The Brutalist Report - tech
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- No new articles in the Past 6 Hours.
- No new articles in the Past 6 Hours.
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- Sources: AI inference chip startup Etched is raising funds at a ~$20B valuation and is raising capital at a $10B valuation in a separate round led by Sequoia (Wall Street Journal) [2d]
- Sources: Trump Media pitched a monthly fee of as much as $100K for the Truth API, with fast access to Trump's posts, for banks, algorithmic traders, and others (Reuters) [2d]
- Sources: the Trump administration is considering plans for an independent regulator to vet the safety of AI models; the regulator would report to the SEC (Bloomberg) [2d]
- Filings: a group of major music publishers has agreed to end a copyright infringement dispute with X over the use of their music on the social media platform (Blake Brittain/Reuters) [2d]
- The Philadelphia Semiconductor Index sank ~10% for the week, its largest weekly fall in over a year, and is now down ~20% from its late-June all-time high (Reuters) [2d]
- Sources: Valar Atomics, which makes small nuclear reactors intended to power data centers, is in talks to raise $1B at a ~$5B pre-money valuation (The Information) [3d]
- Apple raises iPhone prices in Japan by up to 11%, likely due to the Japanese yen's depreciation against the US dollar over the past year (Joe Rossignol/MacRumors) [3d]
- Amazon apologizes after some AWS users received bills as high as $1.5T due to "an issue with unit pricing within the estimated billing computation subsystem" (Robert Booth/The Guardian) [3d]
- Sources: OpenRouter has discussed a potential sale to a bigger tech company that could value it at billions of dollars, a premium to its $1.3B valuation in May (The Information) [3d]
- Sources: SpaceX is in talks with the DOD about providing the agency with access to data-center capacity worth billions of dollars for running AI models (Wall Street Journal) [3d]
- Apple raises the price of Apple Music, with the individual plan up by $1 to $11.99, and some Apple One bundles, the first price hike for Apple Music since 2022 (Chance Miller/9to5Mac) [3d]
- No new articles in the Past 6 Hours.
- No new articles in the Past 6 Hours.
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