Cavela lands $6.6M to help brands beat pre-tariff manufacturing costs
The startup claims that its AI agents can reduce the cost of product manufacturing by an average of 35%.
Function Health raises $298M Series B at $2.5B valuation
Function, which offers blood testing and medical imaging services, recently raised $298 million in a Series B round led by Redpoint Ventures at a valuation of $2.5 billion.
Spotify acquires music database WhoSampled
Spotify says the database will power its new SongDNA feature.
Warner Music settles copyright lawsuit with Udio, signs deal for AI music platform
The subscription service will allow users to make remixes, covers, and new songs using the voices of artists and compositions of songwriters who choose to participate.
Legally embattled AI music startup Suno raises at $2.45B valuation on $200M revenue
Suno has been the target of multiple AI training lawsuits but it has grown so rapidly, VCs were delighted to invest.
Rising data center electricity use risks blackouts during winter storms
Data centers are driving record electricity demand, and the North American Electric Reliability Corporation is warning that a sever winter storm could push the grid over the edge.
Why January Ventures is funding underrepresented AI founders
While everyone’s chasing the next AI infrastructure play in San Francisco, some of the most defensible AI companies are being built by founders with deep expertise in legacy industries — and they’re not getting
Amazon’s Prime Video is getting AI-generated Video Recaps for some TV shows
According to Amazon, the feature “utilizes generative AI to create theatrical-quality season recaps with synchronized narration, dialogue, and music.”
US, UK, and Australia sanction Russian ‘bulletproof’ web host used in ransomware attacks
The newly imposed sanctions target Russian-based web host Media Land, which officials say are linked to LockBit and BlackSuit ransomware attacks.
Bluesky announces moderation changes focused on better tracking, improved transparency
Bluesky is making moderation changes, including the addition of new reporting categories, strikes, and more clarity when communicating with users about violations.