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Every weekday we send you summaries of the latest fundraises, interviews and tech news in Silicon Valley from TBPN — technology's daily show.

Mon, May 11
Tue, May 12

FUNDRAISING ANNOUNCEMENTS

  • Forus raises $160M at a $1B valuation to use AI to help patients access expensive medications faster
  • Monaco raises a Series B from Benchmark and Founders Fund as the AI-native CRM blows past early revenue targets
  • A Star closes $450M Fund III to back AI application layer and seed-stage founders globally
  • Judgment Labs raises a Series A to help agent-native startups improve long-horizon agents from production data
  • Cinder raises $41M to help platforms fight AI-powered abuse using the team's ex-Meta threat intelligence expertise

GUEST INTERVIEWS

  • Doomberg on why oil is still cheap despite the Strait of Hormuz closure and what it means for AI data centers
  • Condé Nast CEO Roger Lynch on why legacy brand authority is a competitive moat in the AI content era

NEWS

  • Sam Altman takes the stand in OpenAI vs. Musk trial as both sides land punches
  • Anthropic cracks down on unauthorized secondary stock sales as SPV frenzy reaches cab driver territory
  • Thinking Machines Lab launches interaction models with native full-duplex audio and video
  • eBay rejects GameStop's $55B takeover bid as 'neither credible nor attractive'
  • Byron Allen acquires BuzzFeed for $120M, becomes CEO as Jonah Peretti moves to President of AI