Todd Gillespie / Bloomberg:
Rogo, which uses AI to help lighten junior bankers' workloads, raised a $160M Series D led by Kleiner Perkins at a $2B valuation, up from $750M in January  —  Rogo, started by young bankers around a kitchen table in 2021, just won a multibillion-dollar valuation

The California governor’s race isn’t just important for Californians. At a moment where the federal government is sabotaging American democracy from within, the question of how the leader of the union’s wealthiest and most populous state responds — and the ways they use their powers to challenge federal authority — has major implications for the country. […]

Financial Times:
Sources: OpenAI has, in practice, abandoned its Stargate JV in favor of large bilateral deals; execs say its guiding principle remains to “build more compute”  —  Chief executive Sam Altman's flexible approach to infrastructure projects is unsettling partners but boosting computing lead

The Munich techbio company is developing a live bacterial product designed to enhance immune checkpoint inhibitor response in advanced melanoma, with a Phase 1B study planned for 2027 mbiomics GmbH, a Munich-based techbio company developing microbiome-based therapeutics, has completed the third and final closing of its Series A funding round, bringing the total raised to […]

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Patrick Coffee / Wall Street Journal:
Hightouch, which uses AI to help marketers create and manage campaigns, raised $150M led by Goldman Sachs and Bain at a $2.75B valuation, up from $1.2B in 2025  —  The Trade Desk also invested in Hightouch, which is now valued at $2.75 billion  —  Hightouch, a platform that uses generative AI …