The Brutalist Report

Techmeme

Sources: YouTube has held talks with publishers in recent months about an audiobook feature that could be ready next year and may be bundled in YouTube Premium (Wall Street Journal) [23d]
Jio Platforms seeks to raise up to $3.2B in India's largest IPO, which would value it at as much as $108.3B; the offering opens October 21 and closes October 23 (Reuters) [23d]
Eight US states sue OpenAI separately in a bipartisan effort, alleging it didn't implement sufficient safeguards to protect kids and other vulnerable users (Cassandre Coyer/Bloomberg Law) [23d]
Shareholders for both Fox Corp. and Roku approve Fox's $22B acquisition of Roku; Fox expects the deal to be finished in H1 2027, subject to regulatory clearance (Todd Spangler/Variety) [23d]
Sources: Anthropic told investors that its revenue jumped to $16.8B in Q3, up from $11.5B in Q2, and that the company was profitable on an adjusted basis in Q3 (Financial Times) [23d]
Apple closes above a $5T market cap for the first time, the second company after Nvidia to do so; Apple had crossed $5T six times intraday previously (Rolfe Winkler/Wall Street Journal) [23d]
Zenzap, a private messenger with AI agents that aims to replace apps like WhatsApp in the workplace, raised $44M from Bessemer, Lightspeed, and others (Ivan Mehta/TechCrunch) [23d]
YouTube Music rolls out labels for songs created with the help of AI; Spotify has AI labels, and Apple Music plans to add "Made With AI" labels later this year (Lauren Forristal/TechCrunch) [23d]
Elon Musk says the US government owns and controls Starshield systems and "any limits on speed or usage are decided by the US military and ultimately POTUS" (Elon Musk/@elonmusk) [23d]
Sources: Apple plans to launch Apple Intelligence in China in December via iOS 27.3, with features first rolled out in 2024; the launch won't include Siri AI (Mark Gurman/Bloomberg) [23d]
SpaceXSI debuts Grok Voice 3.0, saying it tops Artificial Analysis' speech-to-speech index, responds in under a second, and costs less than rivals, at $0.08/min (SpaceXSI) [23d]