The Brutalist Report

Techmeme

• Sources: JPMorgan and Goldman, leading a $5B loan sale with a yield of ~11% for AI startup Volta, took a rare move to limit exposure by underwriting just $1.3B (Claire Ruckin/Bloomberg) [25d]
• Anthropic researchers say small AI models may be months away from being able to self-replicate on IoT devices like smart ovens and off-brand Android TV boxes (Anthropic) [25d]
• Sources: Epic has delayed the release of an upcoming game, instructing developers to implement an "AI first" production model with "no more hand-written code" (Jason Schreier/Bloomberg) [25d]
• Suki, an AI ambient scribe for healthcare providers, raised a $90M Series E led by Healthier Capital; a source says it projects $60M-$80M in revenue this year (Brock E.W. Turner/Axios) [25d]
• Sources: Bumble is in advanced talks to be taken private at a ~$1B valuation; the buyer is Ithaca Holdings, a firm founded recently by two Silicon Valley execs (Cara Lombardo/Wall Street Journal) [25d]
• Muse Wonder Full (max) outperforms Fable 5.1 (max) on Artificial Analysis' Intelligence Index, matches Sonnet 5.5 (max), and is just shy of Opus 5.5 (max) (@artificialanlys) [25d]
• Meta says Muse Wonder is available to Muse app subscribers, via Meta Model API, and Muse Code; Wonder Full is available to Muse Code subscribers (Jonathan Vanian/CNBC) [25d]
• Meta says Wonder includes Active Memory and Active Focus, two features designed to help AI systems perform more useful work over extended periods (Ina Fried/Axios) [25d]
• Meta says it plans to power its Muse AI agent with Wonder, starting with subscribers, and will develop specialized models it "can bring to everyone using Muse" (Robert Hart/The Verge) [25d]
• An interview with Mark Zuckerberg, who says Meta has caught up with rivals at the frontier of AI with its Wonder model and rejects calls for a slowdown (Hannah Murphy/Financial Times) [25d]
• Meta introduces Muse Wonder and Muse Wonder Full, saying they deliver state-of-the-art performance on personal and professional agentic tasks (Meta AI Research) [25d]
• Getty enters a restructuring agreement to take the company private, with Getty family and Koch Equity committing to invest up to $533M to own 100% of Getty (Anhata Rooprai/Reuters) [25d]
• Microsoft says Maia 300 racks will hold 96 chips and use ~167 kW of power and plans to roll out "multi-gigawatt deployments" of the chip starting next year (Reuters) [25d]
• AI is supercharging a ~$442B scam economy that is bigger than the global cocaine trade, as the Chinese scam industry spreads beyond Asia's fortified compounds (Bloomberg) [25d]
• Cyberattacks on Sunday night targeted Danfoss-managed refrigeration systems across hundreds of French supermarkets, heating them to 50°C for roughly six hours (Jenny Che/Bloomberg) [25d]
• Googlebooks hands-on: a rocky start, with severe connectivity, file-sharing, and software stability issues; core productivity software lacks full desktop parity (Dominic Preston/The Verge) [25d]
• Global smartphone shipments fell 20% YoY in Q3 to a 14-year low amid memory shortages; Apple's share crossed 20% for the first time in any Q3, reaching 22% (Counterpoint Research) [25d]
• Analysis: constructing and equipping a 1GW AI data center in Abilene, Texas, could cost ~$30B, including $17B on chips, $3B on power, and $2.4B on construction (Lynn Doan/Bloomberg) [25d]
• A profile of Microsoft EVP of Copilot Charles Lamanna, a potential Satya Nadella successor; a source says Microsoft is on track to pay Anthropic $2B+ per year (Aaron Holmes/The Information) [25d]
• Google says Health Guardian is launching later in October on the Fitbit Air and Edge for Google Health Premium users, and expands automatic activity tracking (Cheyenne MacDonald/Engadget) [25d]
• Microsoft unveils its third-gen in-house AI chip, the Maia 300, built on TSMC's N2P process node and aimed at serving as its "primary AI inference system" (Tom Warren/The Verge) [25d]
• Google unveils the $180 Fitbit Edge, featuring an oval, 1.34" display and shipping October 27, replacing the Fitbit Charge 6 and discontinuing the Charge line (Samantha Kelly/Bloomberg) [25d]
• Elon Musk contributed $276M+ since July to Republican entities, including $158M to the Senate Leadership Fund; sources: he is taking a more hands-off approach (Theodore Schleifer/New York Times) [25d]
• Speaking in Singapore, Broadcom CEO Hock Tan and Intel CEO Lip-Bu Tan warn that access to capital and rising borrowing costs could become AI's main bottleneck (Lee Ying Shan/CNBC) [25d]
• Sources: DeepSeek agrees to lead robotic AI startup Winverse AI's seed funding round of tens of millions of dollars, valuing the startup at ~$400M post-money (Bloomberg) [25d]