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The window for AI IPOs is shrinking

We look at how differently public markets and private investors value AI startups, plus Anthropic’s new office in Singapore.

Apple's best defense in the AI race could be winning your home

Apple is set to unveil new smart-home devices at its "Welcome Home" event, expanding its ecosystem as tech rivals challenge its dominance in the AI race.

Alphabet’s Ruth Porat brings a pragmatic optimism to the AI race—and a warning about the possible downsides

The big leadership story: More than half of all U.S. work hours might be automated by 2035

U.S. private equity deal value was down 14.1% in Q3, PitchBook says

U.S. private equity—with more than $3 trillion in assets under management—has been locked in a cycle of geopolitical uncertainty and possible rate hikes.

A ‘Mathpocalypse’ is freaking out cyber and finance experts. Should you be worried?

New findings from OpenAI revealed its agents are math geniuses—leading prominent figures to warn public encryption is in danger.

ElevenLabs turns up the volume in India

UK AI unicorn brought the party to India, betting on local languages and a more playful approach to cement its lead in the voice AI market.

From backend to bedtime

Supabase, Terra Charge, Lumio, and more raised funds this week.

SCI Ecommerce’s troubles run deep

Inside SCI Ecommerce’s financial troubles, from suspected irregularities to a failed restructuring. Plus, Revolut’s Singapore expansion plans.

Whole Foods CEO says grocery will turn Amazon from the ‘everything store’ into the ‘everyday store’

Good morning. How much do consumers value convenience, cool technology, and low cost? It’s not an easy answer. Just ask Jason Buechel, the CEO of Whole Foods and vice president of Amazon Worldwide Grocery Stores.

Traveloka’s profit puzzle

For this issue, we’ve updated our SEA earnings tracker with Traveloka’s latest results. Plus, Moonshot AI is inching closer to a Hong Kong IPO.

Saudi’s economic transformation collides with war and falling FDI

Foreign direct investment into Saudi Arabia fell 18% in the second quarter to SAR 22.3 billion ($5.95 billion), compared with the first quarter, highlighting the growing impact of the U.S.-Iran war on international investor appetite.

Bayer’s CEO cut manager ranks by 70%. Now comes the hard part

Good morning. After you’ve streamlined and transformed and flattened your company, how do you get it to grow again? I recently asked that question to Bayer CEO Bill Anderson, who’s done all of the above at the 163-year-old health science giant.

Asia isn’t sold on ChatGPT ads yet

OpenAI wants to monetize Asia’s free users with ads, but brands are wary of cost. Plus: hot takes on superintelligence and Asia’s consumer-agent gap.

RedDoorz sees gold in domestic travel

We dive into RedDoorz’s profitability push and revisit our analysis of how SEA’s VCs are rethinking their investment tactics as AI reshapes funding.

‘We take the unpopular stance that a bond-market crisis would be a good thing’: Wall Street is losing its patience with government debt

Everything you need to know before you reach the office this morning.

The Supreme Court takes up climate costs. CEOs should worry about the cost of doing nothing

Good morning. The Supreme Court kicked off its new term yesterday with a case that could determine whether state and local governments can hold companies responsible for the costs associated with climate change. The question being debated in Suncor Energy (U.S.A.), Inc. v.

Why developers are giving Jev a shot

A new AI model called Jev has developers buzzing. We cut through the hype to find out what makes it different - and why it matters.

Tales as old as time