The Brutalist Report - techmeme
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- The US House advances the Ratepayer Protection Act, aimed at preventing data center-related utility costs from being passed on to consumers, by a vote of 417-3 (Justin Papp/CNBC) [51d]
- OpenAI discloses six new AI safety incidents since October, including models concealing mistakes, and announces a new framework for reporting model misalignment (Axios) [51d]
- Sources: a group of 10 banks is providing a $22B loan to Blackstone and Alphabet's venture Crux AI, which provides compute for AI labs, to fund TPU purchases (Bloomberg) [51d]
- Sources: drone delivery startup Zipline is in talks to raise around $1B at a roughly $20B valuation, up from a $7.6B valuation in January (Bloomberg) [51d]
- Review of Meta's Muse: a pretty killer AI assistant and usage rates on the free plan seem generous, but trusting Meta with personal data will take some time (M.G. Siegler/Spyglass) [51d]
- X adds a "Trade" option to its Cashtag feature, letting US users complete trades at brokerages including Interactive Brokers, Gemini, Kraken, and Coinbase (Sarah Perez/TechCrunch) [51d]
- Hang Ten Systems, which uses AI to help large enterprises build software, raised an additional $53M seed led by Xora, five weeks after its initial $32M seed (Jagmeet Singh/TechCrunch) [51d]
- Self-driving tech company May Mobility plans to go public via a SPAC merger at a $1.4B pro forma enterprise value and raise up to $337M in gross proceeds (Joann Muller/Axios) [51d]
- Google adds MCP integration to Google Home, letting third-party AI agents analyze home data and control devices, rolling out to Premium Advanced users in the US (Jennifer Pattison Tuohy/The Verge) [51d]
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