The Brutalist Report - techmeme

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Techmeme

Sources: AI inference chip startup Etched is raising funds at a ~$20B valuation and is raising capital at a $10B valuation in a separate round led by Sequoia (Wall Street Journal) [55d]
Sources: Trump Media pitched a monthly fee of as much as $100K for the Truth API, with fast access to Trump's posts, for banks, algorithmic traders, and others (Reuters) [55d]
Sources: the Trump administration is considering plans for an independent regulator to vet the safety of AI models; the regulator would report to the SEC (Bloomberg) [55d]
Filings: a group of major music publishers has agreed to end a copyright infringement dispute with X over the use of their music on the social media platform (Blake Brittain/Reuters) [55d]
The Philadelphia Semiconductor Index sank ~10% for the week, its largest weekly fall in over a year, and is now down ~20% from its late-June all-time high (Reuters) [55d]
Sources: Valar Atomics, which makes small nuclear reactors intended to power data centers, is in talks to raise $1B at a ~$5B pre-money valuation (The Information) [56d]