The Brutalist Report - techmeme

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Sources: Nvidia has reworked a deal to finance an OpenAI Ohio data center campus so that it would initially guarantee only half of its planned $250B backstop (Anissa Gardizy/Wall Street Journal) [27d]
SpaceX closes its $60B acquisition of Cursor, two months after SpaceX formally announced it had agreed to acquire the startup (Bloomberg) [27d]
Z.ai says GLM-5.3 scores 84.5% on CyberGym, vs. Mythos 5's 83.8%, and its most sensitive cybersecurity functions will only be available to verified users (Reuters) [27d]
Filing: Nvidia has a nearly $21B stake in SpaceX and a $30B stake in Intel; Nvidia invested as much as $2B in xAI in 2025 and $5B in Intel (Lynn Doan/Bloomberg) [27d]
Docs: Anthropic told investors it generated $11.5B+ in revenue, with positive adjusted operating income, in Q2, up from $787M in Q2 2025 and $4.73B in Q1 2026 (Bloomberg) [27d]
Amazon adds a clause in its user agreement that seeks to prevent shoppers from filing class-action lawsuits against it, after removing a similar clause in 2021 (Spencer Soper/Bloomberg) [27d]