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Manya Saini / Reuters:

NY-based Kalepa, whose AI platform supports insurance underwriting, pricing, and portfolio management, raised a $75M Series B led by Updata at a $470M valuation

Reuters:

China's top memory maker YMTC plans to source up to 70% of equipment for its fourth chip factory locally, up from just over 50% for its third factory

Jada Nagumo / Nikkei Asia:

Asian tech stocks plunge amid fears US Democrats may delay data centers; Taiwan's Taiex sees a record intraday point drop, Kospi falls 8.7%, and Nikkei 6.7%

Joel Khalili / Wired:

Potential Sciences, an AI startup building large-scale chemical data sets, secured backing from the UK's Sovereign AI Fund, as part of an eight-figure raise

Matthias Bastian / The Decoder:

Google rolls out Gemini Omni 1.2 Flash, which creates clips up to 15 seconds, vs. 10 seconds with Omni 1.1, has better reference adherence, and costs 30% less

Emma Roth / The Verge:

Perplexity rolls out Teammates, an always-on AI agent system that integrates with Computer to handle multiple roles and execute large-scale tasks simultaneously

Financial Times:

UK neobank Monzo is exploring a new fundraising round valuing it at ~£7.5B after failing to be acquired by Nu Holdings and struggling to sell a stake

The Information:

Filing: Airbnb discloses that it has the option to invest in and license tech from CEO Brian Chesky's stealth AI lab; source: Chesky has self-funded it so far

Business Insider:

Thinking Machines Lab is raising $5B led by Accel at a $40B pre-money valuation, more than tripling its valuation from its last public round last year

Artificial Analysis:

Artificial Analysis says Inkling 2 Small matches Gemini 3.8 Flash (high) in its index and would be the top open model outside China once its weights are out

Kelly Cloonan / Wall Street Journal:

Lyft reports Q3 revenue up 8% YoY to $1.82B, vs. $1.92B est., and a net loss of $0.03 a share, vs. an est. profit of $0.20 a share; LYFT drops 8%+ after hours

Nieman Lab:

Meta indefinitely pauses its new commercial terms, which critics say would let it scrape sites of business users, after publisher outcry and court injunctions

Aaron Holmes / The Information:

Cloud security startup Cyera is planning to raise around $800M in a round led by Cyberstarts at a $20B valuation, up from $12B in June

Wall Street Journal:

Major investors are increasingly skeptical Anthropic's IPO can achieve a $1.5T valuation after a market selloff; one says it could be closer to $1T

Reuters:

Unity has held talks to be acquired by a consortium including Silver Lake, which owns 8% of Unity, and Saudi Arabia's PIF, discussing a ~$25B valuation

New York Times:

NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose

Elias Schisgall / Wall Street Journal:

Cloudflare reports Q3 revenue up 39% YoY to $782.5M, above $737.2M est., a $34.1M net loss, and lifts its FY 2026 guidance; NET jumps 14%+ after hours

Bloomberg:

Airbnb reports Q3 revenue up 19% YoY to $4.9B, above est., Nights and Seats Booked up 16% to 155M, rises its FY 2026 revenue outlook; ABNB jumps 9%+ after hours

Kevin Breuninger / CNBC:

GOP leaders of three House committees ask Jensen Huang for a closed-door briefing on his ties with Megaspeed executive Alice Huang, reportedly a Chinese asset

Rocket Drew / The Information:

California State Senator Scott Wiener, an author of AI safety law SB 53, won Tuesday's election to succeed Pelosi in the US House, campaigning on AI regulation

@metr_evals:

METR: Anthropic redacted much of the "most informative" evidence from METR's 100-page report, so readers "must rely on our judgment more than we consider ideal"

Meghan Bobrowsky / Wall Street Journal:

Meta President Dina Powell McCormick says building new US data centers will be "harder" after midterm results, but it will be easier to expand existing projects

The Information:

Nvidia approached Apollo about retrofitting some of the 130+ buildings of the PE firm's struggling ISP Brightspeed into a network of small data centers

Davey Alba / Bloomberg:

Google says it will spend $17B to build its first Wyoming data center, pay for all the power it uses, and form a Community Council to address growth concerns

Jay Peters / The Verge:

Meta rolls out voice mode and expressive avatars in the Muse app, starting in the US, letting users have real-time voice conversations with their Muse AI agent

Reuters:

About 600,000 of Nvidia's H200 chips are stored in Hong Kong awaiting shipment to mainland China, as Beijing withholds approval for large-scale imports

Los Angeles Times:

California's Proposition 40, which proposes a one-time 5% tax on billionaires' assets to mostly fund healthcare, seems headed for defeat as vote counts continue

Radhika Rajkumar / ZDNET:

Anthropic launches Personal Finance in Claude, letting users connect bank and credit card accounts via Plaid with read-only access to analyze spending trends

Tom Warren / The Verge:

Microsoft rolls out to Xbox Insiders an Xbox PC app that launches up to 60% faster and has a design to match Xbox Cloud Gaming updates on the web and smart TVs

Djohnson / CyberScoop:

OpenAI says GPT-6 Cyber will first launch to a limited number of customers in its Daybreak Red program and has found 81+ "novel" vulnerabilities in Firefox

Reuters:

Marc Lore's Wonder Group files confidentially for a US IPO, after raising $650M at a $9B pre-money valuation in July and acquiring Grubhub for $650M in 2025

Rebecca Torrence / Bloomberg:

Defense tech startup Shield AI raises $2.5B to help acquire radar company Echodyne, including a $1B Series H at a $28.8B valuation, up from $12.7B in March

Ivan Mehta / TechCrunch:

Aina, which raised $5.5M, launches an "AI ring" with a screen, joystick, and mic to let users talk to their AI agents, take notes, control Apple TV, and more

Brody Ford / Bloomberg:

Microsoft is tightening oversight of some data center projects, stepping away from those it deems risky, and debating whether to ink new neocloud deals

Lefteris Papadimas / Reuters:

Greece's parliament approves a 10% capital gains tax on crypto, exempting gains of up to €500 a year, in the country's first comprehensive crypto tax framework

Jonathan Stempel / Reuters:

Google, Meta, and TikTok file lawsuits to block a California law that bans online platforms from providing "psychologically exploitative features" to under-16s

Ben Schoon / 9to5Google:

Motorola launches the $1,599+ Signature 27, featuring a Snapdragon 8 Elite Extreme Gen 6 chipset, a 6.8-inch Tandem OLED display, and seven years of OS updates

Rya Jetha / Business Insider:

Humble Robotics, which is building cabless electric autonomous trucks for regional routes under 250 miles, raised $51M, taking its total funding to $75M

Isabelle Bousquette / Wall Street Journal:

Mercedes-Benz rolls out conversational models that run directly on its cars instead of the cloud through a partnership with MIT spinout Liquid AI

Mary Ann Azevedo / Crunchbase News:

Dropbox plans to acquire AI storage startup Tigris Data for $350M, its largest acquisition to date; Tigris raised ~$31.9M from Spark, a16z, and others

Ivan Mehta / TechCrunch:

ElevenLabs says users can now publish AI-generated music made with ElevenMusic directly on SoundCloud and that users have created 25M+ tracks using its models

Kelly Cloonan / Wall Street Journal:

Autonomous drone delivery startup Zipline raised $1.5B at a $21.5B valuation, up from $7.85B after raising $600M+ in January, and plans to grow US manufacturing

Jaron Schneider / PetaPixel:

The MacBook Pro's PROLED XDR display is the best display you can buy right now, but touching it is not very ergonomic and lack of Apple Pencil support is weird

Andrew J. Hawkins / The Verge:

United Airlines is rolling out a custom native Spotify seatback app across its fleet, letting users log into their accounts, powered by Starlink's Wi-Fi

Marcus Mendes / 9to5Mac:

Apple rolls out Retention Messaging, letting developers show personalized text, images, or special offers to users who are trying to cancel their subscription

Samantha Kelly / Bloomberg:

Agility Robotics begins trading on the Nasdaq under AGLT after a SPAC merger, the first dedicated humanoid robotics company to go public in the US

New York Times:

Sources detail Dario Amodei's AI beliefs, shaped by forums like GiveWell and based on EA and "rationalism", and his disputes with Sam Altman and Greg Brockman

Tom Warren / The Verge:

Discord is moving its desktop app from Electron to Rust for improved speed and memory safety; its CTO shares an image of the Windows app using just 290MB of RAM

Bloomberg:

Micron suspends construction of its $3B to $4.5B Fab 11E facility in Taiwan, set for 2028, due to mounting uncertainties over a local labor dispute

Andrew J. Hawkins / The Verge:

Amazon partners with Uber to make Uber Eats the "official" US restaurant delivery partner for Amazon Prime subscribers, after previously partnering with Grubhub

Bloomberg:

Study: UK consumer AI spending passes £1B annually, with 5.1% of adults paying for subscriptions as of July 2026; Claude is rapidly catching up to ChatGPT

Jay Peters / The Verge:

X is rolling out a redesigned web app country by country for signed-in users, with a single unified server, saying it improves load times over slow connections

Wall Street Journal:

At Jensen Huang's midterms event, tech executives expressed concern over anti-data center results; OpenAI discussed resetting its 2027 capacity plans

Will Knight / Wired:

Hugging Face CEO Clément Delangue says his P(doom) is "close to zero", arguing that future AI risks stem from closed frontier AI labs, not open-source systems

Carl Franzen / VentureBeat:

Ricursive releases Ripple-65B Preview, a general-purpose variant of its AI model for advanced chip design, under Apache 2.0, costing $0.60 per 1M output tokens

Takashi Mochizuki / Bloomberg:

Nintendo reports Q2 net profit down 16% YoY to $468M, as rising Switch 2 component costs cut into its margins; Switch 2's H1 FY 2027 sales fell 37% YoY to 6.49M

Aryan Gupta / Bloomberg:

Sunil Mittal, founder of India's second-largest telco Airtel, says Airtel-backed OneWeb can build a satellite-internet network independent of the US and China

Takashi Mochizuki / Bloomberg:

Sony reports Q2 revenue of ~$21.7B, operating profit of $3.94B, both above est., and 2.6M PS5 sales, as GTA VI sparks a US sales jump, especially of the PS5 Pro

Maxwell Zeff / Wall Street Journal:

OpenAI President Greg Brockman says H1 2026 was "pretty rough", but agentic coding tools, GPT-5.6 Sol, and ChatGPT Work drove a "revenue inflection" in Q3

Irina Anghel / Bloomberg:

Adzuna: UK entry-level job postings mentioning AI are up ~3x since early 2025; Indeed says one in six vacancies in AI-exposed fields now mentions AI, up 2x YoY

Jenny Lee / CNBC:

Chinese chipmakers' aggressive hiring of experienced engineers is increasingly at odds with efforts to protect trade secrets in Taiwan and South Korea

Cheng Ting-Fang / Nikkei Asia:

China's export curbs on critical metals have disrupted supplies of micro drill bits made mainly from tungsten carbide, used in PCBs and chip substrates

Reuters:

Sources and company memo: Chinese NAND flash maker YMTC has put its Shanghai IPO on hold as China tightens share sale approvals; YMTC sought to raise ~$4.9B

XBOX Wire:

Microsoft previews using smartphones as controllers for Xbox Cloud Gaming on supported smart TVs and direct Wi-Fi cloud gaming support for the Nano Controller

Charles Rollet / Business Insider:

Meta has decided to stop using fruit for its AI model codenames, as they didn't suit its lofty AI ambitions; its latest model was named "Watermelon"

David Keohane / Financial Times:

China has told SoftBank it will not allow the $5.4B acquisition of ABB's robotics division to go ahead; China is the division's biggest market

Valida Pau / The Information:

Palo Alto Networks is in talks to acquire Israeli startup Clutch Security, which develops software for tracking passwords used by AI agents, for ~$500M

Cristian Dina / The Next Web:

Berlin-based Pliant raised an $80M Series C led by Seaya Nova and Speedinvest, as it opens its B2B payments infrastructure to AI agents

OpenAI:

OpenAI details a pipeline that used an upcoming cyber model to validate and patch 948 local privilege escalation vulnerabilities in Linux for $1.2M in API costs

William Gavin / MarketWatch:

AppLovin reports Q3 revenue up 55% YoY to $2.18B, above $2.07B est., and forecasts Q4 revenue above estimates; APP surges 20%+

Stephen Council / Business Insider:

Cat Wu, who left Anthropic last week, says she is joining OpenAI to lead product manangement for core products; Wu was the product lead for Claude Code

Carmen Arroyo / Bloomberg:

Goldman Sachs and Apollo are in talks with investors to sell portions of SpaceX's ~$40B chip financing, asking some for up to $500M before syndication

Mark Stenberg / Adweek:

Anthropic and AP struck a licensing deal just before the midterms, marking the first time Anthropic paid a digital news publisher to license content

Emma Roth / The Verge:

OpenAI launches Images 2.6 in ChatGPT, Codex, and the API, saying it generates images 50% faster, and adds animated GIF creation from prompts or photos

Bloomberg:

Google DeepMind spinout Isomorphic Labs is in talks to raise ~$5B at a ~$50B valuation; the AI drug discovery startup last raised $2.1B in May

Reuters:

Data center shares fall as investors expect slower AI buildout after Democrats win Congress; Hut 8 drops 23%, IREN 11%, Core Scientific 10%, Applied Digital 7%

Deborah Mary Sophia / Reuters:

Figma reports Q3 revenue up 43% YoY to $391.4M, above est., gross margin of 80%, below 81% est., and lifts its 2026 revenue outlook; FIG drops 6%+ after hours

Spencer Soper / Bloomberg:

Snap reports Q3 revenue up 14% YoY to $1.72B, in line with est., and DAUs up 4% to 495M, vs. 499M est.; SNAP drops 10%+ after hours

Reuters:

Arm reports Q2 revenue up 27% YoY to $1.44B, vs. $1.38B est., royalty revenue up 8% to $670M, vs. $720.8M est., and licensing revenue up 50% to $773M

Bloomberg:

Meta raised €9B from its debut euro bond sale that drew a record €53B of orders, paying ~1.4x the risk premium Alphabet offered for similar bonds this week

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