Sphere, which raised a $4.3M seed as an edtech marketplace, pivots and raised a $21M Series A led by a16z to develop an AI tax compliance software service (Dominic-Madori Davis/TechCrunch)

Cavela has secured $6.6 million in funding to assist brands in reducing pre-tariff manufacturing costs. The startup claims that its AI agents can lower product manufacturing expenses by an average of 35%.

Function Health has successfully raised $298 million in a Series B funding round, achieving a valuation of $2.5 billion. The company aims to consolidate health data from various sources, including electronic health records and wearable devices, to help users better utilize this information for improving their health.

Warner Music has settled a copyright lawsuit with Udio, an AI startup. The agreement allows Udio to launch a subscription service enabling users to create remixes, covers, and new songs using the voices of participating artists and songwriters.

Suno, an AI music startup, has raised $250 million in funding, achieving a valuation of $2.45 billion despite facing multiple lawsuits related to AI training. The company reported an annual revenue of $200 million, showcasing its rapid growth and attracting significant interest from venture capitalists.

Bluesky is implementing moderation changes aimed at enhancing tracking and transparency. These changes include the introduction of new reporting categories and clearer communication with users regarding violations.

Amazon has announced that its Prime Video service will feature AI-generated video recaps for select TV shows. This innovative feature employs generative AI technology to produce theatrical-quality season recaps, complete with synchronized narration, dialogue, and music.

Google Maps has introduced a new 'know before you go' tips section, powered by its Gemini AI, which provides users with essential information about locations such as restaurants, hotels, and concert venues. This feature aims to enhance the user experience by surfacing relevant details before visits.

Adobe has announced its intention to acquire Semrush for $1.9 billion, offering $12 per share, nearly double Semrush's closing price of $6.89 prior to the announcement. This acquisition highlights Adobe's strategy to enhance its capabilities in search engine optimization and digital marketing.