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AppGrowing: in Q3, Moonshot, Zhipu, ByteDance, Alibaba, and other Chinese AI companies spent ~$70.2M to promote their AI chatbots, as the market gets crowded (Ben Jiang/South China Morning Post)
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its fiscal Switch sales forecast to 12.5M vs. 13.5M previous (Arjun Kharpal/CNBC)
Perplexity CEO Aravind Srinivas says his offer to help NYT was “to provide technical infra support” and “not to replace journalists or engineers” amid push back (Devin Coldewey/TechCrunch)

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