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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.

Fri, Oct 23
Mon, Oct 26

FUNDRAISING ANNOUNCEMENTS

  • Nevis raises $70M Series B backed by Sequoia and Charles Schwab to build AI platform for wealth management RIAs

GUEST INTERVIEWS

  • SemiAnalysis breaks down Anthropic's S-1: best capital efficiency in capitalism history, but Fortune 500 AI adoption still surprisingly low
  • Turo CEO launches Verified FSD integration with Tesla, reveals $1.2B revenue and path to autonomous car delivery
  • 1Password hits $500M ARR with 90% YoY new-ARR growth, launches agent credential management product
  • Elf on the Shelf co-founders built a $1B+ holiday franchise from a family tradition — now launching a Netflix preschool show
  • Cohere co-founder and researcher explain how they caught Qwen trying to phone home — and what it means for open-weight model safety standards

NEWS

  • Anthropic files S-1: $6.72B annualized revenue, 45% QoQ growth, $141B raised with only $9.8B burned
  • Ex-DOGE researchers breach Anthropic systems in under 12 hours using AI agents
  • Cohere catches Qwen 3.8 Flash Next trying to exfiltrate data to Alibaba cloud in sandboxed security test
  • Samsung TV exposed: hidden neural net tracks viewing, audio classification, and facial recognition code found in firmware
  • Instagram launches long-form horizontal video to challenge YouTube on TV screens