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Sun Nov 23
Endra, whose AI tools automate mechanical, electrical, and plumbing design for commercial buildings, raised a $20M seed led by Notion (Jeremy Kahn/Fortune)
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Luma AI launches Ray3 Modify, which allows users to modify existing footage by providing character reference images; users can also define start and end frames (Ivan Mehta/TechCrunch)
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Boat rental services Boatsetter and GetMyBoat plan to merge; Boatsetter CEO Michael Farb says the combined company is set to have $100M+ in bookings in 2025 (Ben Glickman/Wall Street Journal)
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Imprint, which helps retailers like Brooks Brothers offer co-branded credit cards and manage loyalty programs, raised $150M led by Khosla at a $1.2B valuation (Paayal Zaveri/Bloomberg)
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North Korean hackers stole a record $2.02B in crypto in 2025, a 51% YoY rise that takes its cumulative stolen total to $6.75B; individual wallet hacks hit 158K (Chainalysis)
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Stockholm-based vibe coding startup Lovable raised $330M led by CapitalG and Menlo Ventures at a $6.6B valuation, up from $1.8B after raising $200M in July (Niko Gallogly/New York Times)
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Documents: OpenAI has sold 700K+ ChatGPT licenses to ~35 US public universities for students and faculty, who used it 14M+ times in September, beating Copilot (Bloomberg)
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Study: AI's 2025 power demand could hit 23GW, above 2024 Bitcoin mining levels, and AI carbon emissions could hit 32.6M to 79.7M tons, compared to NYC's 50M (Justine Calma/The Verge)
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Trump Media agrees to merge with Google-backed fusion energy company TAE in a $6B deal and build the "world's first utility-scale fusion power plant" in 2026 (Financial Times)
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UK AI Security Institute report: AI models are rapidly improving at potentially dangerous biological and chemical tasks, and show fast jumps in self-replication (Shakeel Hashim/Transformer)
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Apple says it will roll out more App Store ads in 2026 "to increase opportunity in search results"; Apple's website says 800M+ users visit the App Store weekly (Chance Miller/9to5Mac)
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Amazon CSO Stephen Schmidt says subtle keystroke data lag, measuring 110ms instead of the expected tens of milliseconds, helped catch a North Korean IT worker (Jake Bleiberg/Bloomberg)
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Circana: Xbox Series console sales fell 70% YoY to an all-time low in November, compared to the PS5's 40% YoY drop and Switch 1 and 2's combined 10% YoY fall (Rebekah Valentine/IGN)
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Honda plans to halt production in Japan and China from December 29 to January 6, showing the ongoing fallout of the global chip shortage and Nexperia takeover (Bloomberg)
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Sources: Yann LeCun is in early talks to raise €500M for his startup at a ~€3B valuation, and plans to name Alexandre LeBrun as CEO, ahead of a January launch (Financial Times)
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FCC Chairman Brendan Carr tells a Senate committee the FCC "is not an independent agency"; the agency removed "independent agency" from its site as he testified (Axios)
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An in-depth look at a recent research paper that offered a roadmap to the viability of 3D HBM-on-GPU integration for improved AI performance and utilization (Gavin Bonshor/More Than Moore)
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Rome-based Exein, which offers cybersecurity tools for protecting connected devices including cars and home routers, raised €100M led by Blue Cloud Ventures (Rose Henderson/Bloomberg)
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Sources detail how Tiger Global fueled the COVID-era unicorn bubble that burst ahead of the AI boom; the firm recently shared its $12.7B 2021 fund is now up 16% (Issie Lapowsky/Rest of World)
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Filing: Sony and Tencent reach a "confidential settlement" over Tencent's Light of Motiram, a game that Sony alleged was a "slavish clone" of its Horizon series (Jay Peters/The Verge)
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Tokyo-based Resonac, a crucial cutting-edge chip chemicals supplier whose shares are up 40%+ YTD, says it has bolstered China production capacity to meet demand (Bloomberg)
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Oilfield service companies are moving into the data center business by supplying power and cooling tech as demand from traditional drilling customers weakens (Martha Muir/Financial Times)
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Sources: Pinduoduo and Temu owner PDD fires dozens following a fistfight between employees and Chinese officials probing fraudulent deliveries on its platform (Bloomberg)
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Tim Sweeney says Fortnite will not return to iOS in Japan in 2025, as Apple is "charging a competition-crushing 21% junk fee on third-party in-app payments" (Tim Sweeney/@timsweeneyepic)
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In a letter, Rocket Internet minority shareholder Scherzer & Co accuses the company of marking down startup valuations to buy out backers at "bargain prices" (Financial Times)
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Manus says it crossed $100M ARR eight months after launch and is growing at 20%+ MoM since Manus 1.5's release; its total revenue run rate is now over $125M (Jake Rudnitsky/Bloomberg)
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SoftBank Group was among the Japanese tech stocks that fell on December 18, as Wall Street's AI infrastructure spending worries crossed into the Asian markets (Lim Hui Jie/CNBC)
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Fermi CEO Toby Neugebauer says Amazon canceled a $150M advance for a Texas AI data center campus; FRMI fell 34% on December 12 after saying a tenant canceled (Dakin Campbell/Business Insider)
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Wall Street clearinghouse DTCC selects the Canton Network blockchain as a real-world asset tokenization partner after receiving a No-Action Letter from the SEC (Ian Allison/CoinDesk)
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India-listed RRP Semiconductor surged 55,000%+ in the 20 months through December 17, despite negative revenue; a source says India's SEBI is examining the jump (Chiranjivi Chakraborty/Bloomberg)
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Tebra, which offers practice management tools for private healthcare providers, raised $250M led by Hildred, mostly in equity, to accelerate its AI capabilities (FinSMEs)
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Sources: General Intuition, which trains AI agents in spatial reasoning, is in late-stage talks to raise several hundred million dollars at a $2B+ valuation (Alex Heath/Sources)
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How Apple is helping filmmakers and developers create immersive media for the Vision Pro and share best practices (Harry McCracken/Fast Company)
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OpenAI opens app submissions for review and publication in ChatGPT, where users can discover or search for apps in a new app directory (OpenAI)
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Apple unveils iOS changes in Japan to comply with local law, including alternative app stores and payment options, a new fee structure, and new default controls (Juli Clover/MacRumors)
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Sources: US FTC is probing Instacart's AI pricing tool, after a study showed different prices for the same items at the same stores; CART drops 8%+ after hours (Jody Godoy/Reuters)
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Sources: OpenAI has held preliminary discussions with investors about raising tens of billions of dollars, and as much as $100B, at a valuation of around $750B (The Information)
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Coinbase is rolling out stock trading, more advanced trading tools, prediction markets via Kalshi, and more, amid a push to be a one-stop financial app (MacKenzie Sigalos/CNBC)
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Meta is testing limiting Facebook professional accounts and Pages to posting just two links per month, unless they subscribe to $14.99+/month Meta Verified (Ivan Mehta/TechCrunch)
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Sources: China built a working prototype of an EUV machine in early 2025 with a team of former ASML engineers who reverse-engineered the company's EUV machines (Fanny Potkin/Reuters)
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Micron reports Q1 revenue up 57% YoY to $13.64B, vs. $12.84B est., net income up 180% to $5.24B, and Q2 revenue forecast above est.; MU jumps 5%+ after hours (Kif Leswing/CNBC)
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A UK family and a US family sue Meta for the alleged wrongful deaths of their teenage sons, who died by suicide after falling victim to sextortion on Instagram (David Ingram/NBC News)
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Parents of sextortion victim sue Meta for alleged wrongful death (Libby Brooks/The Guardian)
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Pornhub is being extorted by ShinyHunters after the search and watch history of its Premium members was reportedly stolen in a recent Mixpanel data breach (Lawrence Abrams/BleepingComputer)
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In a proposed settlement, the US FTC says crypto bridge Nomad must repay the victims of a July 2022 cyberattack that led to $186M worth of funds being stolen (Connor Jones/The Register)
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Amazon's AGI team lead, Rohit Prasad, is leaving at the end of 2025; AWS SVP Peter DeSantis will lead a group combining AI, silicon, and quantum computing teams (Todd Bishop/GeekWire)
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The Academy signs a multi-year deal that will give YouTube the exclusive global rights to the Oscars, beginning in 2029 and running through 2033 (Scott Feinberg/The Hollywood Reporter)
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Meta says it has "paused" its third-party Horizon OS headset program, announced in April 2024 with Asus and Lenovo as its first partners to build the headsets (Ben Lang/Road to VR)
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Gemini 3 Flash costs $0.50 per 1M input tokens and $3 per 1M output tokens, vs. Gemini 2.5 Flash's $0.30 per 1M input tokens and $2.50 per 1M output tokens (Tulsee Doshi/The Keyword)
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Google makes Gemini 3 Flash the default model in the Gemini app and Search's AI mode; it scored 33.7% without tool use on Humanity's Last Exam vs. 3 Pro's 37.5% (Ivan Mehta/TechCrunch)
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