TechCrunch Top 3

Carvana ties up with Bezos-backed Slate Auto as it plans new car sales: Carvana was granted a warrant to buy shares in Slate last year, according to documents obtained by TechCrunch. Guggenheim Partners CEO Mark Walter is heavily invested in both companies. Read More

Alphabet's record-breaking $85B raise for Google's AI business is a helluva good signal: If Alphabet's record-breaking $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow. Read More

Quick commerce FirstClub doubles valuation to $255M in nine months: The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch. Read More

A message from Alumni Ventures

You Could Be an Investor in High-Potential Startups Like These

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Morning Must-Reads

Apple touts $1.4 trillion in App Store billings and sales, 90% without a commission: Apple's App Store generated $1.4 trillion in sales, up from $1.3 trillion last year, with $149 billion in sales for digital goods. Read More

Oura Ring 5 review: Thinner, lighter, better: The Ring 5, which Oura describes as the world’s smallest smart ring, is 40% smaller than its predecessor and starts at $399. Read More

Google's Dreambeans, its weirdest-named AI tool to date, will turn your life into a cartoon: Dreambeans is a curated list of AI-illustrated "stories" culled from the personal data in your Google account. Read More

Lovable signs multiyear deal with Google Cloud to up usage 5x, source says: Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable's footprint on Google Cloud, and expanded access to Anthropic Claude. Read More

Uber to put 500 data-collection vehicles on the road this year: The modified Ioniq 5 will be loaded with sensors to capture data for Uber's new AV Labs division. Read More

A message from NVIDIA and Microsoft

Build to ship in the NVIDIA Builder’s Arcade

The NVIDIA Builder’s Arcade is open now through June 5 with daily activities and developer challenges. Enter now and explore Microsoft Build sessions, demos, and more.

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Last but Not Least

Ultrahuman says hackers accessed customers' wellness data via internal tool: The breach at wearable ring maker Ultrahuman stemmed from credentials stolen from a malware-infected employee laptop. Read More