Blockaid: Binance hackers stole ~$2.5B, or 40% of the $6.3B haul, in a single Ethereum transaction using wallet permissions that cost just $15 to set up (Sidhartha Shukla/Bloomberg)

https://www.bloomberg.com/news/articles/2026-11-06/hackers-paid-15-to-drain-2-5-billion-from-binance-in-one-hit
http://www.techmeme.com/261106/p5#a261106p5

NY-based Kalepa, whose AI platform supports insurance underwriting, pricing, and portfolio management, raised a $75M Series B led by Updata at a $470M valuation (Manya Saini/Reuters)

https://www.reuters.com/legal/transactional/ai-powered-insurance-startup-kalepa-valued-470-million-new-funding-round-2026-11-05/
http://www.techmeme.com/261106/p4#a261106p4

Sources: China's top memory maker YMTC plans to source up to 70% of equipment for its fourth chip factory locally, up from just over 50% for its third factory (Reuters)

https://www.reuters.com/world/china/chinas-top-flash-memory-chipmaker-targets-more-homegrown-tools-new-factory-2026-11-06/
http://www.techmeme.com/261106/p3#a261106p3

Asian tech stocks plunge amid fears US Democrats may delay data centers; Taiwan's Taiex sees a record intraday point drop, Kospi falls 8.7%, and Nikkei 6.7% (Jada Nagumo/Nikkei Asia)

https://asia.nikkei.com/business/markets/taiwan-stocks-in-steepest-ever-fall-south-korea-halts-trading-amid-ai-rout
http://www.techmeme.com/261106/p2#a261106p2

Potential Sciences, an AI startup building large-scale chemical data sets, secured backing from the UK's Sovereign AI Fund, as part of an eight-figure raise (Joel Khalili/Wired)

https://www.wired.com/story/finding-new-drugs-is-laborious-this-ai-startup-is-skipping-the-lab-work/
http://www.techmeme.com/261106/p1#a261106p1

Google rolls out Gemini Omni 1.2 Flash, which creates clips up to 15 seconds, vs. 10 seconds with Omni 1.1, has better reference adherence, and costs 30% less (Matthias Bastian/The Decoder)

https://the-decoder.com/googles-gemini-omni-1-2-flash-stretches-ai-video-clips-to-15-seconds-and-cuts-pricing-by-30-percent/
http://www.techmeme.com/261105/p70#a261105p70

Perplexity rolls out Teammates, an always-on AI agent system that integrates with Computer to handle multiple roles and execute large-scale tasks simultaneously (Emma Roth/The Verge)

https://www.theverge.com/ai-artificial-intelligence/1028302/perplexity-teammates-ai-agents-work
http://www.techmeme.com/261105/p69#a261105p69

Sources: UK neobank Monzo is exploring a new fundraising round valuing it at ~£7.5B after failing to be acquired by Nu Holdings and struggling to sell a stake (Financial Times)

https://www.ft.com/content/6553ec40-00a8-4832-8ca5-c528b9da224a
http://www.techmeme.com/261105/p68#a261105p68

Filing: Airbnb discloses that it has the option to invest in and license tech from CEO Brian Chesky's stealth AI lab; source: Chesky has self-funded it so far (The Information)

https://www.theinformation.com/articles/airbnb-reveals-new-details-cheskys-secretive-ai-startup
http://www.techmeme.com/261105/p67#a261105p67

Sources: Thinking Machines Lab is raising $5B led by Accel at a $40B pre-money valuation, more than tripling its valuation from its last public round last year (Business Insider)

https://www.businessinsider.com/thinking-machines-lab-is-closing-5-billion-new-round-2026-11
http://www.techmeme.com/261105/p66#a261105p66

Artificial Analysis says Inkling 2 Small matches Gemini 3.8 Flash (high) in its index and would be the top open model outside China once its weights are out (Artificial Analysis)

https://artificialanalysis.ai/articles/thinking-machines-releases-inkling-2-small-highest-scoring-open-weights-model-outside-of-chinia-upon-weights-release-it
http://www.techmeme.com/261105/p65#a261105p65

Lyft reports Q3 revenue up 8% YoY to $1.82B, vs. $1.92B est., and a net loss of $0.03 a share, vs. an est. profit of $0.20 a share; LYFT drops 8%+ after hours (Kelly Cloonan/Wall Street Journal)

https://www.wsj.com/business/earnings/lyfts-bookings-rise-on-strength-in-partnerships-new-products-d8953f77
http://www.techmeme.com/261105/p64#a261105p64

Meta indefinitely pauses its new commercial terms, which critics say would let it scrape sites of business users, after publisher outcry and court injunctions (Nieman Lab)

https://www.niemanlab.org/2026/11/meta-pulls-down-controversial-terms-of-service/
http://www.techmeme.com/261105/p63#a261105p63

Sources: cloud security startup Cyera is planning to raise around $800M in a round led by Cyberstarts at a $20B valuation, up from $12B in June (Aaron Holmes/The Information)

https://www.theinformation.com/articles/cyeras-800-million-haul-shows-cyber-fever-broken
http://www.techmeme.com/261105/p62#a261105p62

Thinking Machines Lab debuts Inkling 2 Small, a MoE model with 594B total and 17B active parameters, and plans to release weights next week after safety testing (Thinking Machines Lab)

https://thinkingmachines.ai/news/inkling-2-small/
http://www.techmeme.com/261105/p61#a261105p61

Sources: major investors are increasingly skeptical Anthropic's IPO can achieve a $1.5T valuation after a market selloff; one says it could be closer to $1T (Wall Street Journal)

https://www.wsj.com/finance/major-investors-are-skeptical-anthropic-ipo-can-achieve-1-5-trillion-valuation-ca965d8b?st=kUhvLS
http://www.techmeme.com/261105/p60#a261105p60

Sources: Unity has held talks to be acquired by a consortium including Silver Lake, which owns 8% of Unity, and Saudi Arabia's PIF, discussing a ~$25B valuation (Reuters)

https://www.reuters.com/world/silver-lake-pif-have-held-recent-talks-buy-gaming-software-provider-unity-2026-11-05/
http://www.techmeme.com/261105/p59#a261105p59

Sources: NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose (New York Times)

https://www.nytimes.com/2026/11/05/business/letterboxd-new-york-times-company.html?unlocked_article_code=1.OFE.VI2A.KUZeZMAjpE-e&smid=url-share
http://www.techmeme.com/261105/p58#a261105p58

Cloudflare reports Q3 revenue up 39% YoY to $782.5M, above $737.2M est., a $34.1M net loss, and lifts its FY 2026 guidance; NET jumps 14%+ after hours (Elias Schisgall/Wall Street Journal)

https://www.wsj.com/business/earnings/cloudflare-stock-surges-on-lifted-full-year-outlook-third-quarter-revenue-growth-984186bf
http://www.techmeme.com/261105/p57#a261105p57

Airbnb reports Q3 revenue up 19% YoY to $4.9B, above est., Nights and Seats Booked up 16% to 155M, rises its FY 2026 revenue outlook; ABNB jumps 9%+ after hours (Bloomberg)

https://www.bloomberg.com/news/articles/2026-11-05/airbnb-posts-19-revenue-jump-as-chesky-hails-growth-mode
http://www.techmeme.com/261105/p56#a261105p56