The Brutalist Report - techmeme
system |
|
- Anthropic unveils Claude Agent SDK credits for paid plans, which users can allocate for programmatic use of third-party agents like OpenClaw, starting June 15 (Carl Franzen/VentureBeat) [62d]
- Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted (Jordan Novet/CNBC) [62d]
- Netflix says its ad tier now has 250M monthly active viewers, up from 94M in 2025, and is expanding to 15 new countries, as it tests an ad personalization tool (Emma Roth/The Verge) [62d]
- Sources: Microsoft is in discussions to acquire LLM developer Inception; SpaceX also courted Inception, which is looking for a price of over $1B (Reuters) [62d]
- Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours (Jordan Novet/CNBC) [62d]
- Mythos Preview is the first AI model to complete both of AISI's cyber ranges, which measure models' cyberattack capabilities; GPT-5.5 solved only one of them (AI Security Institute) [62d]
- Q&A with Anthropic CFO Krishna Rao on the "cone of uncertainty" in AI, allocating compute, returns to frontier intelligence, platform vs. application, and more (Invest Like The Best on YouTube) [62d]
- Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (Bloomberg) [62d]
- LinkedIn says it has "implemented organizational changes"; a source says LinkedIn plans to cut about 5% of its 17,500 full-time workers (Reuters) [62d]
- Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered robots for manufacturing tasks, raised $400M, source says at a $3.4B valuation (Sean McLain/Wall Street Journal) [62d]
- Instagram rolls out Instants, which lets users share ephemeral photos, as an in-app feature in Instagram and as a standalone app in select countries (Zac Hall/9to5Mac) [62d]
- Adaption, co-founded by ex-Cohere VP of AI research Sara Hooker, unveils AutoScientist, which can automate the research loop behind model training and alignment (Russell Brandom/TechCrunch) [62d]
- Anthropic launches Claude for Small Business, featuring a host of automated services like bookkeeping functions, business insights, and tools for ad campaigns (Lucas Ropek/TechCrunch) [62d]
- Microsoft unveils MDASH, a security system that can orchestrate 100+ AI agents to find vulnerabilities, and says it identified 16 Windows vulnerabilities (Gyana Swain/CSO) [62d]
- Sources: Mistral has been developing a cybersecurity-focused AI model and held discussions about it with European banks, which don't have access to Mythos (Bloomberg) [62d]
- Sources: Arm and SoftBank expressed preliminary interest to acquire Cerebras weeks before its expected IPO; Cerebras rebuffed them (Bloomberg) [62d]
- The FTC says Shutterstock will pay $35M to settle charges that Shutterstock misled consumers about its subscription plans and made it too difficult to cancel (Jonathan Stempel/Reuters) [62d]
- OpenAI endorses the Kids Online Safety Act and Illinois SB 315, an AI safety bill to create requirements around transparency, incident reporting, and more (OpenAI Global Affairs) [62d]
- Q&A with Alexandr Wang on rebuilding Meta's AI stack, launching Muse Spark, personal superintelligence, acquiring Assured Robot Intelligence, and more (Ashlee Vance/Core Memory) [62d]
- Tencent says it plans to spend significantly more on AI infrastructure in H2 2026 as more China-designed AI chips become available "month by month" (The Information) [62d]
- Investor docs: Anthropic's revenue run-rate is on track to hit $50B by the end of June; Ramp says more of its customers now use Anthropic than OpenAI, a first (Kate Clark/Wall Street Journal) [62d]
- A profile of California Rep. Ro Khanna, who spent years cheering on the tech industry and now supports a 5% billionaire wealth tax and stricter AI regulations (Bloomberg) [62d]
- UK chip startup Fractile raised a $220M Series B led by Factorial Funds, Accel and Founders Fund to make specialized logic and memory chips for inference (Robbie Whelan/Wall Street Journal) [62d]
- WhatsApp launches Incognito Chat, an AI chat mode built on Private Processing that Meta says lets users talk to AI without Meta being able to access the chats (Lily Hay Newman/Wired) [62d]
- German quantum MRI imaging startup NVision raised a $55M Series B led by Abbott at a $250M to $300M valuation, and plans a $100M+ Series C later in 2026 (Katherine Davis/Axios) [62d]
- Apple files an EU submission criticizing draft DMA measures that would require Google to give competing AI services access to Android apps, citing privacy risks (Foo Yun Chee/Reuters) [62d]
- Analysis: 25% of the 13,000 US federal lobbyists are involved in AI issues, up from 11% in 2023; OpenAI plans to host the opening of its DC office on Wednesday (Cecilia Kang/New York Times) [62d]
- Amazon is replacing its Rufus AI shopping assistant with Alexa for Shopping, powered by Alexa+, on Amazon.com and its app for all customers in the US (Jennifer Pattison Tuohy/The Verge) [62d]
- Poland says it plans to proceed with a digital services tax of up to 3% on large digital platforms, despite threats of retaliation like tariffs from the US (Agnieszka Barteczko/Bloomberg) [62d]
- Trump Mobile CEO Pat O'Brien says T1 Phone pre-orders will begin shipping to customers this week, and the device is assembled in the US, after months of delays (Michelle Del Rey/USA Today) [62d]
Previous Day