Zaheer Kachwala / Reuters:
Grab agrees to acquire US fintech company Stash Financial in a deal initially valued at $425M and forecasts FY 2026 revenue of $4.04B-$4.1B, below $4.13B est.  —  Singapore's Grab (GRAB.O) forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, signaling slower momentum …

CNBC:
Hong Kong-listed Zhipu AI surged 30% after releasing GLM-5, an open-source LLM with enhanced coding capabilities and long-running agent tasks  —  Chinese artificial intelligence stocks rallied Thursday as several companies unveiled upgraded models and top policymakers renewed calls for a broader adoption of the technology.

Reuters:
Zhipu AI says it will raise prices by at least 30% for new GLM coding plan subscribers to accommodate surging demand for its AI coding tools  —  Chinese artificial intelligence startup Zhipu on Thursday said it was raising prices for subscriptions to its GLM coding plan to accommodate …

Bloomberg:
Lenovo reports Q3 revenue up 18% YoY to $22.2B on strong PC sales ahead of expected memory price hikes and rising AI server demand; net income fell 21% to $546M  —  Lenovo Group Ltd. expects the memory crunch to affect the global hardware industry for the rest of the year, Chief Executive Officer Yang Yuanqing said on Thursday.

Melissa Heikkilä / Financial Times:
Mustafa Suleyman says Microsoft is pursuing “true self-sufficiency” in AI by building enterprise- and healthcare-focused models and reducing reliance on OpenAI  —  Big Tech group's AI chief predicts white-collar work could be automated within 18 months