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Techmeme

Alembic, which offers AI-powered data analytics for marketers, raised a $145M Series B led by Prysm and Accenture at a $645M valuation, up from $49M in 2024 (Patrick Coffee/Wall Street Journal)

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Sources: Mira Murati's Thinking Machines Lab is in early talks to raise a new round of funding at a roughly $50B valuation, potentially rising to $55B-$60B (Bloomberg)

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Baidu unveils Ernie 5.0, an AI model to process and generate text, images, audio, and video, claiming it beats GPT-5-High and Gemini 2.5 Pro on some benchmarks (Carl Franzen/VentureBeat)

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Anthropic open sources a method to score AI model political evenhandedness; Gemini 2.5 Pro got 97%, Grok 4 96%, Claude Opus 4.1 95%, GPT-5 89%, and Llama 4 66% (Ina Fried/Axios)

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Cursor says it has crossed $1B in annualized revenue, has 300+ employees, and its in-house models "generate more code than almost any other LLMs in the world" (Ashley Capoot/CNBC)

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Apple and Major League Soccer agree to make all MLS games available on Apple TV for no extra charge from 2026, ending the MLS Season Pass subscription (Paul Tenorio/The Athletic)

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Netflix shifts its video game strategy to focus on popular titles like Pictionary, Boggle, and Tetris, playable in its app on TVs using phones as controllers (Nicole Sperling/New York Times)

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Red Queen Bio, spun out of mRNA therapeutics company Helix Nano to focus on blocking creating biological weapons powered by AI, raised a $15M seed led by OpenAI (Deepa Seetharaman/Reuters)

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The UK CAT refuses to let Apple appeal a ruling that it abused its dominance by charging "excessive and unfair" App Store fees; lawyers: the damages are £1B+ (Sam Tobin/Reuters)

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Apple unveils Mini Apps Partner Program, offering a reduced 15% commission on IAPs for mini apps, or "self-contained" experiences built with web tech like HTML5 (Sarah Perez/TechCrunch)

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Ubisoft delays publishing its H1 financial results on the day they were due and requests that its shares be halted from trading until then; UBI is down 47%+ YTD (Bloomberg)

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Google says all NotebookLM users will get access to Deep Research in the service within a week; users get to choose between two research styles: fast or deep (Elissa Welle/The Verge)

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Amazon renames Project Kuiper to Amazon Leo, a nod to "low Earth orbit"; Amazon has so far launched 150+ satellites as part a constellation set to have 3,200+ (Kurt Schlosser/GeekWire)

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Meta overhauls Facebook Marketplace, adding collections, collaborative buying, reactions, comments, an improved checkout experience, and Meta AI integrations (Aisha Malik/TechCrunch)

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Anthropic says China's state-sponsored hackers used its tools to automate 80% to 90% of a September hacking campaign that targeted corporations and governments (Wall Street Journal)

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Exowatt, which aims to use concentrated solar power to generate 1¢ per kWh electricity for data centers, raised a $120M Series A from a16z, Sam Altman, and more (Tim De Chant/TechCrunch)

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TikTok launches Bulletin board, which lets brands and creators share public, one-to-many messages to their followers, similar to Instagram's broadcast channels (Aisha Malik/TechCrunch)

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San Diego-based Fabric8Labs, which uses electrochemical additive manufacturing to create chip-cooling plates for data centers, raised $50M led by NEA and Intel (Colin Campbell/Axios)

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Sources: Verizon plans to cut ~15,000 jobs, its largest workforce reduction yet, and transition ~200 stores into franchised operations, seeking to reduce costs (Wall Street Journal)

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LinkedIn rolls out AI-powered people search to LinkedIn Premium subscribers in the US, with plans to expand it to other countries in the coming months (Ivan Mehta/TechCrunch)

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Google DeepMind unveils SIMA 2, a video-game-playing agent built on top of Gemini to navigate and solve problems inside 3D virtual worlds like Goat Simulator 3 (Will Douglas Heaven/MIT Technology Review)

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Sources: xAI raised $15B, adding $5B to the $10B it reportedly raised in September at a $200B valuation; Elon Musk replies "false" to an X post about the report (Samantha Subin/CNBC)

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Salesforce buys Doti AI for $100M; the Israeli startup raised $7M and its Work AI tool lets enterprises securely access and use internal knowledge in real time (Meir Orbach/CTech)

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OnePlus debuts the $900+ OnePlus 15, with a Snapdragon 8 Elite Gen 5, a 7,300mah battery, and a 6.78" 165Hz screen; the US government shutdown delays a US debut (Chris Welch/Bloomberg)

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Grayscale files for an IPO, reporting $203.3M in net income on $318.7M in revenue for January to September 2025; the DCG unit has ~$35B in AUM and 40+ products (Isabelle Lee/Bloomberg)

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Google launches AI-powered shopping features in the US, including conversational search, side-by-side item comparisons, price tracking, and an agentic checkout (Mia Sato/The Verge)

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Dresden-based chip startup Ferroelectric Memory raised €100M, including €77M equity led by HV Capital and DTCF, to commercialize energy-saving memory chips (Christina Kyriasoglou/Bloomberg)

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Spotify starts rolling out Recaps, a new AI feature for audiobooks that summarizes what users have listened to so far, in beta on iOS (Elissa Welle/The Verge)

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Source: French authorities fully lifted the travel ban on Telegram CEO Pavel Durov and removed a requirement for regular police check-ins as of November 10 (Gaspard Sebag/Bloomberg)

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Europol, Eurojust, and others dismantle 1,025 servers used by the Rhadamanthys infostealer, VenomRAT, and Elysium botnet, in the latest Operation Endgame phase (Sergiu Gatlan/BleepingComputer)

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A look at Indian messaging app Arattai, which officials are backing as a domestic WhatsApp alternative; Arattai maker Zoho says it had 350K sign-ups in October (Financial Times)

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AIDOL, one of the first anthropomorphic robots in Russia, face-planted at a demo in Moscow; organizers dragged the robot away and covered it with a black drape (Neil Vigdor/New York Times)

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UK-based BNPL startup Zilch raised $176.7M in equity and debt led by KKCG at the same $2B valuation as its 2022 funding, after raising $127M in 2024 (Aisha S Gani/Bloomberg)

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AI coding startup Cursor raised a $2.3B Series D co-led by Accel and Coatue at a $29.3B valuation, after raising a $900M Series C at a $9.9B valuation in June (Angel Au-Yeung/Wall Street Journal)

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Leaker Evan Blass details Samsung's upcoming trifold phone: named "Galaxy Z TriFold", it has a 6.5" cover display, a 10" total display, and a 200MP main camera (Thomas Ricker/The Verge)

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SMIC reports Q3 revenue up 9.7% YoY to $2.38B, above $2.35B est., and net profit up 29% YoY to $191.8M, above $161.2M est., as analog chip demand rises (Sherry Qin/Wall Street Journal)

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European carmaker officials warn the industry faces "devastating" chip shortages after the Netherlands' Nexperia takeover and is scrambling to find alternatives (Financial Times)

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A Chinese-born businessman who the US and China say ran one of SE Asia's largest scam compounds was extradited to China, three years after his Thailand arrest (Francesca Regalado/New York Times)

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Sources: Tencent and Apple agree to a deal to let Apple handle payments and take a 15% cut of purchases in WeChat mini games and apps, after a year of talks (Pei Li/Bloomberg)

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Philadelphia-based grocery delivery company Gopuff raised $250M led by Eldridge Industries and Valor Equity at an $8.5B valuation, down from $15B in 2021 (Ivan Levingston/Financial Times)

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The EU opens a DMA investigation into Google over allegedly demoting news outlets with promotional content; Google says this is part of its anti-spam efforts (Samuel Stolton/Bloomberg)

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JD.com reports Q3 revenue up 15% YoY to $42.1B, above ~$41.4B est., and net income down 55% YoY to ~$745M, as it competes in meal delivery and fast-commerce (Bloomberg)

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Valve says the company is "no longer manufacturing" its high-end, PC-tethered VR headset Valve Index, released in 2019 for $999, after unveiling the Steam Frame (Jay Peters/The Verge)

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Tencent reports Q3 revenue up 15% YoY to ~$27B, above ~$26.6B est., net profit up 19% YoY to ~$8.9B, above ~$8B est., and domestic game revenue up 15% YoY (Sherry Qin/Wall Street Journal)

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A look at Cybathlon, an event by ETH Zurich where researchers team up with people with disabilities in a competition to test brain-computer interfaces (Oliver Whang/New York Times)

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Sources: Alibaba is renaming its AI app Tongyi to "Qwen", aiming to make it more like ChatGPT, and adding agentic-AI shopping features for platforms like Taobao (Luz Ding/Bloomberg)

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Baidu unveils two AI chips: the M100 for efficient MoE inference, launching in 2026, and the M300 for training super-large multimodal models, coming in 2027 (Ben Jiang/South China Morning Post)

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Attentive.ai, maker of Beam AI for automating preconstruction workflows using AI, raised $30.5M Series B led by Insight Partners, bringing total raised to $48M (Amit Chowdhry/Pulse 2.0)

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Polymarket starts live testing its US exchange, first with select users, and says the exchange is fully functional with some users betting on real contracts (Denitsa Tsekova/Bloomberg)

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A deep dive into Microsoft's AI strategy, including OpenAI, data center investments, neocloud renting, GitHub Copilot, MAI models, and the Maia chip (SemiAnalysis)

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