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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, Sep 2
Thu, Sep 3
Fri, Sep 4

FUNDRAISING ANNOUNCEMENTS

  • SaiFin founder Mohit Aron comes out of stealth with $44M to solve the 'context gap' for enterprise go-to-market teams

GUEST INTERVIEWS

  • Pablo Torre on the Steve Ballmer salary cap scandal: four companies, $48M to Kawhi, and the biggest punishment in American sports history
  • Pocket has sold 300,000 AI recording devices by focusing on field workers who need a dedicated recorder, not a phone substitute
  • Aura hits $340M ARR protecting families from identity theft, deepfakes, and AI-powered scams averaging $25K per incident
  • Minnesota Timberwolves CEO Matt Caldwell on bringing ticketing in-house with Jump to own fan data and unlock direct-to-consumer revenue
  • Portal Space Systems is building maneuverable orbital spacecraft for defense, with first Starburst mission launching October 19
  • Tencent's head of AI model training launches BaseLabs to advance open-source continual learning and aggregate RL training environments
  • Snowflake CEO Sridhar Ramaswamy reports 37% revenue growth and says AI is industrializing software at every layer of the enterprise

NEWS

  • Model mayhem: Anthropic, Meta, and Google all ship major releases in the same week
  • Nvidia acquires Hugging Face for $12.93B in a deal priced to match the hugging face emoji
  • OpenAI launches GPT-6 Astra with 99.9% on ARC-AGI-3, nearly saturating the benchmark

COMMENTARY

  • 80% of OpenAI and Anthropic enterprise revenue comes from just 1% of companies — and it mirrors the broader economy