The Brutalist Report

Techmeme

• Sources: Qualcomm is in advanced talks to acquire Modular in a transaction valuing the AI chip startup at ~$4B, up from a $1.6B valuation in September 2025 (Bloomberg) [20d]
• Filing: Oracle's global workforce fell by 21,000 employees in the past 12 months to 141,000 as of May 31; the company says AI adoption has led to reductions (Brody Ford/Bloomberg) [20d]
• President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present (Amrith Ramkumar/Wall Street Journal) [20d]
• Sources: Meta internally exposed data from its employee-tracking program meant to help train its AI models, including full prompts and private conversations (Wired) [20d]