The Brutalist Report

Techmeme

• Sources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest (Alex Konrad/Upstarts Media) [7d]
• Sources: Crusoe raised $3B+ at a ~$30B post-money valuation; Atreides Management and Valor Equity Partners co-led the round, with Mubadala Capital participating (Bloomberg) [7d]
• Sources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures (Axios) [7d]
• Oura files for a US IPO, reporting a $924.3M net loss on $1.21B in revenue for the nine months ended June 30, vs. a $182.8M net loss on $697.6M a year earlier (Subrat Patnaik/Bloomberg) [7d]
• Adobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective December 1, replacing Shantanu Narayen, who becomes executive chair (Annie Palmer/CNBC) [7d]
• OpenAI commits $1B in subsidized model access, training, support, and partnerships to a new initiative aimed at protecting essential services around the world (Sam Sabin/Axios) [7d]
• Sources: Crusoe signed a ~$13B, five-year deal with Jane Street to provide GPUs and other infrastructure for AI training and inference via its cloud platform (Bloomberg) [7d]
• GPT-6 Astra scores 62.7% on ARC-AGI-3 with the standard harness and 99.9% with a new provider adapter harness; Claude Opus 5 scored 30.2%, and GPT-5.6 Sol 7.8% (Greg Kamradt/ARC Prize) [7d]
• DOD's Emil Michael says Anthropic is still a designated supply chain risk, a day after Howard Lutnick said it resolved its issues with the Trump administration (Maggie Eastland/Bloomberg) [7d]
• A White House official says Zuckerberg opposed a US AI regulator in a call with Trump last month; another source says he didn't ask Trump to change his stance (Politico) [7d]
• Microsoft AI debuts MAI-Transcribe-2, a speech recognition model that it says beats Gemini 3.5 Transcribe and GPT-Transcribe, at $0.10/audio hour through 2026 (Michael Nuñez/VentureBeat) [7d]
• OpenAI says Astra was built on its largest-ever training run, using more than 100,000 GPUs at its Stargate site in Texas (Ina Fried/Axios) [7d]
• OpenAI calls GPT-6 Astra the "world's best computer use model"; in tests, it booked DMV appointments and searched job listings faster than the average person (Maxwell Zeff/Wired) [7d]
• OpenAI prices GPT-6 Astra at $10/1M input tokens and $50/1M output tokens, matching Anthropic's pricing for Claude Fable 5.1 (The Deep View) [7d]
• OpenAI launches GPT-6 Astra, initially available to organizations in its Daybreak Access program; Greg Brockman says "we are now in the AGI era" (Hayden Field/The Verge) [7d]
• Sources: Mira Murati's Thinking Machines Lab is in talks to raise $1B+ at a $40B+ pre-money valuation, lower than the $50B+ valuation it sought last year (The Information) [7d]
• Humain launches humain-m3, an Arabic-language model developed with MiniMax, amid controversy among US allies over sovereign AI built with Chinese models (Bloomberg) [7d]
• Microsoft will open Xbox Cloud Gaming to non-Game Pass users via a pay-as-you-go model; Ultimate subs will be limited to 15 hours per month of cloud gaming (Tom Warren/The Verge) [7d]
• India-based smart ring maker Ultrahuman raised $70M, including $5M in debt, a source says at a $365M valuation, and is working with Qualcomm on a new ring (Jagmeet Singh/TechCrunch) [7d]
• Sources: Cursor was a top-five OpenAI customer at the start of 2026; OpenAI estimated in spring that Cursor would bring in $1B+ in annualized revenue for OpenAI (Maxwell Zeff/Wired) [7d]
• Nvidia launches Personal AI Router (PAIR), a free tool that distributes local AI inference workloads across compatible computers on a network, in beta (Antonio G. Di Benedetto/The Verge) [7d]
• Nvidia says the RTX Spark N1X launches in October in two configurations: a 20-core CPU with a 6,144-core Blackwell GPU and an 18-core CPU with a 5,120-core GPU (Andrew E. Freedman/Tom's Hardware) [7d]
• Claude, ChatGPT, and Grok are experiencing issues; Anthropic reports errors across Opus 4.8 and Opus 5, and OpenAI reports errors across ChatGPT and Codex (Ben Schoon/9to5Google) [7d]
• Upwind, which filters false security alerts in cloud apps so companies can focus on actual risks, raised $300M at a $3.8B valuation, up from $1.5B in January (Meir Orbach/CTech) [7d]
• PitchBook: 95+ investors put money into both Anthropic and OpenAI amid shifting norms; sources: Menlo, Lightspeed, and Iconiq each hold 1%-2% Anthropic stakes (Erin Griffith/New York Times) [7d]
• Sources: Saudi AI company Humain is planning to raise an initial $2.5B fund to help finance data center capacity of 250 MW in Saudi Arabia (Omar El Chmouri/Bloomberg) [7d]
• Munich-based Atira, which aims to use AI to automate the parsing and generation of complex bid proposals, raised a $15M seed led by Accel and a $2.5M pre-seed (Jeremy Kahn/Fortune) [7d]
• HTC rolls out its $499 Vive Eagle, which let users choose between Gemini or ChatGPT as their assistant, in North America, Europe, the UK, and Australia (Chris Welch/Bloomberg) [7d]
• TrendForce: for a 256GB iPhone Pro model, Q3 memory costs are forecast to be ~400% higher than a year prior but Apple won't pass on the full cost to customers (Ben Lovejoy/9to5Mac) [7d]
• Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest purchase after it paid $20B for Groq assets at the end of last year (Ari Levy/CNBC) [7d]
• PlusAI, which is operating autonomous freight routes in Texas with trucking company Ryder, plans to go public in a SPAC deal at an $800M pre-money valuation (Pragyan Kalita/Reuters) [7d]