The Brutalist Report

Techmeme

Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment (Hugh Son/CNBC) [28m]
SpaceX's draft IPO filing: from 2023 to 2025, Starlink's individual subscribers rose from 2.3M to 8.9M, revenue grew from $3.9B to $11.4B, and ARPU fell 18% (The Information) [1h]
Pursuit, which uses AI to scan public data to help companies find and win government contracts, raised a $22M seed led by OpenGov co-founder Mike Rosengarten (Dominic-Madori Davis/TechCrunch) [2h]
OpenLight, which designs custom application-specific photonic chips, raised $50M in a Series A extension, after raising $34M in August 2025 (Charlotte Trueman/DatacenterDynamics) [2h]
Sources: Apple plans a new Siri camera mode in iOS 27 by moving Visual Intelligence, currently tied to the Camera Control button, into the camera app (Mark Gurman/Bloomberg) [2h]
Motorola unveils its 2026 foldables lineup, including its first book-style model, which costs $1,900; prices for clamshell models have gone up by up to $200 (Chris Welch/Bloomberg) [3h]
Scout AI, which is building an AI model to operate and command military assets like autonomous ATVs, raised a $100M Series A co-led by Align and Draper (Tim Fernholz/TechCrunch) [3h]
Seven families of victims in the Tumbler Ridge shooting in Canada sue OpenAI, accusing it of failing to warn authorities about the suspect's ChatGPT activity (Clare Duffy/CNN) [4h]
Aidoc, which provides AI medical imaging software to flag incidental findings on CT scans and X-rays, raised a $150M Series E, taking its total funding to $520M (Brock E.W. Turner/Axios) [4h]
Uber partners with Expedia to launch a hotel booking integration in its app in the US, and plans to add Expedia's Vrbo brand later in 2026 (Natalie Lung/Bloomberg) [4h]
SpaceX IPO filing: Elon Musk can only be removed as CEO via a vote by holders of Class B super-voting shares, which he will control post-IPO, a rare provision (Reuters) [4h]