Sources: WeRide is set to raise ~$308M in its Hong Kong listing, planning to price shares at ~$3.48, representing a ~4% discount to its Monday Nasdaq close (Bloomberg)

TechmemeTuesday, November 4, 2025 at 1:25:56 AM
Sources: WeRide is set to raise ~$308M in its Hong Kong listing, planning to price shares at ~$3.48, representing a ~4% discount to its Monday Nasdaq close (Bloomberg)
WeRide is gearing up for a significant $308 million raise through its upcoming Hong Kong listing, with shares priced at approximately $3.48, reflecting a slight discount from its Nasdaq close. This move is crucial as it highlights WeRide's growth potential and strategic expansion into international markets, which could attract more investors and enhance its visibility in the autonomous vehicle sector.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides (Olivia Poh/Bloomberg)
PositiveArtificial Intelligence
Grab has reported a 22% year-over-year increase in revenue for Q3, reaching $873 million, surpassing estimates of $869 million. The company's adjusted EBITDA also rose to $136 million, driven by innovative offerings like group food orders and more affordable shared rides. This growth is significant as it reflects Grab's ability to adapt to consumer demands and enhance its service portfolio, positioning the company for continued success in a competitive market.
Crypto.com strikes a deal with Hollywood.com to let users make predictions related to movies, actors, shows, and awards (Rob Golum/Bloomberg)
PositiveArtificial Intelligence
Crypto.com has partnered with Hollywood.com to allow users to make predictions on movies, actors, shows, and awards. This innovative collaboration not only enhances user engagement by merging cryptocurrency with entertainment but also opens up new avenues for fans to interact with their favorite films and stars. As the entertainment industry continues to evolve, this partnership could set a precedent for how technology and media intersect, making it a significant development in both sectors.
Microsoft to Buy AI Computing Power From IREN for $9.7 Billion
PositiveArtificial Intelligence
Microsoft has made a significant move by signing a $9.7 billion deal to purchase AI computing power from IREN Ltd., marking a pivotal moment as it becomes the largest customer of the Australian company. This partnership not only strengthens Microsoft's position in the AI landscape but also highlights the growing demand for advanced computing capabilities in the tech industry.
Amazon and OpenAI Sign $38 Billion Compute Power Deal
PositiveArtificial Intelligence
Amazon Web Services has made a significant move by signing a $38 billion deal to provide OpenAI with essential computing power, including access to a vast number of Nvidia graphics processing units. This partnership is crucial as it enables OpenAI to enhance its AI capabilities, potentially leading to groundbreaking advancements in technology. The collaboration highlights the growing importance of cloud computing in the AI sector and positions both companies at the forefront of innovation.
MDB Stock Update: Major Leadership Change Fuels Surge in Share Price
PositiveArtificial Intelligence
MongoDB, Inc. has seen a significant rise in its stock price recently, driven by strong quarterly results and positive guidance. The excitement among investors has been further fueled by a major leadership change within the company, signaling a fresh direction and renewed confidence in its future. This surge is important as it reflects the market's optimism and could lead to increased investment and growth opportunities for MongoDB.
Chip Startup Substrate Draws Skepticism in Quest to Take On TSMC
NegativeArtificial Intelligence
The chip startup Substrate is facing skepticism following its announcement to produce new chipmaking equipment and chips that aim to disrupt the industry dominated by TSMC. This skepticism highlights the challenges new entrants face in a highly competitive market, where established players have significant advantages. Understanding the dynamics of this situation is crucial as it could impact innovation and competition in the tech sector.
Hong Kong-based crypto investor Animoca Brands plans to list on the Nasdaq via a reverse merger with Currenc Group, set to close in 2026 (Olga Kharif/Bloomberg)
PositiveArtificial Intelligence
Animoca Brands, a Hong Kong-based crypto investor, is making waves by planning to list on the Nasdaq through a reverse merger with Currenc Group, expected to finalize in 2026. This move is significant as it highlights the growing acceptance and integration of cryptocurrency companies into mainstream financial markets, potentially paving the way for more crypto-related investments and innovations.
Animoca Brands Plans Nasdaq Listing Through Reverse Merger
PositiveArtificial Intelligence
Animoca Brands, a prominent player in the crypto and blockchain space based in Hong Kong, is set to make waves by planning a public listing on the Nasdaq through a reverse merger with Currenc Group Inc. This move is significant as it highlights the growing acceptance and integration of cryptocurrency companies into mainstream financial markets, potentially paving the way for more innovation and investment in the sector.
Latest from Artificial Intelligence
Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides (Olivia Poh/Bloomberg)
PositiveArtificial Intelligence
Grab has reported a 22% year-over-year increase in revenue for Q3, reaching $873 million, surpassing estimates of $869 million. The company's adjusted EBITDA also rose to $136 million, driven by innovative offerings like group food orders and more affordable shared rides. This growth is significant as it reflects Grab's ability to adapt to consumer demands and enhance its service portfolio, positioning the company for continued success in a competitive market.
7 Times Humanoids Made 2025 Feel Like the Future
PositiveArtificial Intelligence
In 2025, humanoids have made significant strides, showcasing advancements that make the future feel closer than ever. From enhanced AI capabilities to more lifelike interactions, these robots are not just tools but companions that can assist in daily life. This matters because it highlights the rapid evolution of technology and its potential to transform our society, making tasks easier and enriching human experiences.
What will the OpenAI AWS cloud computing deal change?
PositiveArtificial Intelligence
The recent deal between OpenAI and AWS marks a significant advancement in AI infrastructure, highlighting the growing demand for cloud services and AI workloads. This multiyear agreement, valued in the billions, is set to enhance the scalability and reliability of top AI systems. It’s a pivotal moment for developers and enterprises as it reshapes cloud competition and capacity planning, ensuring that the technology can keep pace with rapid advancements in AI.
IT Project Management 360: Methods, Metrics, and Future Trends
PositiveArtificial Intelligence
IT project management is crucial for the success of technology initiatives, ensuring that projects meet deadlines, stay within budget, and achieve their goals. This article delves into effective methods and metrics that drive successful IT projects, offering practical tips and real-world examples. Understanding these elements is essential for anyone involved in tech projects, as they can significantly impact the outcome and efficiency of project execution.
Angular Authentication with Cookies in 10 minutes
PositiveArtificial Intelligence
In this article, the author shares a quick and easy guide to implementing Cookie Authentication in Angular, highlighting its simplicity and effectiveness in keeping front-end applications clean while offloading server responsibilities. This is important for developers looking to streamline their authentication processes and improve user experience.
如何绕过验证码:我的亲身体验
NegativeArtificial Intelligence
The article discusses the author's personal experience with bypassing captchas, raising concerns about online security and the implications of such actions. It highlights the ease with which these security measures can be circumvented, prompting a conversation about the effectiveness of captchas in protecting websites from bots and malicious activities. This matters because it sheds light on vulnerabilities in online security systems that could be exploited, affecting both users and service providers.