The Brutalist Report

Fortune

• Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim [43d]
• Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint [43d]
• Texas ICE facility spent $11.5 million on guards, medical services, transportation and meals weeks before the camp even held detainees, GAO finds [43d]
• AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO [43d]
• America’s grid is reeling. General Motors offers itself as a distributed utility in disguise [43d]
• Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race [43d]
• Trump’s 80th birthday present is a UFC cage on the South Lawn of the White House [43d]
• Trump’s $100,000 visa fee is dead in one court and alive in another, setting up Supreme Court brawl [43d]
• FIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design [44d]
• The AI industry spent years chasing bigger models. Now it’s chasing efficiency [44d]
• China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals [44d]
• ‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI [44d]
• BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it [44d]
• Should Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI [44d]
• Mystery NASDAQ selloff adds tension into a make-or-break week for the AI trade [44d]