The Brutalist Report

Techmeme

• Sources: Reno-based AI chip startup Positron is in talks to raise ~$750M in two phases, at valuations of $3.5B in the first tranche and ~$5B in the second (Bloomberg) [3d]
• The FTC settles with John Deere over a 2025 right-to-repair lawsuit, requiring the company to provide farmers and shops with equipment and software for 10 years (Boone Ashworth/Wired) [3d]
• OpenAI says it found widespread task issues in SWE-Bench Pro, estimates ~30% of tasks are broken, and retracts its earlier recommendation to adopt the benchmark (OpenAI) [3d]
• Meta announces its first data center in Canada, a 1GW facility in Alberta that will cost the company about $9B and take two to three years to construct (Jonathan Vanian/CNBC) [3d]
• Grok 4.5 is available in Grok Build, in Cursor, and from the SpaceXAI console, but not in the EU; it costs $2 per 1M input tokens and $6 per 1M output tokens (Axios) [3d]
• SpaceXAI launches Grok 4.5, its first model built in partnership with Cursor, designed to "handle difficult, long-running" legal, finance, and coding tasks (Carmen Arroyo/Bloomberg) [3d]
• OpenAI rolls out two versions of GPT-Live: GPT-Live-1, powering ChatGPT Voice for Go, Plus, and Pro users, and GPT-Live-1 mini, the default for free users (Sabrina Ortiz/The Deep View) [3d]
• OpenAI launches GPT-Live, a new generation of voice models built on a full-duplex architecture, meaning they can listen and speak at the same time (OpenAI) [3d]
• Prime Intellect, which helps companies build their own AI agents by offering computing power and specialized tools, raised a $130M Series A at a $1B valuation (Marina Temkin/TechCrunch) [3d]
• Arkenstone Defense, which is building software to handle back-office work for defense tech startups, emerges from stealth with a $35M seed led by J2 Ventures (Barratt Dewey/Tectonic Defense) [3d]
• China's Nexchip Semiconductor says it aims to raise around $890.37M in its Hong Kong share sale by offering 216.2M shares at ~$4.12 per share (Rajasik Mukherjee/Reuters) [3d]
• Israeli startup Alta, which develops an AI agent platform for marketing, sales, and business development teams, raised a $25M Series A led by IN Venture (Meir Orbach/CTech) [3d]
• Chinese autonomous driving company Momenta saw a muted trading debut in its Hong Kong IPO, valuing the company at ~$9B, after raising $751M (Jiahui Huang/Wall Street Journal) [3d]
• Sources: China plans to let some of the country's major AI companies buy a small number of Nvidia's H200 chips to alleviate a domestic computing shortage (Qianer Liu/The Information) [3d]
• Mistral launches Robostral Navigate, a hardware-agnostic robotics navigation model trained via simulation that utilizes a single camera and language prompts (Benoit Berthelot/Bloomberg) [3d]
• Crypto VC firm Paradigm raised $1.2B, its third fund, to invest in areas outside of crypto, including AI and robotics; Paradigm had $11.9B in AUM in 2025 (Rebecca Torrence/Bloomberg) [3d]
• Nvidia lost $1T in market value over the past two months, dropping 16% from its May all-time-high, trading at 18x forward earnings, its lowest level since 2019 (Bloomberg) [3d]
• The OpenAI Deployment Company agrees to acquire Northslope, an applied AI company founded by ex-Palantir employees, its second acquisition after buying Tomoro (Madison Mills/Axios) [3d]
• Kaon AI, which builds personalized story worlds using its AI-based FlowGPT and Emochi tools, raised $60M from B Capital and others, and says Emochi has 2M DAUs (Corbin Bolies/Variety) [3d]
• Former GitHub CEO Thomas Dohmke's Entire launches a decentralized Git network to handle high coding agent traffic, with servers in the US, the EU, and Australia (Radhika Rajkumar/ZDNET) [3d]
• SK Hynix's IPO prospectus analysis, as it seeks to raise ~$28B on the Nasdaq: highly leveraged to HBM, extensive ties to China, and health and safety issues (Tim Culpan/Culpium) [3d]
• Internal documents: Amazon is working on an Alexa project, codenamed Moonraker, to handle more complex, multistep tasks, projecting $100M+ in GPU costs in 2026 (Eugene Kim/Business Insider) [3d]
• DuckDuckGo updates its browser for iOS, Windows, and macOS to block video ads by default, particularly those on YouTube, based on uBlockOrigin's filter lists (Anna Washenko/Engadget) [3d]
• Sources: Jeff Bezos' Blue Origin is raising $10B at a $130B pre-money valuation, its first outside funding round, with $4B from Coatue and $2B from Bezos (New York Times) [3d]
• Filing: Chinese AI model maker Z.ai is seeking to raise ~$4B from the sale of 19.8M shares at ~$202 to ~$216 each, after its stock jumped 1,500% since January (Bloomberg) [3d]