A look at the deepening engagement of EU’s auto chipmakers with China as sales suffer in the West; McKinsey: automotive chips market will be worth $150B by 2030 (Alan Crawford/Bloomberg)

Alan Crawford / Bloomberg:
A look at the deepening engagement of EU’s auto chipmakers with China as sales suffer in the West; McKinsey: automotive chips market will be worth $150B by 2030  —  – Latest earnings show China’s EV growth as a rare bright spot  — Beijing’s push for tech independence threatens foreign sales

A look at Whisper CEO Michael Heyward’s Medialab, which acquired Imgur and Genius and was sued by their founders and others for allegedly failing to honor deals (Iain Martin/Forbes)

Iain Martin / Forbes:
A look at Whisper CEO Michael Heyward’s Medialab, which acquired Imgur and Genius and was sued by their founders and others for allegedly failing to honor deals  —  Whisper cofounder and CEO Michael Heyward’s second company made a $1.1 billion business out of acquiring floundering startups like Imgur, Genius and Kik.

The Google monopoly ruling dealt a blow to one of Big Tech’s arguments against regulation: that 19th-century antitrust laws can’t address modern tech innovation (Washington Post)

Washington Post:
The Google monopoly ruling dealt a blow to one of Big Tech’s arguments against regulation: that 19th-century antitrust laws can’t address modern tech innovation  —  The first big tech-sector anti-monopoly ruling in a generation challenges the idea that the internet era has outgrown U.S. antitrust law.

CloudPay, which offers cloud-based payroll and payments services to businesses, raised $120M led by Blue Owl Capital, taking its total funding to $228M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
CloudPay, which offers cloud-based payroll and payments services to businesses, raised $120M led by Blue Owl Capital, taking its total funding to $228M  —  In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients.

Unity reports Q2 revenue down 16% YoY to $449M, vs. $438M est., a net loss of $125.6M, vs. $192.2M in Q2 2023, and trims its FY 2024 forecast (Emily Bary/MarketWatch)

Emily Bary / MarketWatch:
Unity reports Q2 revenue down 16% YoY to $449M, vs. $438M est., a net loss of $125.6M, vs. $192.2M in Q2 2023, and trims its FY 2024 forecast  —  App-monetization company trims its full-year forecast, with new CEO saying ‘investments in fundamental product enhancements will take some time to manifest …

Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from February 2024 (Wall Street Journal)

Wall Street Journal:
Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from February 2024  —  The $250 million investment would double the company’s valuation from six months ago, a sign of continued enthusiasm for generative AI

OpenAI rolls out the ability for ChatGPT free users to create up to two images per day with DALL-E 3, after launching DALL-E 3 to Plus subscribers in October (Jay Peters/The Verge)

Jay Peters / The Verge:
OpenAI rolls out the ability for ChatGPT free users to create up to two images per day with DALL-E 3, after launching DALL-E 3 to Plus subscribers in October  —  OpenAI is going to let users of ChatGPT’s free tier make up to two images per day with its DALL-E 3 model, the company announced on Thursday.