Startups Are Coming for Amazon and Tesla! 3 Things to Know Today.Stay in the know in 60 seconds.
ByLiz Webber•
- A startup called Zippin is taking on Amazon byopening a cashierless storein San Francisco. Similar to Amazon Go, which opened its first location in Seattle in January, cameras track customers as they move through the store, and customers simply pick up the items they want. Another startup, Inokyo, opened a cashierless store in Mountain View, Californialast week.
- Speaking of competition, Tesla isn't the onlyelectric car company seeking fundingfrom Saudi Arabia, according to a Reuters report. Lucid Motors is in talks with the country's sovereign wealth fund for an investment of over $1 billion. Still saying "funding secured," Elon?
- And Facebook has partnered with New York University's medical school tomake MRI exams fasterusing artificial intelligence. Cutting the exam time from an hour to just five minutes would allow doctors to examine more patients and perform more types of test.
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