The Brutalist Report - techmeme
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- Anthropic pauses its anticipated move to token-based billing for Claude Agent SDK that it planned to implement on June 15, saying "Nothing changes for now" (Kyle Orland/Ars Technica) [26d]
- SpaceX closed up 4.8% on Tuesday with a $2.65T market cap, just above Amazon's, after popping ~12% intraday and briefly overtaking Microsoft's $2.93T market cap (CNBC) [26d]
- Sources: PayPal to shutter its 10-year-old PayPal Ventures arm amid a broader shakeup under a new CEO and has hired Jefferies to explore selling some positions (Ben Weiss/Fortune) [26d]
- Melbourne-based Everlab, which is building an AI-powered preventive healthcare platform, raised a AU$65M Series A led by Airtree Ventures (Tegan Jones/SmartCompany) [26d]
- Sensor Tower: ChatGPT's market share fell to 46.4% by the end of May, as Gemini rose to 27.7% and Claude to 10.3%; Grok, Meta AI, and others have less than 5% (Ivan Mehta/TechCrunch) [26d]
- Zhipu launches GLM-5.2, says it markedly improves coding and agentic tasks, with strong long-horizon capabilities and a 1M context window, under an MIT license (Z.ai) [26d]
- Google launches Android 17 and Wear OS 7, first on Pixel devices, with support for the latest AI models, a bubble bar UI, and live updates on Wear OS (Sarah Perez/TechCrunch) [26d]
- Qualcomm announces Snapdragon Reality Elite, its new flagship XR chipset, debuting in the compute puck of Xreal's Aura Android XR device this fall (David Heaney/UploadVR) [26d]
- Letter: Hightouch, an ad tech startup recently valued at $2.75B, offers to buy LiveRamp's identity business from Publicis for $800M to $1.2B in cash and stock (Sara Fischer/Axios) [26d]
- A look at Specs, which have a battery life of up to four hours per charge, and an interview with Snap CEO Evan Spiegel about the AR glasses (Harry McCracken/Fast Company) [26d]
- Snap unveils $2,195 Specs, its first AR glasses that are "fully standalone" and have a 51-degree field of view, expected "this fall" in the US, UK, and France (Jay Peters/The Verge) [26d]
- Microsoft is moving Copilot Cowork to usage-based pricing and is considering a Microsoft-hosted version of DeepSeek as a cheaper option (Ina Fried/Axios) [26d]
- Sources: Apple's AirPods with cameras for AI are scheduled to launch in 2027 alongside the 20th anniversary pro iPhones and a second-generation foldable iPhone (Mark Gurman/Bloomberg) [26d]
- Databricks agrees to acquire Panther Labs, its third cybersecurity acquisition; Panther was valued at $1.4B when it raised a $120M Series B in 2021 (Jeffrey Dastin/Reuters) [26d]
- Bland, which uses proprietary, in-house-built voice models to process calls for 250+ enterprise clients, raised a $50M Series C led by Dell Technologies Capital (Lily Mae Lazarus/Fortune) [26d]
- Hydra Host, a marketplace for developers and enterprises to procure GPUs pooled from data center operators, raised a $100M Series A led by Kindred Ventures (Mike Wheatley/SiliconANGLE) [26d]
- Sources: the Trump administration won't allow G7 countries to regain access to Mythos 5 as doing so would be "completely illogical"; UK requested a "carve-out" (James Franey/New York Post) [26d]
- Sources: Binance is set to lose permission to offer services to EU clients from the start of July as its application for a license is about to be turned down (Reuters) [26d]
- Ent Security, which wants to build a new layer of workspace security that reads the intent behind what users and AI agents do, launches with $100M in funding (Duncan Riley/SiliconANGLE) [26d]
- Limitless Labs, which is developing an AI platform to automate CNC manufacturing, raised a $20M Series A led by Dell Technologies Capital and Square Peg (Meir Orbach/CTech) [26d]
- Microsoft upgrades Surface Pro and Surface Laptop with Qualcomm Snapdragon X2 chips; Pro starts at $1,499 and Laptop at $1,599, both $100 higher than last-gen (Antonio G. Di Benedetto/The Verge) [26d]
- Copia, an industrial code management and recovery provider, raised $26M co-led by AE Ventures and Squadra Ventures, after previously raising $16.4M (Colin Campbell/Axios) [26d]
- Docs: audited financial figures show OpenAI spent $34B in 2025, up 172% YoY, including $19B on research and development and nearly $6B on sales and marketing (Ed Zitron/Ed Zitron's Where's Your Ed At) [26d]
- Roblox rolls out Roblox Kids accounts, for ages 5-8, and Roblox Select accounts, for ages 9-15, globally, after launching them in four countries last month (Jay Peters/The Verge) [26d]
- Robinhood CEO Vlad Tenev says the company is reducing its full-time workforce by ~10%, or around 290 employees, as part of "flattening" its org structure (Helen Partz/Cointelegraph) [26d]
- Ripple acquires a stake in Flutterwave as part of the African payments startup's Series E, which values the company at $3.2B (Emele Onu/Bloomberg) [26d]
- An interview with SBF about life in prison, his serialized prison memoir titled Manfred, and more, as he praises Trump, becomes a Republican, and seeks a pardon (Simon van Zuylen-Wood/New York Magazine) [26d]
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