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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.

Tue, May 26
Fri, May 29

FUNDRAISING ANNOUNCEMENTS

  • Trajectory raises $15M from Conviction to build AI agents that continuously learn on the job
  • Picogrid raises $45M Series A led by Bessemer to integrate drones, robots, and weapons systems for military
  • Pace raises $46M Series B to automate insurance back-office operations with AI agents

GUEST INTERVIEWS

  • John Gruber on Apple's WWDC moment of truth: vibe coding, Siri's Gemini secret, and software quality decline
  • Kyle Kuzma on VC investing: following smart money, American Dynamism, and the SpaceX bull case
  • Brad Gerstner on SpaceX IPO, Anthropic's historic growth, the SaaS multiple reckoning, and Trump Accounts launching July 4

NEWS

  • Blue Origin's New Glenn rocket explodes during static fire test, destroying launch pad

COMMENTARY

  • Enterprise AI token spend hits ROI reckoning as Meta, Uber, AWS blow through budgets