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Fintech in the food industry: A growing appetite for innovation

REGISTER NOW The U.S. Military Academy sits at the head of Main Street in the Hudson Valley town of Highland Falls, N.Y., an ideal setting for college-town shops like quick serve restaurants. Here, Chipotle recently chose a spot yards from West Point s imposing gates as a proving ground for its digital kitchen. It s a restaurant with no dining room or service line. Most of the dining experience takes place on an app, website or third-party order platform. And Chipotle sees this as more than a COVID line-busting concept in a high-volume location. People can still look into the kitchen from the lobby, hear the cooks and smell the food. There s a sense of permanence. Chipotle imagines a future in which people will want the experience of a restaurant without actually having to spend 90 minutes inside.

Uber s first head of data science just launched a new venture fund to back nascent AI startups – TechCrunch

Uber’s first head of data science just raised a new venture fund to back nascent AI startups Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accomplished what he wanted at the company, he left. At first, he picked up the pace of his angel investing, work he’d already begun focusing on during weekends and evenings, ultimately building a portfolio of more than 50 startups (including the fintech Pipe and the autonomous checkout company Standard Cognition).

The Venture Reality Fund/VRF Archives

The Venture Reality Fund/VRF Archives
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Trigo bags $10M for computer-vision based checkout tech to rival Amazon s Just Walk Out – TechCrunch

Trigo bags $10M for computer-vision based checkout tech to rival Amazon s Just Walk Out – TechCrunch
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Amazon to open its first Fresh supermarket with checkout-free technology

Amazon to open its first Fresh supermarket with checkout-free technology
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