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Techmeme

Researchers used AI to design functional antibodies from scratch, suggesting that AI tools could speed up antibody discovery without the need for animal testing (Financial Times)

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Source: Google is in early talks to deepen its strategic investment in Anthropic that could value the AI company at more than $350B (Ben Bergman/Business Insider)

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Sources: Charles Schwab is expected to announce a deal to acquire Forge Global, a leading platform for trading stakes in private startups, for as much as $600M (Sujeet Indap/Financial Times)

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Inside Kalshi's NYC HQ on election night, as it handled ~$100M in mayoral race trades that day, calling it for Zohran Mamdani 36 minutes before any media outlet (Alex Heath/Sources)

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A profile of OpenAI President Greg Brockman and his role in the company's $1.4T infrastructure buildout that OpenAI thinks is required to reach AGI (Sharon Goldman/Fortune)

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Sandbar unveils the $249+ Stream Ring, an AI-powered smart ring for transcribing audio notes into text via an app, available to preorder, shipping summer 2026 (Julian Chokkattu/Wired)

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Sources and docs: after Marc Andreessen donated $5M+ to Trump's 2024 campaign, most CFPB probes have stalled, including three into Andreessen-backed companies (Jake Pearson/ProPublica)

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Sens. Mark Warner and Josh Hawley introduce a bipartisan bill that would require companies and US agencies to submit quarterly reports on AI-related job impacts (Annie Palmer/CNBC)

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OpenAI CFO Sarah Friar says an "IPO is not on the cards right now", and that OpenAI hopes the US government might backstop the financing of data center deals (Berber Jin/Wall Street Journal)

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Google says Gemini Deep Research can now directly draw on information stored in users' Gmail, Drive, and Chat to create reports (Abner Li/9to5Google)

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AppLovin reports Q3 revenue up 68% YoY to $1.41B, vs. $1.34B est., and forecasts Q4 revenue and adjusted EBITDA above estimates; APP jumps 6%+ after hours (Luke Kawa/Sherwood News)

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Figma reports Q3 revenue up 38% YoY to $274.2M, vs. $265.2M est., adjusted operating margin of 12%, vs. 6.5% est., and forecasts Q4 revenue above estimates (Jordan Novet/CNBC)

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Robinhood reports Q3 revenue up 100% YoY to $1.27B, vs. $1.19B est., transaction-based revenue up 129% to $730M, vs. $739M est., and net income up 271% to $556M (MacKenzie Sigalos/CNBC)

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Quantinuum unveils Helios, a quantum computer with 98 physical qubits, from which it can deliver 48 logical error-corrected qubits, an impressive 2:1 ratio (Isabelle Bousquette/Wall Street Journal)

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Bumble reports Q3 revenue down 10% YoY to $246.2M, total paying users down 16% to 3.6M, and forecasts Q4 revenue below estimates; BMBL falls 15%+ after hours (Reuters)

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DoorDash reports Q3 revenue up 27% YoY to $3.45B, vs. $3.36B est., and total orders up 21% to 776M, vs. 770.13M est.; DASH drops 18%+ after hours (Chris Eudaily/CNBC)

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Lyft reports Q3 revenue of $1.69B, up 10.7% YoY, vs. 11.5% est., adjusted EBITDA of $138.9M, vs. $140M est., and forecasts Q4 gross bookings above estimates (Akash Sriram/Reuters)

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Qualcomm reports Q4 revenue up 10% to $11.27B, vs. $10.79B est., handsets revenue up 14% to $6.96B, and forecasts Q1 revenue above estimates (Ari Levy/CNBC)

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Snap announces a deal to distribute Perplexity's search engine to Snapchat users; Perplexity will pay Snap $400M through a combination of cash and equity (Bloomberg)

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Snap reports Q3 revenue up 10% YoY to $1.51B vs. $1.49B est., DAUs up 8% to 477M vs. 476M est., and announces a $500M share buyback; SNAP jumps 23%+ after hours (Jonathan Vanian/CNBC)

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Arm reports Q2 revenue up 34% YoY to $1.14B, royalty revenue up 21% YoY to $620M, vs. $586M est., and forecasts Q3 revenue above est.; ARM jumps 4%+ after hours (Ian King/Bloomberg)

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