The $7 million in annual recurring revenue that Cluely CEO Roy Lee shared last summer was a lie, its founder and CEO Roy Lee admitted on Thursday on X.

Nominal provides hardware testing equipment to defense tech companies. Founders Fund led the preemptive deal.

Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.

After wooing Cal AI for months, MyFitnessPal has successfully acquired its up-and-coming rival, Cal AI, the app built by teens soaring on the apps stores.

The company said such trades violates its internal company policies about using confidential information for personal gain.