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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, Jul 15
Thu, Jul 16

FUNDRAISING ANNOUNCEMENTS

  • Senra Systems raises $65M Series B to automate the $165B wire harness market for aerospace and defense

GUEST INTERVIEWS

  • Benchmark's Everett Randle on house money, open-source AI risk, and why app companies building internal research teams is a mistake
  • Ramp launches token spend management as AI costs hit 10% of payroll, growing 21x in a year
  • Roblox CEO David Baszucki unveils Build, an in-app AI game creator targeting all 130M+ daily users

NEWS

  • Anthropic says it's shutting down millions of distillation accounts per week as Chinese lab accusations escalate
  • Mira Murati's Thinking Machines Lab launches first open-weight AI model, 'Inkling'
  • California Forever loses $3.2B Saronic shipyard to Texas as approval delays prove fatal
  • TSMC beats earnings and pledges additional $100B US investment, but markets drop on spending fears
  • Eli Lilly acquires psychedelics firm Atai Beckley for $2.8B