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Top stories today:
- Googleโs Gemini 3.0 said to launch in Dec.
- Tempo said to raise $500M at $5B valuation
- OpenAI researchers delete posts claiming GPT-5 solved math problems
- Suno said to be in talks to raise $100M+ at $2B+ valuation for AI music
- Revolut, backers said to near end of $3B raise at $75B valuation
- Elonโs X to launch handle marketplace to claim inactive usernames
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayโs newsletter (beware of hallucinations):
1. Googleโs Gemini 3.0 said to launch in Dec. without significant improvements vs. peers
Coding and multimodal features may improve.
Geminiโs free tier could expand with more capabilities.
A small Google team is reportedly working on Apple OS integration.
Elon Musk is building the Tesla Smart Home.
Apple is doubling down with new Face-ID locks and smart displays.
The worldโs biggest tech giants are battling for dominance in the $158B smart home market, growing 23% each year.
Big Tech is pouring billionsโ the race is officially on.
Just like how Google acquired Nest for $3.2 Billion and Amazon snapped up Ring for $1.2 Billion, investors are hunting for the next smart home breakout.
As Tesla and Apple race ahead, one startup is riding the waveโleading a massive, overlooked category - smart shades. And RYSE is dominating it.
RYSE checks every box:
10 granted patents
Over $12M in revenue
200% annual growth
RYSE is not just another smart gadgetโitโs a prime acquisition target in a category with billion-dollar potential.
At just $2.25/share, investors can still get in earlyโbefore their next wave of growth.
The next Nest or Ring could be this.
Invest in RYSE now
*Sponsored by RYSE Inc. ($5,000 contracted). Prospective investors should review the offering materials for details, including all risk factors, before making an investment decision. Any investment involves significant risks, including the potential loss of the total investment. This advertisement is not an offer to sell or a solicitation of an offer to buy securities. This Reg A+ offering is made available through DealMaker. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. Please read the offering circular before investing in RYSE.
3. Tempo, Stripe-backed blockchain startup, said to raise $500M at $5B valuation
Greenoaks and Thrive Capital led the Series A round.
Sequoia, Ribbit Capital, and SV Angel also participated.
Paradigm and Stripe did not participate.
