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Sun Nov 2
Deezer-Ipsos survey of 9,000 music listeners in eight countries: 97% can't distinguish AI-generated music, 73% support clear labelling of AI tracks, and more (Jaspreet Singh/Reuters)
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Boston-based Teradar, which aims to launch a solid-state sensor for autonomous cars in 2028 that it says can outperform lidar and radar, raised a $150M Series B (Sean O'Kane/TechCrunch)
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An analysis of 47K publicly shared ChatGPT chats: ~10% were related to emotional support, ChatGPT's responses started with "yes" 10x more than "no", and more (Washington Post)
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Maryland-based autonomous military vehicle software startup Forterra raised $238M, including $50M in debt, led by Moore Strategic Ventures at a $1B+ valuation (Lizette Chapman/Bloomberg)
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Stockholm-based driverless truck startup Einride says it will go public in H1 2026 via a SPAC, valuing the company at $1.8B, and reports ~$43.3M in 2024 revenue (Paul Berger/Wall Street Journal)
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Michael Burry's warning that hyperscalers are underestimating AI chip depreciation shows that tech investors may have forgotten how much depreciation can hurt (Chris Bryant/Bloomberg)
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IBM unveils two quantum computers, Loon and Nighthawk, that it says feature unprecedented qubit connectivity designs aiming to enable error-free computations (Karmela Padavic-Callaghan/New Scientist)
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Amazon says it is rolling out a tougher approach to combat illegal sports streaming on Fire TV Stick devices, aiming to block apps that stream pirated content (Adam Leventhal/The Athletic)
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D-Matrix, which develops AI inference chips, raised $275M co-led by Bullhound, Triatomic, and Temasek at a $2B valuation, taking its total funding to $450M (Dina Bass/Bloomberg)
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Google files a lawsuit in the SDNY against China-based hackers who it says run the Lighthouse platform for "phishing services", ensnaring 1M and stealing $1B+ (Financial Times)
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JD.com says it had record sales during China's Singles' Day event, without giving transaction values, despite Chinese deflation; Alibaba hasn't released data (Jacob Gu/Bloomberg)
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German chipmaker Infineon reports Q4 revenue up 1% YoY to €3.94B, vs. €3.91B est., a €231M net profit, and expects 2026 sales growth as AI demand keeps booming (Mauro Orru/Wall Street Journal)
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Sources: software-focused PE firm Vista plans significant workforce cuts in the coming years as it uses AI to compile presentations, aggregate data, and more (Financial Times)
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Kraken co-CEO Arjun Sethi criticizes UK crypto promotion rules requiring clear risk warnings, saying they hinder retail investors by slowing fund movement (Nikou Asgari/Financial Times)
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Foxconn reports Q3 revenue of $66.3B, in line with est., net profit up 17% YoY to $1.86B, above $1.63B est., and expects Q4 results to "remain favorable" (CNBC)
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The UK proposes an amendment to the Crime and Policing Bill that would let "authorized testers" proactively assess AI models for their ability to generate CSAM (BBC)
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Menulog, acquired by Just Eat in 2015, plans to shut down in Australia on November 26, leaving Uber Eats and DoorDash as the country's main food delivery apps (Tegan Jones/SmartCompany)
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South Korea's KT launches a sovereign cloud for Korean enterprises built on Azure, with encrypted in-memory computing and strict local data governance (Jie Ye-eun/The Korea Herald)
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Sources: the Chinese government is intervening in how SMIC allocates its chip output, prioritizing Huawei amid US export restrictions on advanced chips (Wall Street Journal)
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Australia's spy chief Mike Burgess says Chinese state hackers probed telecom networks and critical infrastructure; Australia lost $8B+ in 2024 to espionage (Kirsty Needham/Reuters)
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The UK proposes laws to protect public services from cyberattacks, including regulating companies providing services to private and public sector organizations (Catarina Demony/Reuters)
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Sony unveils a cheaper, Japan-only PlayStation 5 Digital Edition for ~$350, a ~25% discount, following a similar move by Nintendo with the Switch 2 (Financial Times)
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Google unveils new features for Pixel phones, including AI-powered notification summaries, notification prioritization, and AI photo edits in Messages (Ivan Mehta/TechCrunch)
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SoFi launches SoFi Crypto, saying it is the first nationally chartered bank in the US to offer crypto trading to consumers, rolling out in phases (James Hunt/The Block)
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China says the December 2020 theft of 127,272 bitcoin, now worth ~$13B, from Chinese mining pool LuBian is likely a "state-level hacker operation" led by the US (Bloomberg)
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CoreWeave closed down 16% after CEO Mike Intrator admitted delays at a data center developer that Jim Cramer implied may be Core Scientific; CORZ fell 10%+ (Ashley Capoot/CNBC)
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Threads adds new features for podcasters, as it tries to become the de facto place for people to talk about shows and engage with creators (Sarah Perez/TechCrunch)
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Coinbase confirms that it has called off acquisition talks with stablecoin infra startup BVNK; reports previously put the acquisition price around $2B (Ben Weiss/Fortune)
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Google unveils Private AI Compute, a cloud platform providing a "secure, fortified space" to run AI tools on devices, similar to Apple's Private Cloud Compute (Robert Hart/The Verge)
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AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years (Ian King/Bloomberg)
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ElevenLabs launches Iconic Voice Marketplace for licensing AI versions of famous voices, including Michael Caine's; Matthew McConaughey invests in the company (Todd Spangler/Variety)
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Sony says PlayStation 5 has sold a total of 84.2M units since launch, including 3.9M units sold in Q2, up from 3.8M a year ago (Steve Dent/Engadget)
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Google rolls out Nano Banana image editing upgrades in Photos, including a "help me edit" feature that lets users make edits using text or voice prompts (Elyse Betters Picaro/ZDNET)
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Amazon says ads on Prime Video reach 315M viewers across its series and films, live sports and events, and free, ad-supported live channels (Dade Hayes/Deadline)
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A UK judge sentences a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a $5.6B investment scheme in which UK seized 61K BTC (Upmanyu Trivedi/Bloomberg)
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Lighter, which operates an Ethereum Layer 2 network and a decentralized exchange to support perpetual futures contracts, raised $68M at a ~$1.5B valuation (Ben Weiss/Fortune)
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Brave CBO Brian Brown says the company passed $100M in annualized revenue in Q1 and its browser had 100M MAUs as of September, up from 77M at the end of 2024 (Stephanie Palazzolo/The Information)
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Lighter raises $68 million at a $1.5 billion valuation as VC bets flood back into perp DEX infrastructure: report (Naga Avan-Nomayo/The Block)
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Amsterdam-based Wonderful, which helps companies manage client-facing AI agents across voice, chat, and email in any language, raised $100M at a $700M valuation (Steven Scheer/Reuters)
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A Danish court sentences a man for sharing 347+ copyrighted nude scenes on Reddit featuring 100+ actresses and 25TB+ of pirated content via a torrent tracker (Ernesto Van der Sar/TorrentFreak)
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Source: Blue Owl's Digital Infrastructure funds invested ~$3B in a New Mexico-based Stargate data center, set to consume 4.5GW, as Blue Owl ramps up its AI bet (Miles Kruppa/The Information)
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Microsoft AI CEO Mustafa Suleyman says his new superintelligence team will build "frontier-grade research capability" and Microsoft needs AI self-sufficiency (Ashley Stewart/Business Insider)
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Samsung rolls out its Vision AI Companion, a generative AI-powered upgrade to its Bixby assistant, across its 2025 TV lineup, with support for 10 languages (Dominic Preston/The Verge)
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Sea reports Q3 revenue up 38% YoY to $6B, above $5.65B est., a $375M net income, below $433M est., and Shopee revenue up 35% YoY to $4.3B and GMV up 28% YoY (Olivia Poh/Bloomberg)
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Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100.4M net loss in Q3, up from $39.7M in Q3 2024; NBIS is up 250%+ YTD (Deborah Sophia/Reuters)
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Oura CEO Tom Hale says the Finnish smart ring startup expects "maybe close" to $2B in sales in 2026, is on track for $1B in 2025, and has "no news on an IPO" (Tasmin Lockwood/CNBC)
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Sources: the EU plans to designate WhatsApp's Channels as a Very Large Online Platform under the DSA, meaning it must meet moderation and transparency standards (Gian Volpicelli/Bloomberg)
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Microsoft says it will spend $10B to build a data center park in Sines, Portugal, in partnership with Portuguese developer Start Campus and UK startup Nscale (Henrique Almeida/Bloomberg)
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An investor group and AI developer Voltai plan to use AI to design, build, and run a 3GW data center in South Korea, set to cost up to $35B and open in 2028 (Jiyoung Sohn/Wall Street Journal)
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Sources: Meta Chief AI Scientist Yann LeCun plans to leave Meta in the coming months to found his own startup; a source says he is in early talks to raise funds (Financial Times)
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