Amazon launches same-day prescription medication deliveries in NYC and LA, Canva acquires the Affinity creative suite

Top News

Amazon launches same-day prescription medication deliveries in New York City and the greater Los Angeles area and plans to add 12+ cities by the end of 2024. - Link

Canva acquires the Affinity creative suite, popular with Mac users; COO Cliff Obrecht says the cash-and-stock deal is valued at “several hundred million pounds”. - Link

Fireworks.ai open source API puts generative AI within reach of any developer. - Link

Food-as-medicine startup Chiyo helps postpartum moms with nutrition after raising $3 million. - Link

Sony plans to add a new opt-in Community Game Help feature on the PS5 later in 2024 to automatically create clips that can help other players complete games. - Link

When your business is ready to make that next hire, find the right person with LinkedIn Jobs. Visit LinkedIn.com/TWIST to post a job for free. Terms and conditions apply. Ad

Startup Demo of the Day:

Creatie is a one-stop product design tool where users can ideate, design, collaborate, prototype and handoff using AI. - Link

Founder University is a 12-week pre-accelerator program run by Jason/LAUNCH for builder founders. We're investing $25k in 20-30 companies from Cohort 7. Apply at founder.university/letsbuild.

This Week in Startups

E1919: David Weisburd, Mamoon Hamid, Thomas Scriven, and Jason discuss the growth of India's startup ecosystem, investment strategies, including the role of sovereign wealth funds, and the evolution of the tech industry dynamics. They also touch on future perspectives on mergers, acquisitions, and IPOs within the tech sector. - Watch

E1918: Microsoft has acquired Inflection AI and integrated technologies from other companies like Suno and Cohere, marking a significant move in consolidating AI technologies and potentially avoiding regulatory scrutiny usually associated with mergers and acquisitions. The episode also covers Apple's acquisitions in AI, Suno's new model capabilities, including song production, and discussions on fair use of internet-scraped data. - Watch

E1917: Jamie Rhode from Screendoor discusses optimizing early-stage fund structures, the significance of GP market fit, and strategies for effective portfolio construction. She also covers the unique aspects of seed-stage investing, Screendoor's commitment to diversity, equity, and inclusion (DEI), and the characteristics of high-performing general partners. - Watch

E1916: Arvind Jain from Glean talks about improving work productivity with AI, focusing on privacy and competing with existing tools. He also discusses the effects of AI on businesses and the future of AI development. - Watch

E1915: Sunny and Jason discuss AI and robotics, specifically Cognition’s Devin and the Figure AI robot. They speculate on the future of AI in everyday life, including the integration of AI features into iPhones.- Watch

This Week in Startups Paid Partnerships

Vanta helps businesses get — and stay — compliant by automating up to 90% of the work for the most in-demand compliance frameworks. Get $1000 off your SOC 2 at vanta.com/twist.

DevSquad offers full-service development for SaaS products, including strategy, design, and software creation. Get an entire product team for the cost of one US developer plus 10% off at devsquad.com/twist.

Gelt offers tech-driven tax solutions for business leaders, featuring personal and business tax planning, in-house expertise, and continuous education. Go to joingelt.com/twist for a 15% discount on the first year.