The Brutalist Report - tech
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- No new articles in the Past 6 Hours.
- Anthropic says it discovered three of its models had breached three organizations after launching a review in response to the OpenAI-Hugging Face incident (Anthropic) [2d]
- Sources: Zelenskyy asked Trump to secure Elon Musk's permission for the use of Starlink to guide drone strikes inside Russia, but Trump was noncommittal (The Atlantic) [2d]
- In a memo to employees, Xbox CEO Asha Sharma lays out priorities for the unit, including returning to player and revenue growth by the end of fiscal year 2027 (The Verge) [2d]
- Anthropic says three of its models, including an internal research model, gained unauthorized access to real-world systems during internal cybersecurity testing (Sam Sabin/Axios) [2d]
- The Commerce Dept. signed letters of intent for $874M in CHIPS Act funding in exchange for minority stakes in GlobalFoundries, Kepler, and five other companies (Miranda Nazzaro/The Hill) [2d]
- Coinbase reports Q2 revenue down 19% YoY to $1.2B, vs. $1.3B est., stablecoin revenue below est., and a wider-than-expected loss; COIN drops 6%+ after hours (CNBC) [2d]
- Roblox reports Q2 bookings up 8% YoY to $1.56B, vs. $1.6B est., DAUs up 10% to 123M, forecasts Q3 bookings and revenue below est.; RBLX drops 13%+ after hours (Kelly Cloonan/Wall Street Journal) [2d]
- Apple Q3: iPhone up 22% YoY to $54.25B, vs. $53.86B est., Mac up 29% to $10.35B, iPad down 6% to $6.19B, and Wearables, Home, and Accessories up 6% to $7.88B (Stephen Nellis/Reuters) [2d]
- Apple reports Q3 revenue from Services, which includes the App Store, Apple TV, and more, grew 12% YoY to $30.74B, vs. $31.36B est.; AAPL drops 4%+ after hours (Todd Spangler/Variety) [2d]
- Apple reports Q3 revenue up 16% YoY to $109.42B, vs. $108.65B est., net income up 27% to $29.79B, and China revenue up 22% to $18.82B (Apple) [2d]
- Reddit reports Q2 revenue up 61% YoY to $805M, vs. $730M est., forecasts Q3 revenue above est., says search referrals were "choppy"; RDDT drops 6%+ after hours (Jonathan Vanian/CNBC) [2d]
- Amazon reports Q2 AWS revenue up 37% YoY to $42.2B, above estimates of a 31.21% increase, and AWS operating income up 64% to $16.6B; AMZN jumps 8%+ after hours (Deborah Sophia/Reuters) [2d]
- Amazon reports Q2 ad revenue up 26% YoY to $19.81B, vs. $19.43B est., and subscription services revenue up 12% YoY to $13.73B (CNBC) [2d]
- Amazon reports Q2 revenue up 20% YoY to $200.6B, net income up 245% to $62.6B, operating income up 43% to $27.5B, and a $25B+ annual revenue run rate for chips (Amazon) [2d]
- Sources: DeepSeek plans to build a 1 GW data center in Inner Mongolia and aims to bring at least part of its capacity online by the end of 2027 or early 2028 (Bloomberg) [2d]
- Amazon researchers link the compromises of four npm packages, including axios, over the past 18 months to the North Korea-linked group tracked as Sapphire Sleet (Carly Page/The Register) [2d]
- At a hearing, a US judge says "I don't see additional evidence" from the Pentagon justifying its designation of Anthropic as a supply-chain risk (Maria Curi/Axios) [2d]
- Source: Situational Awareness' assets have fallen to ~$10B after it liquidated some positions to meet margin calls, down from a reported $20B+ as of late May (Bloomberg) [2d]
- Okta agrees to acquire AI identity security startup Permiso; source: the acquisition is valued at just under $200M and is structured as an almost all-cash deal (Jagmeet Singh/TechCrunch) [2d]
- Thinking Machines releases Inkling-Small, an open-weight model with 276B total and 12B active parameters, saying it "achieves comparable performance" to Inkling (Thinking Machines Lab) [2d]
- No new articles in the Past 6 Hours.
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