The Brutalist Report

Techmeme

• 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]