The Brutalist Report - techmeme
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- Valve announces changes to Steam's review process, as a surge in game submissions pushes review times to "up to 12 business days", instead of the usual 3-5 days (Jay Peters/The Verge) [3d]
- Traversal, which provides AI agents for site reliability engineering, raised $120M co-led by Kleiner Perkins, Redpoint, and Khosla at a $1B valuation (Rashi Shrivastava/Forbes) [3d]
- Block reports Q3 revenue up 10% YoY to $6.7B, above est., Cash App gross profit up 27% to $2.07B, raises its full-year profit outlook; XYZ jumps 5%+ after hours (Reuters) [3d]
- Canva says it is restructuring, which will impact 1,271 workers, or 22% of its workforce, as it merges its product, growth, and platform teams (David Swan/The Age) [3d]
- Revolut says it cut AI coding inference costs by ~90% in less than a year by making self-hosted GLM models its default over commercial tools like Claude Code (Tobias Mann/The Register) [3d]
- Super Micro reports Q1 revenue up 298% YoY to $19.95B, vs. $16.39B est., and forecasts Q2 revenue above estimates; SMCI jumps 7%+ after hours (Reuters) [3d]
- AMD reports Q3 revenue up 45% YoY to $13.38B, vs. $13.09B est., Data Center revenue up 97% to $8.5B, forecasts Q4 revenue above est.; AMD jumps 7%+ after hours (Katie Tarasov/CNBC) [3d]
- Sources: Ubisoft and at least two other gaming companies made offers to Microsoft to acquire the French game developer Arkane Studios (Jason Schreier/Bloomberg) [3d]
- Anthropic releases FlashProve, open-source code that cryptographically verifies an AI response came from a given model, not a cheaper one swapped in by a router (Anthropic) [3d]
- OpenAI hires Jill Hazelbaker, Uber's president and chief corporate affairs officer, as its new chief corporate affairs officer, reporting to Greg Brockman (Mike Allen/Axios) [3d]
- Apple launches iOS 27.3 beta, adding Apple Intelligence in China with an Alibaba-powered content filter, and watchOS 27.3 beta, with Siri Recap and Live Rewind (Bloomberg) [3d]
- Sources: US has held up approval for American chipmaking equipment needed by SK Hynix to expand in China, complicating its plans for new plants in New York (Karen Freifeld/Reuters) [3d]
- CrowdStrike launches an AI kill switch in Falcon Guardian to stop rogue internal agents, and announces a Falcon Guardian integration with Claude Cowork (Samantha Subin/CNBC) [3d]
- Apple opens Siri AI to all developers with iOS 27.3 and other 27.3 OS betas, letting any app bring its content and actions into Siri AI by using App Intents (Apple Developer) [3d]
- A look at efforts by OpenAI, Anthropic, and others to prevent anyone from using their AI tools to disrupt midterms, including Anthropic's first-ever "war room" (Steven Lee Myers/New York Times) [3d]
- Sources: Meta eyes at least $20B from a potential cross-border bond offering, the company's first major debt sale in six months and its debut offering in euros (Bloomberg) [3d]
- AI inference startup Fal raised $1.3B led by Bessemer at a $16B valuation, up from $8B in April; a source says it hit $800M in annualized revenue this year (Natasha Mascarenhas/Bloomberg) [3d]
- Sources: UK-based Google DeepMind staff urge leaders to drop non-disparagement clauses barring public warnings about AI risks even after they leave the company (Gerrit De Vynck/Washington Post) [3d]
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