Propelled Brands Cuts Camp Bow Wow Startup Costs
Propelled Brands lowers Camp Bow Wow’s investment and standardizes a 6,000-sq-ft prototype to attract multi-unit growth amid a tight real estate market.
Jun 18, 2026
Propelled Brands lowers Camp Bow Wow’s investment and standardizes a 6,000-sq-ft prototype to attract multi-unit growth amid a tight real estate market.
Jun 18, 2026
Blue Bottle launches a 90-minute, machine-free Kyoto-style espresso, bottled for cold drinks across 152 cafés on June 16.
Jun 18, 2026
Yum! Brands will sell Pizza Hut outside China to LongRange for $1.5B and its China unit to Yum China for $1.2B, with deals closing in Q3 2026.
Jun 18, 2026
Toast tops Square, Lightspeed, Clover, SpotOn, and ChowNow as AI and drive-thru tools reshape restaurant POS; market projected to hit USD 44.03B by 2035.
Jun 18, 2026
A missing Lego Star Wars cache puts Bricks & Minifigs in court, testing franchise rules, consignment policies, and brand trust across a 300‑unit network.
Jun 18, 2026
Domino’s launches a $9.99 any pizza deal, adding Parmesan Stuffed Crust through July 26, 2026, timed to the World Cup with gamified rewards and heavy ad support.
Jun 18, 2026
Raising Cane’s opens a 16,000-square-foot flagship by Intuit Dome in Inglewood, blending spectacle and throughput as the chain accelerates global expansion.
Jun 18, 2026
Restaurants race to modernize POS as mobile wallets surge, cloud adoption grows, drive-thru integrations expand, and costs and interoperability shape strategic selection.
Jun 18, 2026
Explore best Areas in Chicago to open a restaurant by matching neighborhood demand, concept type, costs, traffic, and customer behavior.
Jun 17, 2026
Learn how to calculate menu price by analyzing ingredient costs, labor, overhead, demand, and contribution margin for stronger restaurant profits.
Jun 17, 2026
How Presto Automation's sale to venture capital investors and focus on voice AI technology is shaping the future of foodservice operations.

Presto Automation, a leading player in the foodservice artificial intelligence sector, recently made significant waves in the industry with the sale of its assets to a group of venture capital investors. This strategic move, marked by an $18M capital injection, signifies a pivotal moment for the company. By focusing on the development and expansion of its voice AI technology, now under the new name Presto Phoenix, Presto Automation is poised to redefine how foodservice operators leverage automation.
Under the leadership of its new owners, Presto Automation is set to capitalize on the growing demand for voice AI solutions in the foodservice industry. By retaining its Presto Voice platform and team while concentrating on enhancing its voice AI capabilities, Presto aims to lead the market in offering innovative automation solutions tailored for foodservice operators. This strategic shift not only highlights Presto's commitment to technological advancement but also positions the company as a frontrunner in transforming the operational efficiency of the foodservice sector.
In a market filled with voice AI solutions, Presto Automation faces competition from industry rivals. The acquisition of Valyant AI by ConverseNow signals the consolidation of competitors in the voice automation space. However, with a fresh infusion of capital and a wealth of industry expertise, Presto is determined to emerge as the preferred choice for quick-service restaurant (QSR) operators seeking reliable and innovative voice AI technology solutions. By leveraging its proven track record and customer base, Presto aims to solidify its position as the leading provider of voice automation services in the foodservice sector.