Uber earnings, 23andMe goes 2FA by default, Enable raises $120M Series D

Uber Q3 earnings: revenue: $9.3B (+11% y/y), gross bookings: $35.3B (+21% y/y), trips: 2.4B (+25% y/y), net income: $221M, FCF: $905M; shares are up slightly on the news - Link

23andMe, Ancestry, and MyHeritage have notified customers that all accounts will be 2FA by default after millions of 23andMe records were stolen - Link

Enable, a rebate management startup, raised a $120M Series D at a $1B valuation led by Lightspeed - Link

At Intel Innovation Day in Taipei, CEO Pat Gelsinger said the company’s 18A chip will begin test production in Q1 2024, as it aims to reclaim part of the chip market by 2025 - Link

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Sunny joins Jason to discuss OpenAI’s DevDay announcements (1:33). Then, Sunny demos an AI-driven chatbot creator (32:49), an AI email-first Chief of Staff (39:12), and much more! - Link

Volante, a low-code cloud payments platform, raised $66M in equity and debt led by Sixth Street Growth; the company’s service is used by 150 major banks and other organizations - Link

Black Ore, an ATX-based startup building AI tools for financial services companies, announced $60M raised in a combined Seed and Series A, co-led by a16z and Oak HC/FT - Link

Bloomberg sources: Shein is aiming for a valuation between $80B-$90B in its US IPO; recently, the company has been valued between ~$50B-$60B in private trades - Link

Reuters sources: Baidu ordered ~$62M worth of AI chips from Huawei this year, in a shift away from Nvidia likely caused by US chip export restrictions - Link

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