Nvidia's record $57B revenue and upbeat forecast quiets AI bubble talk: Nvidia's earnings were dominated by its data center business. Read More |
Spotify acquires music database WhoSampled: WhoSampled offers an extensive database of songs, samples, covers, remixes, artists, and more. According to its website, it's now tracking more than 1.2 million songs and nearly 622,000 samples. That data is powering Spotify's latest features, like its upcoming music discovery tool SongDNA. Read More |
Function Health raises $298M Series B at $2.5B valuation: From electronic health records and blood tests to the stream of data from wearable devices, the amount of health information people generate is accelerating rapidly. Yet, many users struggle to connect this trove of data in a meaningful way and actually use it to improve their health. Function Health wants to consolidate health data and make it usable for its customers. Read More |
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With upcoming ban, Meta begins to notify Australian teens that their accounts will be shut down: When the ban goes into effect on December 10, Meta will revoke account access for users under the age of 16 in Australia. Read More |
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 severe winter storm could push the grid over the edge. Read More |
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. Read More |
VC Jennifer Neundorfer explains how founders can stand out in a crowded AI market: Founders and investors alike are obsessed with AI, and even Neundorfer said her firm, January Ventures, is looking at ways to use AI to make their work more efficient, such as helping to do due diligence on the market and competition. Read More |
OpenAI board member Larry Summers steps down amid Epstein file revelations: Former Treasury Secretary Larry Summers has resigned from OpenAI's board days after Congress released documents showing he was close friends with convicted sex offender Jeffrey Epstein. Read More |
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Türkiye ranked among the top 10 in EMEA as a vibrant hub for innovation and entrepreneurship. "Türkiye: A Leading Hub for Technology Startups and Tech Companies in EMEA" report shares the ecosystem's key trends and dynamics. Global investors and entrepreneurs are invited to join Türkiye's journey as it evolves into an opportunity-rich ecosystem. |
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| You missed these chats from Disrupt: |
Phoebe Gates and Sophia Kianni launch fashion tech startup Phia, Coinbase talks M&A under pro-crypto administration, and Clyx introduces an AI event finder. |
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Adobe to buy Semrush for $1.9 billion: Adobe said it would offer $12 per share for Semrush, almost double the latter's closing price of $6.89 on Tuesday, before news of the deal. Read More |
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