Elon Musk’s ‘vision for transport’ is a 3D network of tunnels for autonomous electric vehicles – TechCrunch

Billionaire entrepreneur Elon Musk’s vision of an “entirely new system of transport,” which he unveiled Wednesday night at a splashy event in Hawthorne, California, wasn’t a reusable rocket like the ones he’s building at his nearby SpaceX headquarters. Nor is it an electric vehicle, like the Teslas he is producing at a factory in Fremont, California.…

Target’s same-day delivery service Shipt will include ‘all major product categories’ in 2019 – TechCrunch

Target has grand plans for Shipt, the same-day grocery delivery service it bought a year ago for $550 million. While generally known today as something of an Instacart competitor – essentially Target’s answer to Walmart and Amazon’s grocery delivery businesses – Shipt has expanded to include more of Target’s assortment over the past year. By…

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors – TechCrunch

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7BN. We’ve confirmed the valuation is $1.5BN before including the new capital raised. We’re also…

Abacus raises $2 million to help startups and investors manage tokenized liquidity programs – TechCrunch

For the crypto market to become attractive to institutional investors, companies and their investors need to ensure that tokenized securities — digital assets subject to federal security regulations — can be as easily tracked and traded and exchanged as traditional stock shares. Abacus, a young company that passed through Y Combinator this past summer, thinks…