The Brutalist Report - techmeme

system | |

Techmeme

Anthropic, OpenAI, and other AI startups have announced major London expansions over the past year, as the city emerges as a key AI talent hub outside the US (Kai Nicol-Schwarz/CNBC) [31d]
Ted Cruz and Ron Wyden introduce the JAWBONE Act, which would let Americans sue federal officials who try to coerce broadcasters or platforms to censor speech (Jon Brodkin/Ars Technica) [31d]
Agentic workplace startup Genspark raised a $100M Series B extension at a $2.6B post-money valuation, up 63% in just three months; it has raised $645M+ to date (Chris Metinko/Axios) [31d]
Adobe reports Q2 revenue up 13% YoY to $6.62B, vs. $6.46B est., and raises its annual forecasts; CFO Dan Durn is leaving for Marvell; ADBE drops 5%+ after hours (Zaheer Kachwala/Reuters) [31d]
Sources: Founders Fund's ~3% stake in SpaceX is now worth $50B+, after investing $600M; a16z will get the biggest return in its history, with a $10B+ stake (Bloomberg) [31d]