The Brutalist Report - techmeme
system |
|
- Startups from the pre-ChatGPT era face a reckoning in private markets; PitchBook: half of US unicorns haven't raised in three years, 220+ are "fallen unicorns" (Hugh Son/CNBC) [42d]
- Alphabet is raising $80B in equity offerings, including a $10B investment deal with Berkshire Hathaway, to help raise money for its AI spending plans (Nick Turner/Bloomberg) [42d]
- HPE reports Q2 revenue up 40% YoY to $10.7B, vs. $9.74B est., Server revenue up 33%, forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ after hours (Brody Ford/Bloomberg) [42d]
- Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom (Michelle Ma/Bloomberg) [42d]
- Researchers find several packages in the @redhat-cloud-services npm namespace shipped malware targeting credentials for GitHub Actions, AWS, GCP, and others (Rohan Prabhu/Step Security Blog) [42d]
Previous Day