The Brutalist Report
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- No new articles in the Past 24 Hours.
- Cowboy Space, led by Robinhood co-founder Baiju Bhatt to build data centers in orbit, raised a $275M Series B led by Index Ventures at a $2B valuation (Bruce Einhorn/Bloomberg) [39m]
- OpenAI launches the OpenAI Deployment Company with a $4B+ investment to help organizations build and deploy AI systems, and acquires AI consulting firm Tomoro (Reuters) [1h]
- Google's TIG reports the first confirmed instance of "prominent cybercrime threat actors" using AI to find and weaponize a zero-day in a web-based admin tool (Dustin Volz/New York Times) [1h]
- Discord launches Nitro Rewards, giving Nitro subscribers access to offers from gaming services like Xbox Game Pass and hardware like Logitech G at no extra cost (Amanda Silberling/TechCrunch) [1h]
- Sources: Masayoshi Son has held talks with French President Emmanuel Macron about unveiling a multibillion-dollar AI data center project in the coming weeks (Bloomberg) [1h]
- In a two-week UK High Court trial, Shein accuses Temu of "industrial scale" copyright infringement of its photos; Temu says Shein is suing to stifle competition (Sam Tobin/Reuters) [1h]
- SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation (Carmen Reinicke/Bloomberg) [1h]
- Sources: Kuaishou plans to spin off its Kling AI video unit for an IPO in 2027 and is seeking a $20B valuation in pre-IPO funding talks with potential investors (The Information) [2h]
- The European Commission says it is in ongoing discussions with OpenAI and Anthropic to access their latest AI models; OpenAI is "proactively offering" access (Inti Landauro/Reuters) [3h]
- Microsoft's Playground Games accidentally uploads unencrypted pre-load files for Forza Horizon 6 to Steam, leaking the PC version before its release next week (Jez Corden/Windows Central) [3h]
- Circle raised $222M via the presale of its native Arc token at a $3B valuation; a16z led with a $75M investment, with participation from BlackRock and others (Tanaya Macheel/CNBC) [3h]
- Filing: Wise plans to debut on the Nasdaq as WSE, and relist in London for its secondary listing; Wise reports year-to-March net revenue up 19% YoY to $2.5B (Aisha S Gani/Bloomberg) [4h]
- Musk v. Altman: profiles of US judge Yvonne Gonzalez Rogers, an Obama-nominated blunt and efficient operator, and Elon Musk's and OpenAI's attorneys (Angel Au-Yeung/Wall Street Journal) [4h]
- Turkish mobile gaming startup Grand Games raised a $70M Series B led by Balderton Capital, after raising $30M in 2025, taking its total funding to $103M (Tugce Ozsoy/Bloomberg) [4h]
- Dua Lipa files a $15M lawsuit against Samsung, alleging that it used her likeness to sell TVs without paying her and without permission starting in 2025 (Gene Maddaus/Variety) [4h]
- No new articles in the Past 24 Hours.
- No new articles in the Past 24 Hours.
- Think robocalls are annoying? AI is making them dangerous. [8m]
- I have $310,000 in cash from a maturing CD. Where should I put it next? [39m]
- ‘Technically, I’m not sick’: Can I take paid sick leave for my egg-retrieval fertility treatment? [1h]
- Investors are now telling companies to invest in growth, not their own stocks, Goldman Sachs finds [1h]
- Oil market won’t return to normal this year if Iran conflict isn’t solved within weeks, Aramco CEO says [1h]
- AI plays in emerging markets offer more upside than in the U.S. at present, says JPMorgan [2h]
- A ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley. [3h]
- There’s a new top target for the S&P 500 as ‘melt-up’ intensifies [3h]
- ‘I’m not an extravagant spender’: I’m in my 70s with a $90,000 income. Can I afford my dream home with a pool? [4h]
- As Trump heads to China, here’s how much the dollar is overvalued, according to Goldman Sachs [4h]
- ‘I nearly made a major misstep’: I claimed my Social Security benefits at 64 instead of 70. Here’s why. [5h]
- The investor who backed Nvidia in 2016 and a memory-chip maker in 2024 now has a third conviction call [5h]
- U.S. stock futures fall, oil surges as Trump calls Iran’s latest offer to end war ‘totally unacceptable’ [16h]
- Powell’s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both. [16h]
- ‘Fibermaxxing’ has spurred the launch of fiber sodas and gummies. Is the craze going too far? [23h]
- No new articles in the Past 24 Hours.
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