The Brutalist Report

Techmeme

Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades focusing on new startups (Kate Clark/Wall Street Journal) [40d]
Sources: Lila Sciences, which uses AI tools to speed up the rate of scientific discovery, is in talks to raise a $2B Series B at an expected valuation of ~$8.5B (Bloomberg) [40d]
Internal documents: Meta is considering tiered pricing for "Hatch", its planned OpenClaw-like AI agent tool, including a $200-per-month premium subscription (Jyoti Mann/The Information) [40d]
Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022 (The Information) [40d]
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory (Carl Franzen/VentureBeat) [40d]
CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours (Samantha Subin/CNBC) [40d]
Broadcom reports Q2 revenue up 48% YoY to $22.19B, vs. $22.27B est., and forecasts Q3 semiconductor revenue from AI below estimates; AVGO drops 12%+ after hours (Reuters) [40d]
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at ~$1.77T (Bailey Lipschultz/Bloomberg) [40d]
The US and other Five Eyes nations warn that China is flooding online job platforms with fake profiles and offers targeting government and military personnel (Greg Miller/Washington Post) [40d]
In a report, UK lawmakers call on the government to end a £330M NHS deal with Palantir and disclose more details of a military contract with the company (Bloomberg) [40d]
Security firm Calif says it used OpenAI's Codex to discover HTTP/2 Bomb, a remote DoS exploit affecting web servers like Nginx, Apache HTTPD, and Microsoft IIS (The Hacker News) [40d]
OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA (Brendan Bordelon/Politico) [40d]