The Brutalist Report - tech
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- Sources: OpenAI is racing to secure investor commitments before Anthropic's expected IPO in mid-Nov. and aims to raise ~$30B; the round could value it at $1.4T+ (Reuters) [3d]
- Sources: Ted Sarandos complained for months of a lack of new hit shows at Netflix and US watch time being down; it just fired its film chief and content chief (Wall Street Journal) [3d]
- Sources: Waymo aims to expand its fleet to 8K by the end of this year, up from 4K today, and to 20K by the end of 2027, after raising $5B in debt this month (Ellen DiMauro/Semafor) [3d]
- Sources: Eric Schmidt, who owns ~1% of Anthropic after investing tens of millions in its Series A, is poised to have one of the largest windfalls from its IPO (Bloomberg) [3d]
- Cloudflare debuts Clairic, a System One-class extraction model it says processes unstructured data faster, more cheaply, and more accurately than normal LLMs (Cloudflare) [3d]
- The US FTC clears Publicis' $2.2B LiveRamp acquisition, subject to a consent decree requiring equal access to LiveRamp's data connectivity tools for all clients (Leah Nylen/Bloomberg) [3d]
- Dream Labs, which offers an API for its Dream-1 robot foundation model trained on human videos, raised a $90M seed led by B Capital and Kindred Ventures (John Koetsier/Forbes) [3d]
- Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody (Paige Smith/Bloomberg) [3d]
- Sources: Nscale is in talks for a second deal with Anthropic worth ~$45B to deliver 460MW of computing power at its West Virginia campus using Vera Rubin chips (Bloomberg) [3d]
- Meta details Prometheus, its gigawatt-scale supercluster in Ohio, which will have ~1M GPUs at full scale and was used to train its Muse foundational models (Engineering at Meta) [3d]
- Town, which develops enterprise AI assistants, raised a $108M Series B at a $1B valuation, after announcing a $55M Series A in June (Dominic-Madori Davis/TechCrunch) [3d]
- Developers and vibe coders are using AI tools like Claude Code to get rid of sponsored ads on their smart TVs, disable tracking features, and more (Sarah Perez/TechCrunch) [3d]
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- Today’s NYT Connections Hints and Answers for Tuesday, Oct. 20, #1227 [3d]
- Expect Next-Gen Consoles to Cost More Than $1,000, According to Leaks [3d]
- Meta Blames Bot Traffic for No Kings Day Instagram Suspension [3d]
- Today’s NYT Strands Hints, Spangram and Answers for Tuesday, Oct. 20, #961 [3d]
- Today’s NYT Wordle Hints, Answer and Help for Tuesday, Oct. 20, #1949 [3d]
- Get Up to $1,000 Off Your New iPhone Duo When You Port Your Number to T-Mobile [3d]
- Japan Is Launching a Mission to Mars Moons and Plans to Bring Samples Home [3d]
- Save Over $3,500 Off This HP EliteBook 8 Laptop While You Still Can [3d]
- You Have Just Hours Left to Grab an M4 Apple Mac Mini for a Massive $150 Off [3d]
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