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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)

May 17, 2026

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)

May 17, 2026

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)

May 17, 2026

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)

May 17, 2026

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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Nectar Social, which offers an agentic OS for marketers, raised a $30M Series A led by Menlo Ventures, with GV and True Ventures among investors (Dominic-Madori Davis/TechCrunch)

May 16, 2026

Dominic-Madori Davis / TechCrunch:
Nectar Social, which offers an agentic OS for marketers, raised a $30M Series A led by Menlo Ventures, with GV and True Ventures among investors  —  AI-powered marketing platform Nectar Social announced Thursday that it raised a $30 million Series A round led by Menlo Ventures and its Anthology Fund …



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Vietnam's government, which once saw video games as a social risk, named gaming as one of its key cultural industries in 2025 and now promotes them at expos (Bloomberg)

May 16, 2026

Bloomberg:
Vietnam's government, which once saw video games as a social risk, named gaming as one of its key cultural industries in 2025 and now promotes them at expos  —  Communist officials who long viewed video games as a social risk now see them as key to a knowledge-driven economy.



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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)

May 16, 2026

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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