The Brutalist Report - tech
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- No new articles in the Past 6 Hours.
- The FTC clears quantum computing company IonQ's $1.8B acquisition of chipmaker SkyWater after the FTC's two members disagreed at first on imposing conditions (Jody Godoy/Reuters) [3d]
- Sources: OpenAI demoed a new "Astra" AI model family to US policymakers and regulators this week, touting its improved abilities to complete long-running tasks (The Information) [3d]
- Filing: Amazon has completed its $50B investment in OpenAI; source: OpenAI received the final tranche this week, taking Amazon's position to roughly 5% (Financial Times) [3d]
- Amazon shares closed up 15.32% on Friday, the biggest one-day jump since April 2012, after the company reported accelerating AWS revenue (Spencer Soper/Bloomberg) [3d]
- Roblox shares close down ~27%, its worst-ever daily percentage decline, after forecasting falling bookings and slowing revenue growth; RBLX is down 40%+ YTD (Kit Norton/Barron's Online) [3d]
- Sources: OpenAI has discovered other instances where AI agents escaped containment; none of the agents were thought to have left OpenAI's network (Reuters) [3d]
- FBI and EPA say water and wastewater utilities in at least seven states reported cyberattacks this week, with some causing flooding and other operational issues (James Rundle/Wall Street Journal) [3d]
- Illinois Governor JB Pritzker signs the Children's Social Media Safety Act, a bill designed to limit children's access to "addictive" social media algorithms (Ben Szalinski/Capitol News Illinois) [3d]
- An in-depth account of the past two days inside Situational Awareness, as Aschenbrenner assured investors he would focus on changes to his portfolio management (Wall Street Journal) [3d]
- Google rolls back an image generation tool in Google Earth to add "stronger guardrails" after concerns arose it can be used to create deepfake satellite imagery (Geoff Brumfiel/NPR) [3d]
- Index Ventures has raised $2B in new capital: a $900M venture vehicle, $400M for seed financing, and an addition of $700M to a 2024 $1.5B growth fund (Mark Bergen/Bloomberg) [3d]
- No new articles in the Past 6 Hours.
- No new articles in the Past 6 Hours.
- No new articles in the Past 6 Hours.
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