The Brutalist Report - techmeme
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- Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed (Caleb Mutua/Bloomberg) [37d]
- Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures (Robert Wright/Financial Times) [37d]
- Source: White House AI advisor Sriram Krishnan plans to leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution (Leo Schwartz/The Information) [37d]
- Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year (Financial Times) [37d]
- FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon (Josh Eidelson/Bloomberg) [37d]
- Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts (Max Tani/Semafor) [37d]
- Inside the Trump admin's push to integrate AI into the healthcare system, including an FDA regulatory fast track for digital health tech like AI chatbots (Elizabeth Dwoskin/Washington Post) [37d]
- Paris-listed Teleperformance, the world's largest customer service company, has become one of Europe's most shorted stocks, as hedge funds bet on AI disruption (Ramsay Hodgson/Financial Times) [37d]
- Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale (Abhirup Roy/Reuters) [37d]
- Kepple: seed-stage startup funding in Japan fell 42% YoY in 2025 to a 10-year low of $124M, as the Tokyo Stock Exchange moves to reduce small listings (Ami Yamada/Nikkei Asia) [37d]
- SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027 (Mayumi Negishi/Bloomberg) [37d]
- OpenAI rolls out Lockdown Mode, an optional security setting designed to offer users advanced protection from prompt injection attacks by limiting some features (Igor Bonifacic/Engadget) [37d]
- Google Cloud says its SpaceX compute deal is a "short-term" agreement "to ensure we have bridge capacity to meet surging customer demand" for Gemini Enterprise (Kate Conger/New York Times) [37d]
- Privacy token Zcash plunges after the disclosure of a 2022 vulnerability in its Orchard shielded pool that could have allowed undetectable ZEC counterfeiting (Akash Girimath/Decrypt) [37d]
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