise millions for its pre-seed round.
▼ + stars: | 2023-10-30 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

Two years later, their brainchild has officially launched: Cooper, a support system for parents offering one-on-one sessions, virtual events, and other tools. The startup just raised a $2 million pre-seed round co-led by Difference Partners and Kli Capital. XFactor Ventures and multiple angel investors, including the founder of workout brand SLT, Amanda Freeman, also participated in the funding round. "We still dealt with the headwinds faced by female founders in general and particularly who are creating services that will support women," Slome told Insider. Check out the 15-slide pitch deck Cooper used to raise $2 million in pre-seed funding:

Persons: Gabby Slome, Ariel Boorstin, Cooper, Amanda Freeman, Boorstin, Slome, Ollie, Cooper's Organizations: Difference Partners, Kli, XFactor Ventures, of Psychiatry Locations: New York City

☆ GoStudent, the $3 billion edtech darling, scaled fast and partied hard. The result was a mess.
▼ + stars: | 2023-10-24 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +23 min

These people were employees of GoStudent, an Austria-based online-tutoring startup that had quickly become the darling of the European tech scene. But 28 current and former GoStudent employees and tutors said they experienced a poorly run organization with clumsy management. Edtech companies "rarely have any major competitive advantage other than scale," a European venture capitalist who's not affiliated with GoStudent said. A GoStudent employee threatened to track down the petition's author using tutors' IP addresses, according to the German publication Handelsblatt. According to public documents updated in December 2022, GoStudent had shrunk to 15 markets and 1,500 employees, including its acquisitions.

Persons: Felix Ohswald, Gregor Müller, GoStudent, who'd, I'm, Heinz, Peter Meidinger, cofounders, Ferdinand von Hagen, Prada, GoStudent's, Dave Benett, Müller, —, Ohswald, Anthony Canavan, Canavan, Brutkasten, Norbert Wess, Harry Murphy, Duncan McIntyre, McIntyre, Neel Gupta, Anna Tuchy, Patrick Nadler, Nadler, Sarah Heuberger, Ross Slater Organizations: German Teachers ' Association, Employees, GoStudent, Conseil, prud'hommes, DBS, Safety Officers, Web, Getty, JP Morgan, Barclays, Deutsche Bank, TechCrunch, Organisation for Economic Cooperation Locations: Vienna, Austria, Silicon Valley, North America, South America, Europe, London, France, Soho , London, Dock, DACH, Germany, Switzerland, Spanish, Sweden, Swedish, GoStudent, Ukraine, Ibiza, GoStudent's, Deliveroo

☆ Kim Kardashian's $4 billion Skims empire is selling body-hugging boxers and briefs to men
▼ + stars: | 2023-10-23 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Kim Kardashian's Skims is adding men's products like boxers and briefs to its online store this week. AdvertisementAdvertisementKim Kardashian's shapewear brand Skims is launching a menswear collection. This includes a range of men's products such as boxers, briefs, t-shirts, undershirts, tank tops, and leggings, and will be available to shop online from Thursday. Kardashian told The Wall Street Journal that Skims shoppers have been requesting men's products for their boyfriends and husbands for some time. Skims was valued at $4 billion in July after a $270 million funding round.

Persons: Kim Kardashian's, Skims, —, Kardashian, Emma, Jens Grede, SKIMS, Neymar Jr, Shai Gilgeous, Alexander, Nick Bosa, Kardashian's, Tom Brady's, Brady, Gredes Organizations: Service, Wall Street, NFL

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow this startup uses AI and robots to paint buildingsWith just 20 employees and a fleet of remote-controlled robots, a startup called PaintJet has managed to cover more than 1.5 million square feet of building exteriors and ships in less than three years. The startup, based in Hendersonville, Tennessee, is the brainchild of CEO Nick Hegeman along with cofounders Steve Wasilowski and Sonia Chacko. PaintJet's early customers have included construction companies and real estate developers, and the startup aims to expand rapidly within exterior painting.

Persons: Nick Hegeman, Steve Wasilowski, Sonia Chacko Locations: Hendersonville , Tennessee

☆ PaintJet puts robots to work in construction and maintenance as labor shortage drags on
▼ + stars: | 2023-10-18 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

Hegeman tells CNBC, "With painting, the labor shortage hits you right in the face. It was not so much a challenge to sell and book work, but it was always a challenge to do the work. Instead of selling or renting its robots out to construction crews, the startup offers an end-to-end service and maintains control of the entire painting process. PaintJet can use any commercially available paint in its machines, but also makes and sells its own line of paints. Hegeman said the company is also developing capabilities to handle more tasks in construction and maintenance with robotics including pressure washing, caulking and sanding.

Persons: Nick Hegeman, Steve Wasilowski, Sonia Chacko, Hegeman, PaintJet, Ryan Gembala, It's Organizations: Hegeman, CNBC, SRI, Foreman Technologies, Dynamo Ventures Locations: Hendersonville , Tennessee, Nashville, Virginia, Metaprop, New York, Chattanooga, San Francisco

☆ Read the Notion memo Dharma, a travel startup that crafts travel experiences for creators and brands, used to raise $4.7 million
▼ + stars: | 2023-10-17 | by ( Marta Biino | ) www.businessinsider.com time to read: +2 min

Dharma, a travel startup that plans and sells trips hosted by creators and brands, recently announced $4.7 million in pre-Series A funding. Dharma cofounder and CEO Charaf El Mansouri told Insider the company aims to support creators and brands in organizing exclusive travel experiences by dealing with operations and liaising with local travel operators as needed. "By definition, I'm a yoga teacher, not a professional travel manager. The company's big challenge ahead, which the funds from the raise will be used for, is to achieve scale. Here is the 17-page Notion memo that the cofounders used to raise $4.7 million.

Persons: Stephen Ross, Matt Higgins, Eric Cantona, Charaf El Mansouri, Dharma, Emily, Kelsey Wells, Pernod, El Mansouri Organizations: San, Convivialite Ventures, FJ Labs, Tank, Paramount Global, Netflix, Pernod Ricard Locations: San Francisco, Paris, El

☆ A biographer spent years following Elon Musk and Steve Jobs. Here's how he says they're alike — and how they're different
▼ + stars: | 2023-10-15 | by ( Sarah Jackson | Grace Kay | ) www.businessinsider.com time to read: +8 min

Walter Isaacson trailed Elon Musk for years and interviewed Steve Jobs over 40 times to write their biographies. Elon Musk's biographer, Walter Isaacson, once said that the Tesla CEO was "in some ways the Steve Jobs of our time." AdvertisementAdvertisementBoth Musk and Jobs had a "dark streak""When I was reporting on Steve Jobs, his partner Steve Wozniak said that the big question to ask was 'Did he have to be so mean? AdvertisementAdvertisementIsaacson said Steve Jobs (left) took on the role of "alpha male" at Apple and "marginalized" his cofounder Steve Wozniak (right). "As much as I think Steve Jobs is a total genius, Steve Jobs would design a product, be it the Mac or the iPhone, and then it would be thrown over the wall to some manufacturing facility in China or something.

Persons: Walter Isaacson, Elon Musk, Steve Jobs, —, Elon Musk's, Tesla, Jobs, Isaacson, Musk, Steve Wozniak, Grimes, " Isaacson, didn't, Kimberly White, Wozniak, Martin Eberhard, Tom Mueller, It's, Frederic J . BROWN, Musk's, Franz von Holzhausen Organizations: Service, Apple, Jobs, Twitter, SpaceX, Getty, Wall Street, Tesla, Economic, of New Locations: AFP, China, of New York

☆ Here's the 21-page pitch deck that Slope, a fintech looking to upend B2B payments, used to score $30 million from investors like OpenAI's Sam Altman
▼ + stars: | 2023-10-13 | by ( Bianca Chan | ) www.businessinsider.com time to read: +3 min

Lin Murata worked at the business growing up, doing everything from sales to filing paperwork to working the cash register. "My parents, they're very old school, and all the existing solutions were excruciating to use, and we realized there was a real need for a frictionless B2B payments solution," said Lin Murata. It's a tall order to digitize B2B payments — companies ranging from middle-market companies and mom-and-pop shops have been notoriously hard to penetrate and spur technological change. Of the $125 trillion market for global B2B payments, only a fraction of transactions — less than $6 trillion according to Slope's pitch deck — occur online. The latest investment brings Slope's total funding to $187 million, with $62 million in equity and $125 million in debt capital.

Persons: Lawrence Lin Murata, Lin Murata, Alice Deng, Deng, Sam Altman, OpenAI's Sam Altman Organizations: Union Square Ventures, OpenAI's Locations: China, Brazil, Slope's

☆ The giant sucking sound you hear is the gobs of capital being pulled away from emerging managers. Here's how one solo capitalist defied the slump.
▼ + stars: | 2023-10-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

Those who raised their first venture capital funds in the pandemic-era boom times are now struggling with their sophomore efforts. Despite the tailwinds, some emerging managers are defying the slump and raising new funds. He told Insider exclusively that he's now closed on $15 million for fund two from investors including Cendana Capital, Invesco Private Capital, and two dozen startup founders. And so in 2019, he reached into his network of founders and raised a $2 million fund to invest in software companies. Now, he's already gearing up for fund three, which Wan said he plans to launch in 2024.

Persons: Insider's Callum Burroughs, Jordan Wan, Wan, Zocdoc, Oliver Kharraz, it's, Alan Ni, Jake Cooper, Manoj Kanagaraj, Blackstone, Cooper didn't, Cooper, they've, Wolf Organizations: Sequoia, Partners, Cendana, Invesco, Capital, Oscar Insurance, Garner Health Locations: London, Denver , Colorado, Wan

☆ Gutsy, a cybersecurity startup from the founders of Twistlock, just raised a $51 million seed round using this 27-slide pitch deck
▼ + stars: | 2023-10-10 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Gutsy, a cybersecurity startup, has raised $51 million in seed funding, the company said Tuesday. Founded in 2022 and now emerging from stealth, Gutsy wants to help companies solve their issues in the increasingly complicated and overwhelming world of cybersecurity. Based in Baton Rouge, Louisiana, Gutsy's cofounders previously built container security startup Twistlock, which was acquired for $410 million by Palo Alto Networks in 2019. The company provides cloud security tools for businesses to manage their data across auditing, governance, and migration, connected via an API. The company's massive $51 million seed funding round came from YL Ventures, a backer of Twistlock, and venture firm Mayfield, alongside a number of cybersecurity angel investors. "

Persons: John Morello, Gutsy, Gutsy's, Morello, Mayfield Organizations: Palo Alto Networks, YL Ventures Locations: cybersecurity, Baton Rouge , Louisiana

☆ Startups are hitting a road block when selling their AI to big companies. Investors and founders explain how to get around it.
▼ + stars: | 2023-10-04 | by ( Meghan Morris | ) www.businessinsider.com time to read: +5 min

The procurement team, responsible for sourcing and pricing the services the company buys, can introduce significant barriers to enterprise startups. Sellers must navigate a thicket of data concerns and increasing price sensitivities, among other issues, with procurement teams that may have little familiarity with AI. Enterprise software deals are taking longer to close compared with last year, per a September survey from New York-based SAAS financing startup Capchase. "That's leading procurement teams to ask sellers 'what works here, tell me where I could have unanticipated outcomes?'" Nemeth said procurement teams want to be educated and help see deals through.

Persons: Samir Kumar, Kumar, Barack Obama, Obama, Reuters Kumar, Obama's, Miguel Fernandez Larrea, Fernandez Larrea, Tola, Sheila Gulati, Charles Cotugno Gulati, Rachael Nemeth, Nemeth Organizations: Microsoft, Qualcomm, Touring Capital, Companies, White House, Reuters, Enterprise, Vanderbilt University Locations: United States, New York

☆ FTX cofounder Gary Wang is set to testify against his childhood friend Sam Bankman-Fried. Here's what we know.
▼ + stars: | 2023-10-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

FTX cofounder Gary Wang was a critical player during the rise and fall of SBF's crypto empire . AdvertisementAdvertisementWhen Bankman-Fried cofounded Alameda Research in 2017, Wang reportedly left his role at Google. The tight group of executives reportedly included Wang, Bankman-Fried, Caroline Ellison, who was formerly Alameda's CEO, and Nishad Singh, FTX's former director of engineering. But at FTX, Wang was a somewhat reclusive figure, per reports. "All of the sudden that snapped into he was leaving that day, back to the US and implicitly mostly stopped working," Bankman-Fried told the news outlet.

Persons: Gary Wang, Wang, Sam Bankman, —, Bankman, MIT Wang, Wang's, Cherry Hill, Hector, Fried, Caroline Ellison, Nishad Singh, FTX's, Nishad, Gary, Singh, FTX, Ellison, Damian Williams, Ilan Graff, Sundar Organizations: Service, MIT, Bloomberg, Eastside, Epsilon Theta, Google, Forbes, Alameda Research, Court, District of, Sydney Morning Herald, Street Journal, Southern, of New York, Securities and Exchange Commission Locations: Oregon, Cherry Hill, New Jersey, China, Bahamas, Alameda, District of Delaware, FTX

☆ Cofounders of a grassroots tequila company share how storytelling earned them loyal and engaged customers
▼ + stars: | 2023-10-03 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +5 min

This article is part of "Marketing for Small Business," a series exploring the basics of marketing strategy for SBOs to earn new customers and grow their business. Storytelling is ingrained in Nosotros Tequila & Mezcal. Michael Arbanas, a cofounder of Nosotros Tequila & Mezcal. Today, Nosotros products are available in 42 states. Helping consumers understand the motivation behind the company creates an emotional connection, builds loyalty, and distinguishes a small business, Johnson said.

Persons: SBOs, —, Carlos Soto, Michael Arbanas, " Soto, who's, Nosotros, Arbanas, Soto, Matt Johnson, Prince Ghuman Forrester, What's, Johnson Organizations: Small, Service, Los Locations: Costa Rica, Los Angeles, Mexico

Sam Bankman-Fried wasn't offered any plea deals in fraud trial, prosecutors said. The criminal trial against Bankman-Fried kicked off on Tuesday with jury selection. The trial addresses the historic collapse of crypto exchange platform FTX. AdvertisementAdvertisementThe US government confirmed on Tuesday that Sam Bankman-Fried hadn't been offered any plea deals in the criminal case. AdvertisementAdvertisementThe criminal trial will address the historic collapse of the crypto exchange platform FTX.

Persons: Sam Bankman, Fried wasn't, Fried, —, hadn't, Caroline Ellison, Gary Wang Organizations: Bankman, Service, US Department of Justice, Alameda Research, Prosecutors

☆ A 5G-powered wildfire-detection tool is helping first responders contain fires faster
▼ + stars: | 2023-09-27 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +7 min

Pano AI, a wildfire-detection startup, uses ultrahigh definition, 360-degree cameras and an artificial-intelligence platform to scan, identify, and monitor wildfires. Pano AI alerted the state's Department of National Resources, which began a partnership with the startup in March, and provided visual and location data. Pano AI estimated its alert sped up the response time by 20 to 30 minutes. There are over 100 Pano AI systems deployed across the US and Australia. A Pano AI detection image of the Flat Fire in California.

Persons: —, Rogers, Pano AI's, Sonia Kastner, Arvind Satyam, Kastner, Satyam, Hilary Franz Organizations: Service, state's Department of National Resources, Research, 4G Locations: Washington, Mount Rainier, Australia, Canadian, British Columbia, San Francisco, California

☆ Food-truck owners from marginalized communities are cooking up success with cloud-based POS systems and analytics software
▼ + stars: | 2023-09-26 | by ( Christine Macintyre | ) www.businessinsider.com time to read: +10 min

Today, these dynamic food trucks serve up gourmet delights and cater events, fueled by convenience and social media-driven connection. While the most apparent technology food-truck owners use is front-end POS systems, back-end technology is also essential. Food-truck owners face the challenge of frequent menu updates, often requiring them to recreate signage or hire someone for the task. This helps food-truck owners make informed decisions related to parking and operating hours, which significantly influences their sales performance. In fact, a 2022 study published by Elsevier found that location was a key challenge for food-truck owners, as it affected customer targeting, exposure, and financial sustainability.

Persons: —, IBISWorld, Let's Chow, Olivia, Luis Surla, Joselle's, Jordan Foley, Let's Chow Jordan Foley, Foley, Olivia Surla's, Sofiat, Abdulrazaaq, Lemaire Stewart, Kyle Miller, Goodfynd Organizations: Service, Food, Technology, Entrepreneurs, Joselle's, Pacific Islander, Goodfynd, Elsevier Locations: American, Annapolis , Maryland, San Diego, Pacific, Nigerian, Caribbean, Maryland

☆ Boxabl acknowledges SEC inquiry in updated filing
▼ + stars: | 2023-09-25 | by ( Daniel Geiger | Alex Nicoll | ) www.businessinsider.com time to read: +5 min

In a filing, Boxabl acknowledges it is the subject of an SEC inquiry. AdvertisementAdvertisementBoxabl has acknowledged that it is the subject of an inquiry by the Securities and Exchange Commission in an updated financial statement. Two of those people were subpoenaed, a step the SEC typically takes when it is conducting an investigation. "The SEC does not comment on the existence or nonexistence of a possible investigation," Cory Jarvis, an SEC spokesman, wrote to Insider in an email. AdvertisementAdvertisementBoxabl has been delayed in filing financial information, disclosing its full-year financial performance for 2022 in August.

Persons: Boxabl, cofounders, —, Greg Ehlers, Ehlers, Casitas, countersued, Boxable, Cory Jarvis, Galiano Tiramani, Tiramani, Paolo Organizations: SEC, Service, Securities and Exchange Commission Locations: North Las Vegas, Nevada, Portland , Oregon

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