technology

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. Source link

Spotify says the database will power its new SongDNA feature. Source link

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. Source link

Suno has been the target of multiple AI training lawsuits but it has grown so rapidly, VCs were delighted to invest. Source link

Data centers are driving record electricity demand, and the North American Electric Reliability Corporation is warning that a severe winter storm could push the grid over the edge. Source link

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 funded. January Ventures aims to fill that gap, writing pre-seed checks for underrepresented founders transforming healthcare, manufacturing, and supply chain with […]

Kiki Club, a subletting startup that matches listers and renters, violated NYC laws and had to pay the city over $152,000 to settle charges. Source link

Bluesky is making moderation changes, including the addition of new reporting categories, strikes, and more clarity when communicating with users about violations. Source link

According to Amazon, the feature “utilizes generative AI to create theatrical-quality season recaps with synchronized narration, dialogue, and music.” Source link

The newly imposed sanctions target Russian-based web host Media Land, which officials say are linked to LockBit and BlackSuit ransomware attacks. Source link