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Sigma, which sells a cloud-native analytics platform that sits on top of data warehouses, raised an $80M Series E led by Princeville Capital at a $3B valuation (Cristian Dina/The Next Web)
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Cristian Dina / The Next Web : Sigma, which sells a cloud-native analytics platform that sits on top of data warehouses, raised an $80M Series E led by Princeville Capital at a $3B valuation   —  The round was led by Princeville Capital, with new strategic investors Databricks Ventures, ServiceNow Ventures, and Workday Ventures also participating.
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Ciridae, which is developing AI to streamline back-office operations for real-economy businesses, raised a $20M seed led by Accel, with a16z participating (Jack Kubinec/Fortune)
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Jack Kubinec / Fortune : Ciridae, which is developing AI to streamline back-office operations for real-economy businesses, raised a $20M seed led by Accel, with a16z participating   —  AI is swiftly rewiring the way people work, but an outsize amount of this workplace revolution has so far been confined to Fortune 500-style companies.
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Source: Shein is acquiring DTC clothing retailer Everlane, which focuses on sustainability and "radical transparency", in a $100M deal (Lauren Sherman/Puck)
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Lauren Sherman / Puck : Source: Shein is acquiring DTC clothing retailer Everlane, which focuses on sustainability and “radical transparency”, in a $100M deal   —  The Millennial D.T.C. company built a global brand based on sustainability and radical transparency.  Now, after a years-long slump …
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Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue (The Information)
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The Information : Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue   —  Anthropic and OpenAI are widening the revenue gap between themselves and the rest of the AI startup field.
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Grafana says hackers have accessed its GitHub environment and demanded a ransom to prevent the release of its codebase; Grafana refused to pay (The Hacker News)
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The Hacker News : Grafana says hackers have accessed its GitHub environment and demanded a ransom to prevent the release of its codebase; Grafana refused to pay   —  Grafana has disclosed that an “unauthorized party” obtained a token that granted them the ability to access the company's GitHub environment and download its codebase.
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Hill County, which faced eight new data centers, passed what may be Texas' first county-wide ban on them, for one year; the state trails only VA in data centers (Mike Lee/Politico)
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Mike Lee / Politico : Hill County, which faced eight new data centers, passed what may be Texas' first county-wide ban on them, for one year; the state trails only VA in data centers   —  Opposition to data centers is spreading in regions led by both Democrats and Republicans, as politicians try to balance economic development …
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Second FDA executive departing organization in less than a week as top drug regulator claims she was fired
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Dr. Tracy Beth Høeg, former acting director of the Food and Drug Administration's (FDA) Center for Drug Evaluation and Research (CDER), became the second high-ranking official to depart the FDA this week after claiming she was fired Friday. Høeg's departure came after that of former FDA Commissioner Dr. Marty Makary, who publicly resigned Tuesday after rumors that President Donald Trump was unhappy with him swirled for days . Høeg, who worked closely with Makary on regulating drugs before being elevated to CDER head in December, claimed she was forced out. TRUMP'S FDA BOSS RESIGNING AS ADMIN TAPS NEXT ACTING LEADER "I said I didn’t want to resign," Høeg told MD Reports in an interview published Friday . "I said I’m not signing a letter of resignation if it’s not my choice." "They made it clear that it wasn’t their decision," she told the outlet. "They said it was from someone above them, from someone way above their pay grade." TRU...
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