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Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides (Olivia Poh/Bloomberg)

Techmeme

Sources: China offers to cut data center power bills by up to 50% to Alibaba and others, if they use local chips like Huawei's over foreign ones like Nvidia's (Financial Times)

Techmeme

Sources: WeRide is set to raise ~$308M in its Hong Kong listing, planning to price shares at ~$3.48, representing a ~4% discount to its Monday Nasdaq close (Bloomberg)

Techmeme

Coca-Cola releases upgraded AI-generated ads for 2025 holidays, after finding people didn't know or care about the use of AI, despite criticism for its 2024 ads (Katie Deighton/Wall Street Journal)

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Augmented Intelligence, which is building neuro-symbolic AI models, raised $20M in a bridge SAFE round at a $750M valuation, bringing its total funding to ~$60M (Carl Franzen/VentureBeat)

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[Sponsor] Mux: Video API for Developers

Daring Fireball

DeFi protocol Balancer says its V2 Composable Stable Pools suffered an exploit, which security experts estimate resulted in total losses worth about $128M (Ryan S. Gladwin/Decrypt)

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EA will 'maintain creative control' under new owners

Polygon - All

Anthropic announces a deal with Cognizant, under which Cognizant will deploy Claude to its 350,000 employees and co-sell Claude models to its business customers (Belle Lin/Wall Street Journal)

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The Simpsons house location in Fortnite

Polygon - All