ChatGPT Cashing In, Thiel's New Travel Bet, and the App Store's Blockchain Game

ChatGPT is Starting to Cash In

OpenAI’s ChatGPT, one of the fastest growing pieces of new technology in history, is quickly onboarding paid users. Some reports project the company is now on pace to hit $1 billion in annualized revenue.

Peter Thiel is Backing a New Fully Electric Type of Travel

Seagliders could end up being the future of short distance coastal travel. Rhode Island-based Regent Craft is developing a fully electric sea-skimming vehicle capable of transporting 12 passengers up to 160 nautical miles.

The company has landed a $60 million Series A round that included Peter Thiel’s Founders Fund, Point72 Ventures, Lockheed Martin, and Mark Cuban.

Blockchain Based Gaming Is Coming to the App Store

Apple has traditionally been against decentralization and digital assets, and that makes their recent App Store approval for Nitro Nation World Tour a notable one.

The blockchain based racing game was built by Mythical Games, which has a lengthy list of strategic investors spanning from Silicon Valley venture fund a16z to NBA legend Michael Jordan.

The Sprint

• Blackbird Labs is attempting to bring crypto to real world restaurants, launching a loyalty app that rewards customers with their FLY token.

• BioticsAI is one of several startups leveraging artificial intelligence to power new prenatal screening technologies that would make ultrasounds more accessible and effective.

• Kaffe Beuno has launched the world’s first coffee biorefinery facility which aims to convert coffee byproducts into valuable compounds that can be reused.

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