Pulley, a Carta rival, is shutting down
Cap table management platform Pulley, backed by General Catalyst, Stripe, and Founders Fund, announced that it’s closing shop in December.
In Brief
Hackers publish thousands of drivers’ data after breaching Florida motor vehicle database
The ShinyHunters gang leaked the files online after saying the Florida state agency did not pay their ransom demand.
Google says some Pixel phone owners were hacked in zero-day attacks
The Pixel phone maker said there are indications that a bug in the phone’s modem “may be under limited, targeted exploitation.”
US military confirms it launched space weapons into Earth’s orbit
This is the first public acknowledgment that the U.S. military put a space weapon in Earth’s orbit.
AEO startup Profound hits unicorn valuation, raises $180M Series D 7 months after last round
Profound has raised a $180 million Series D at a $1.8 billion valuation, less than seven months after it raised a $96 million Series C.
OpenAI buys smartphone camera maker Glass Imaging for $300 million, report says
Glass Imaging was founded by a pair of former Apple engineers who previously led the team that developed Apple’s Portrait Mode.
Kimi-maker Moonshot AI targets $2B in annual revenue
While K3’s usage figures have declined slightly in recent months, OpenRouter data currently shows as many as 300 billion tokens being generated each day by K3 models on the system.
Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO
The No. 2 exec at OpenAI also led Instacart through its IPO in 2023.
Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers
Proxima Fusion said Wednesday it plans to build a €140 million ($162.6 million) factory to produce fusion-grade high-temperature superconducting (HTS) tape, which will provide the startup with key component to its reactor design.