The Brutalist Report

Techmeme

Bitget halts withdrawals after detecting unauthorized transfers from some hot and warm wallets, affecting ~$351.6M; CEO Gracy Chen says "user funds are safe" (Matthew Brockett/Bloomberg) [43d]
Sources: Anthropic asks shareholders to approve a Palantir-style structure granting its seven co-founders 50.1% of voting power if three retain minimum stakes (The Information) [43d]
Documents: Jeff Bezos has invested $30B in Blue Origin since 2000, including $2B in its first outside funding round, which has raised $10B at a $140B valuation (Micah Maidenberg/Wall Street Journal) [43d]
Anthropic commits to spending $11.6B over seven years on Akamai cloud services and secures an option to take a stake of up to 5%; AKAM jumps 17%+ after hours (Harshita Mary Varghese/Reuters) [43d]
At a White House summit, Xi Jinping says the US and China have "the capability and responsibility to develop and manage AI for good" as "leading nations" in AI (Mallory Wilson/The Hill) [43d]
Google updates Gemini 3.8 Live with Live Avatar, an animated AI persona that lip-syncs and shows different facial expressions, for Gemini Enterprise customers (Emma Roth/The Verge) [43d]
Email: Microsoft is moving its communications function out of its marketing group and into the corporate, external, and legal affairs org led by Brad Smith (Todd Bishop/GeekWire) [43d]
Sources: OpenEvidence, an AI search engine for doctors, raised $250M at a $15B valuation, up from $12B in January; it could be open to selling itself (Katie Roof/Business Insider) [43d]
The Fed unveils stablecoin proposals, including requiring some issuers to fully back tokens with permissible reserve assets, such as short-term Treasury bills (Megan Howard/Bloomberg) [43d]
Meta unveils mobile app Horizon Create and web app Horizon Studio for building games with AI prompts; the games will run on Facebook, Instagram, and Horizon (Jay Peters/The Verge) [43d]
The US files an application with the EU's General Court in support of X's effort to annul a 2025 €120M DSA fine, arguing the EU engaged in regulatory overreach (Bloomberg) [43d]
Sources: Jev developer TypeSafe is in talks to raise $1B+ at a $10B+ valuation; last week the startup announced a $40M seed, PitchBook says at a $200M valuation (The Information) [43d]
Sources: A24, Sony Pictures, and NYT have registered interest in acquiring Letterboxd, which has a user base of 30M and is expected to be valued at $300M+ (New York Times) [43d]
In a default judgment, a US federal judge awards Nintendo of America $4.5M in damages in its lawsuit against a Reddit moderator who sold pirated Switch games (Nicole Carpenter/Aftermath) [43d]
Sources: the NSA told lawmakers it is spending billions this year to test AI models; proposals for a US AI regulatory body estimated costs of $20M-$40M per year (Jeff Stein/The Washington Sun) [43d]
Sources: the White House asked OpenAI and Anthropic not to share new models with UK's AISI until US reviews them; Anthropic appears to have agreed (Politico) [43d]
Amazon rolls out multichannel tools in Seller Central, letting US sellers manage eBay, Shopify, TikTok and Walmart sales alongside their Amazon businesses (Todd Bishop/GeekWire) [43d]
Google is testing Call for Me, which lets Gemini call businesses on behalf of users, initially for Pixel 11 users with a Gemini subscription in the US (Sarah Perez/TechCrunch) [43d]
New York AG Letitia James sues Polymarket US, alleging that the site is illegally running a gambling operation, as part of NY's crackdown on prediction markets (Kevin T. Dugan/Wall Street Journal) [43d]
At a White House summit, Xi Jinping says the US and China share the "capability and responsibility" to manage AI for good and calls for healthy competition (Financial Times) [43d]
Sources: Gen Digital, created by the 2022 merger of NortonLifeLock and Avast, has made a takeover offer for GoDaddy, which has a market cap of $12.2B (Oliver Barnes/Financial Times) [43d]
Sources: a White House memo paints effective altruism as a fringe, dangerous cult that "built the AI-doom pipeline" and places Dario Amodei at its foundation (Axios) [43d]
OpenAI discovered the Australian breach in August but didn't alert the government until September 10, when it sent an email to a generic disclosure address (Shakeel Hashim/Transformer) [43d]
Google plans to launch experimental satellite MVP on a SpaceX rocket on October 1, as part of Project Suncatcher; MVP has four TPUs and will operate for a year (New York Times) [43d]
Amazon plans to invest $100M to build a robotics manufacturing facility in Indiana, set to open by 2028; its robots at 300+ facilities help with 75% of orders (Isabella Simonetti/Wall Street Journal) [43d]
Sources: Google, OpenAI, and Anthropic plan to launch an AI safety standards body without government oversight in late 2026 or 2027, and are considering CEOs (The Information) [43d]
Sources: Oracle sent a force majeure notice to Blue Owl to delay payments on the 2.45GW Project Jupiter data center in New Mexico if it fails to launch in 2028 (Bloomberg) [43d]
ASML's European revenue share dropped to 0% in Q1 and Q2 2026, down from 1% in 2025 and 5% in 2024; ASML is urging EU authorities to create demand for EU chips (Anton Shilov/Tom's Hardware) [43d]
Qualcomm says it has extended its global licensing pact with Apple, starting in April 2027; the partnership has been shaped by an April 2019 settlement (Akash Sriram/Reuters) [43d]