Endra, whose AI tools automate mechanical, electrical, and plumbing design for commercial buildings, raised a $20M seed led by Notion (Jeremy Kahn/Fortune)
Fortune
Exclusive: Notion Capital leads $20 million seed round for startup automating building MEP design | Fortune
Sweden-based Endra says it reduces the time to design buildings' electrical systems from months to hours.
Techmeme
Endra, whose AI tools automate mechanical, electrical, and plumbing design for commercial buildings, raised a $20M seed led by Notion
By Jeremy Kahn / Fortune. View the full context on Techmeme.
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)
TechCrunch
Luma releases a new AI model that lets users generate a video from a start and end frame | TechCrunch
Luma AI's new model is available through the company's Dream Machine platform.
Techmeme
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
By Ivan Mehta / TechCrunch. View the full context on Techmeme.
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) https://www.wsj.com/business/deals/two-airbnb-for-boats-companies-are-merging-f3e1bc00?st=VPCA3E&reflink=desktopwebshare_permalink
Techmeme
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
By Ben Glickman / Wall Street Journal. View the full context on Techmeme.
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)
Bloomberg.com
Khosla-Led Deal Propels Fintech Imprint to $1.2 Billion Valuation
Fintech startup Imprint Payments Inc., which helps retailers like Brooks Brothers offer co-branded credit cards, has reached a valuation of $1.2 bi...
Techmeme
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
By Paayal Zaveri / Bloomberg. View the full context on Techmeme.
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) https://www.chainalysis.com/blog/crypto-hacking-stolen-funds-2026/
Techmeme
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
From Chainalysis. View the full context on Techmeme.
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)
Lovable, a Start-Up That Makes Anyone a Coder, Raises $330 Million
The Swedish company is now valued at $6.6 billion, more than triple its $1.8 billion valuation set by investors in July.
Techmeme
Stockholm-based AI 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
By Niko Gallogly / New York Times. View the full context on Techmeme.
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)
Bloomberg.com
OpenAI Inks Deals With Colleges, Seizing Early Lead in Education Market
OpenAI has established a beachhead at many US colleges, overcoming university administrators’ wariness of artificial intelligence and giving Chat...
Techmeme
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
From Bloomberg. View the full context on Techmeme.
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)
The Verge
AI’s water and electricity use soars in 2025
It’s guzzling up even more water than expected.
Techmeme
Study: AI
By Justine Calma / The Verge. View the full context on Techmeme.
TMTG agrees to merge with Google-backed fusion energy company TAE in a $6B deal and begin building the "world's first utility-scale fusion power plant" in 2026 (Financial Times)
Client Challenge
Techmeme
Trump Media agrees to merge with Google-backed fusion energy company TAE in a $6B deal and build the “world
From Financial Times. View the full context on Techmeme.
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)
AI is making dangerous lab work accessible to novices, UK’s AISI finds
UK AISI’s first Frontier AI Trends Report finds that AI models are getting better at self-replication, too
Techmeme
UK AI Security Institute report: AI models are rapidly improving at potentially dangerous biological and chemical tasks, and show fast jumps in self-replication
By Shakeel Hashim / Transformer. View the full context on Techmeme.