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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.

Wed, Jun 10
Thu, Jun 11
Fri, Jun 12

FUNDRAISING ANNOUNCEMENTS

  • Neura Robotics raises $1.4B to build cognitive humanoid robots and a global robot training gym network
  • Allen Control Systems raises $200M at $2B valuation for Bullfrog, its AI-powered counter-drone weapon system
  • TensorWave raises $350M Series B to build AMD-exclusive AI supercomputing infrastructure
  • Minerva raises $20M to unify consumer brand first-party data and power AI-driven marketing
  • Base10 Partners closes $850M fund focused on AI automation for the real economy
  • Fundamental raises $275M for a foundation model for tabular data and is using the World Cup to benchmark it against sports books

GUEST INTERVIEWS

  • Navan CEO Ariel Cohen on 40% revenue growth, AI-powered travel booking, and building proprietary models for 30% of calls

NEWS

  • Bezos raises $12B Series B for Prometheus, an industrial AI startup targeting 'artificial general engineer'
  • Four-year U.S. trucking slump is officially over as dry van spot rates surge 52% year-over-year
  • Anthropic reverses course on Claude 4 safeguards after public backlash, will now make restrictions visible
  • SpaceX IPO draws over $100B in retail orders ahead of tomorrow's pricing
  • Lionsgate takes equity stake in Runway and launches joint IP development venture
  • CAA and TPG pledge $250M to Compound Creative Holdings, a new fund backing YouTube and podcast creators
  • Thrive Capital raises $10B fund — nearly double its last — with concentrated bets on OpenAI, Stripe, SpaceX, and Anduril