The Brutalist Report

Techmeme

Sources: AI inference-chip startup Etched is in early talks to raise funding at a $40B-$50B valuation, up from $21B in August (Marina Temkin/TechCrunch) [32d]
Analysis: Anthropic's subscriptions offer ~5x more API-equivalent value per month than OpenAI's for agentic workloads with Claude Opus 5.5 vs. GPT-6.1 Sol (SemiAnalysis) [32d]
SpaceX stock closes up 7.6% after Morgan Stanley called SPCX "cheap", reaching its highest level since mid-June and returning Elon Musk to trillionaire status (Lora Kolodny/CNBC) [32d]
TikTok debuts Shopping Assistant, a conversational AI agent that helps users find and buy products, and Buy Direct for one-click purchases from the For You feed (Aisha Malik/TechCrunch) [32d]
Reflection unveils open-weight model Beam, saying it excels at coding and agentic tasks, uses 3x-4x less compute than comparable models, and nears Qwen 3.8-Max (Semafor) [32d]
Sources: Meta and Microsoft are working to cut their employees' use of Claude; Meta employees using Claude Code have dropped to ~30K from ~60K earlier this year (The Information) [32d]
Ghost, which makes a $3,499 computer designed for AI agents and includes an RTX Pro 4000 SFF Blackwell GPU, emerges from stealth with an $11M seed led by a16z (Dominic-Madori Davis/TechCrunch) [32d]
Former Anthropic researcher Jacob Coxon and representatives from Anthropic, Google, OpenAI, and Meta testified at a New York City Council hearing on AI safety (Bloomberg) [32d]
The CFTC proposes a federal framework for crypto exchanges to offer retail customers leveraged and margined spot trading, without requiring congressional action (Jason Shubnell/The Block) [32d]
An official says the DOD has stopped using Anthropic's tools; sources: Claude was in use as recently as last week, including in military operations against Iran (BBC) [32d]
To comply with the EU AI Act, OpenAI plans to add text watermarking for ChatGPT and Codex users in the EU and an opt-in setting for API customers globally (OpenAI) [32d]
In a first-of-its-kind pilot in the US, Nolla Health will use AI to diagnose and prescribe acne medications to Utah patients without direct human oversight (Annika Inampudi/Bloomberg) [32d]
Meta, TikTok, and X challenge UK's Ofcom over the amount of info it is demanding under the Online Safety Act, saying it creates unprecedented regulatory burdens (Paul Sandle/Reuters) [32d]
Valon, which makes software to help US mortgage companies cut red tape and costs, raised a $150M Series D from Ribbit, a16z, and others at a $2.3B valuation (Zoya Hasan/Forbes) [32d]
Q&A with AI researchers Jacob Coxon, Daniel Kokotajlo, Alex Turner, and others on leaving AI labs, AGI's dangers, planned IPOs, AI safety, oversight, and more (New York Magazine) [32d]
Sources: Nico Caprez, son-in-law to Jensen Huang, has rapidly ascended to become an Nvidia VP, serving as Huang's "consigliere" and main contact for neoclouds (Phoebe Liu/The Information) [32d]
Cohere launches North 2, an update to its enterprise agent platform with cross-session memory and a redesigned harness, available across cloud and on-premises (Sean Michael Kerner/VentureBeat) [32d]
CTS: Chinese logic and memory chipmakers accumulated 343 ASML immersion DUV lithography scanners between 2012 and early 2026, many of which can make 7nm chips (Anton Shilov/Tom's Hardware) [32d]
Namespace, which provides cloud services and infrastructure for developers, raised a $42M Series B led by Scale and says it has 1,000+ customers (Chris Metinko/Axios) [32d]
Survey: only 11% of ~400 businesses could forecast AI spending; a study finds lower-priced models cost more than higher-priced models on 32% of 6,800+ tasks (Wall Street Journal) [32d]