The Brutalist Report - techmeme

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Helcim, a payments processor for SMBs, raised a CA$53M Series C led by Business Development Bank of Canada's Growth Venture Fund at a CA$250M valuation (Madison McLauchlan/BetaKit) [20d]
OpenAI says California should amend SB 53 to expand safeguards, including requiring monitoring of frontier models under training, following AI agent hacks (Chase DiFeliciantonio/Politico) [20d]
Gurman: as part of Vision Pro cuts, Apple is largely shutting down a team focused on gaming and reducing the size of a unit producing immersive video content (Chance Miller/9to5Mac) [20d]
Nvidia makes a minority investment in Cloverleaf, which works with utilities and energy providers to secure infrastructure for data center sites (Rashika Singh/Reuters) [20d]
OpenAI cuts GPT-5.6 Sol's API and credit prices by over 20% for the next three months, to $4/1M input tokens and $20/1M output tokens (Anzar Mehraj/Reuters) [20d]
Sources: Devoted Health, which uses AI to help coordinate medical care for those enrolled in Medicare Advantage, is raising new funding at a $25B valuation (Katie Roof/Business Insider) [20d]