The Brutalist Report

Techmeme

Astrocade, which lets users create video games using natural language prompts, raised $56M, including a Series A and a Series B, and says it has ~5M MAUs (Allie Garfinkle/Fortune) [70d]
Sources: Meta is building an OpenClaw-inspired agent internally called Hatch, to be powered by its Muse Spark model, and an agentic shopping tool in Instagram (Jyoti Mann/The Information) [70d]
Sources: Alphabet sold its biggest-ever euro-denominated bonds, raising €9B, and its first Canadian dollar notes, raising CA$8.5B, months after raising $20B (Bloomberg) [70d]
Kaspersky says Daemon Tools, a widely used app for mounting disk images, has been backdoored in a monthlong compromise that has pushed malicious updates (Dan Goodin/Ars Technica) [70d]
EA reports Q4 net bookings up 3.6% YoY to $1.86B, vs. $2B est., weighed down by a post-launch drop-off in engagement for Battlefield 6 (Anhata Rooprai/Reuters) [70d]
GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted earnings above estimates; GFS closes up 9.28% (Patrick Seitz/Investor's Business Daily) [70d]
Micron closes up 11% after announcing its highest-capacity SSD has started to ship, lifting its market cap past $700B for the first time; Sandisk closes up 12% (Lola Murti/CNBC) [70d]
A US court sentences a Latvian national to 8.5 years for acting as a negotiator for Russia's Karakurt ransomware group (Sergiu Gatlan/BleepingComputer) [70d]
Super Micro reports Q3 revenue up 123% YoY to $10.24B, vs. $12.33B est., forecasts Q4 revenue and adjusted profit above estimates; SMCI jumps 17%+ after hours (Juby Babu/Reuters) [70d]
Match Group reports Q1 revenue up 4% YoY to $864M, vs. $855M est., as Tinder's new user registrations grew for the first time since 2024, up 1% (Samantha Kelly/Bloomberg) [70d]
Source: Anthropic plans to spend about $200B on Google's cloud and chips over five years, representing 40%+ of the "revenue backlog" Google disclosed last week (The Information) [70d]
Apple reaches a $250M settlement in a CA federal court to resolve a false advertising class action lawsuit over the launch of a "personalized" Siri in 2024 (Michael Acton/Financial Times) [70d]
AMD reports Q1 revenue up 38% YoY to $10.25B, Data Center revenue up 57% to $5.8B, and forecasts Q2 revenue above estimates, as AI chip demand stays strong (Zaheer Kachwala/Reuters) [70d]
Xbox CEO Asha Sharma says Xbox "will begin winding down Copilot on mobile and will stop development of Copilot on console" as part of a strategic shift (Jay Peters/The Verge) [70d]
Sources: Meta is building agentic tools, including an OpenClaw-like assistant powered by its new Muse Spark AI model to help users create AI bots (Hannah Murphy/Financial Times) [70d]
Musk v. Altman: on his second day of testimony, Greg Brockman said that OpenAI expects to spend $50B on computing in 2026, up from $30M in 2017 (Rachel Metz/Bloomberg) [70d]
Musk v. Altman: Greg Brockman testified about tense negotiations with Musk in 2017, saying "he knows rockets, he knows electric cars" but "does not know AI" (Bloomberg) [70d]
Subquadratic launches with a $29M seed and debuts SubQ, an LLM that uses a subquadratic sparse attention architecture to achieve a 12M-token context window (Kyt Dotson/SiliconANGLE) [70d]
Blitzy, which says its platform autonomously completes months of software development, raised $200M at a $1.4B valuation, bringing its total funding to $232M+ (Mary Ann Azevedo/Crunchbase News) [70d]
OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis (Sara Fischer/Axios) [70d]