The Brutalist Report - techmeme

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Anthropic unveils Claude Agent SDK credits for paid plans, which users can allocate for programmatic use of third-party agents like OpenClaw, starting June 15 (Carl Franzen/VentureBeat) [62d]
Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted (Jordan Novet/CNBC) [62d]
Netflix says its ad tier now has 250M monthly active viewers, up from 94M in 2025, and is expanding to 15 new countries, as it tests an ad personalization tool (Emma Roth/The Verge) [62d]
Sources: Microsoft is in discussions to acquire LLM developer Inception; SpaceX also courted Inception, which is looking for a price of over $1B (Reuters) [62d]
Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours (Jordan Novet/CNBC) [62d]
Mythos Preview is the first AI model to complete both of AISI's cyber ranges, which measure models' cyberattack capabilities; GPT-5.5 solved only one of them (AI Security Institute) [62d]
Q&A with Anthropic CFO Krishna Rao on the "cone of uncertainty" in AI, allocating compute, returns to frontier intelligence, platform vs. application, and more (Invest Like The Best on YouTube) [62d]
Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (Bloomberg) [62d]