Wednesday, September 8, 2021

Aviatrix, which provides multi-cloud native networking tools, raises $200M led by TCV at a $2B valuation, up from $700M seven months ago (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg:
Aviatrix, which provides multi-cloud native networking tools, raises $200M led by TCV at a $2B valuation, up from $700M seven months ago  —  Investment shows investors' enthusiasm for the cloud.  —  The latest unicorn startup is Aviatrix Systems Inc., a cloud networking provider now valued at $2 billion.



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Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that "controlled" products are superior to unregulated AI "slop" (Financial Times)

Financial Times : Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” prod...