The Brutalist Report

Fortune

• Canva was the rare startup that grew fast and made money—then AI costs slashed its growth forecast by a third [30d]
• Nearly a dozen firms are already paying up to $100,000 per month for early access Trump’s Truth Social posts [30d]
• Japan and the U.S. just spent billions to try to save the yen. Why is it already losing ground? [30d]
• Jerry Buss made the Lakers Hollywood. Bob Iger and Josh Kushner reportedly bought the show for record-breaking $12.5 billion, up 21% in just 14 months [30d]
• CIOs and CTOs spent years lauding AI. Now, with costs rising, they’re putting limits on how it’s used [30d]
• Nvidia found a new way to keep the AI boom funded: your retirement money [30d]
• Gates Foundation’s $540 million gift to science comes as the federal government pulls back on funding [30d]
• The majority of U.S. employers say they plan to increase hiring this year—these are the top roles they’re looking to fill [30d]
• Sam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there [30d]
• Billionaire Michael Saylor says Elon Musk is wrong about AI making money irrelevant: ‘Everybody doesn’t get their own private jet’ [30d]
• Norway $2.3 trillion fund posts best quarter since 2020 [30d]
• Blackstone strikes $1.8 billion deal for Air Canada division [30d]
• BofA to plow $250 billion into critical infrastructure projects [30d]
• Lilly escalates its fight against black market weight-loss shots [30d]
• ‘Call Her Daddy’ host Alex Cooper raises money at a $500 million valuation [30d]
• New York City probes Kalshi and Polymarket over social harms [30d]
• New ‘Katsu Curry Index’ aims to show how weak the yen really is [30d]
• Phoebe Gates knew Phia shopping app took credit for sales it didn’t drive [30d]
• Norway oil fund CEO says he’s more nervous after record returns [30d]
• Trump blames the military for the Air Force One subterfuge and claims he wasn’t really scared. ‘I get a lot of threats’ [30d]
• Wall Street futures rise ahead of inflation report as the Fed watches surging costs [30d]
• Meet Google DeepMind’s chief AI exec—she started out detasseling corn in Indiana for around $1 an hour at 14: ‘I grew up in really humble beginnings’ [30d]
• She detasseled corn for $1 an hour at 14. Now she’s Google DeepMind’s chief AI exec—and says being an immigrant’s daughter made her a natural ‘first’ [30d]