The Brutalist Report - tech
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- Triomics, which is building an AI-powered platform to help oncologists automate data-heavy tasks, raised a $22M Series B, following a $15M Series A in 2024 (Marina Temkin/TechCrunch) [1d]
- Sources: Apollo Global and Blackstone are working to bring additional investors into a ~$36B debt financing deal to purchase Google TPUs for Anthropic to lease (Bloomberg) [1d]
- California AG Rob Bonta sues 23andMe, alleging it failed to protect sensitive user data in a 2023 breach that affected ~7M people across the US (Jaimie Ding/Associated Press) [1d]
- Okta reports Q1 revenue up 11% YoY to $765M, vs. $752M est., says the agentic AI build-out is spiking demand for its identity tools; OKTA jumps 7%+ after hours (Samantha Subin/CNBC) [1d]
- Sources: Amazon has shut down an internal leaderboard that tracked employees' use of AI tools after workers tried to boost their scores with needless tasks (Rafe Rosner-Uddin/Financial Times) [1d]
- Sources: Airwallex raised new funding led by Lee Fixel's Addition at a ~$12B valuation, up from $8B late last year, and hit $1.5B in ARR, up from $1B in October (Axios) [1d]
- Doc: the EU is preparing emergency powers to intervene in Europe's chip supply chains during shortages, including by forcing chipmakers to override contracts (Barbara Moens/Financial Times) [1d]
- Dell reports Q1 revenue up 88% YoY to $43.84B, vs. $35.43B est., and forecasts FY 2027 revenue above estimates; DELL jumps 15%+ after hours (Jordan Novet/CNBC) [1d]
- Autodesk agrees to buy MaintainX, a company focused on maintenance tools, in an all-cash deal that values MaintainX at $3.6B (Brody Ford/Bloomberg) [1d]
- Snowflake stock closed up 36% on Thursday, its best day ever, after the company boosted guidance and announced an AI compute deal with Amazon (Samantha Subin/CNBC) [1d]
- Fonoa, which helps enterprises manage indirect tax compliance, raised a $110M Series C led by Headline and acquired PwC's Indirect Tax Edge platform (Ryan Lawler/Axios) [1d]
- Anthropic adds dynamic workflows to Claude Code, enabling hundreds of subagents to run in parallel for complex engineering tasks such as framework migrations (Claude) [1d]
- The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins (Wall Street Journal) [1d]
- Anthropic raised $65B at a $900B valuation, up from $380B three months ago and ahead of OpenAI's last valuation of $730B, says its revenue run rate crossed $47B (New York Times) [1d]
- Anthropic says it expects Mythos-class models to be available to all customers "in the coming weeks" following the development of stronger safeguards (Madison Mills/Axios) [1d]
- No new articles in the Past 6 Hours.
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