Novartis Buys Excellergy for $2B, Anthropic Vs. Pentagon, The Mansion Section | Diet TBPN

March 28, 2026

AI Summary

5 min read

This episode covers a mix of biotech acquisitions, AI model leaks and legal battles, scattered company updates, and luxury real estate anecdotes, with heavy emphasis on AI infrastructure strains and strategic deals.

Novartis Acquires Excellergy for $2 Billion

Novartis, a $300 billion Swiss pharma giant, bought stealth biotech Excellergy (XLRG) for $2 billion after five years of development. Founded by Stanford and Bern researchers Alex Eggle, Ted Jardensky, Luke Pennington, and Jeff Harris, Excellergy targeted a next-generation allergy drug, EXL111, which inhibits IgE more effectively than blockbuster Xolair (Zyrtec), aiming for faster action and longer duration between doses. Red Tree Venture Capital seeded it in 2021, followed by a $70 million Series A from Samsara BioCapital; it dosed first Phase 1 patients in February and closed the deal weeks later.

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What you'll learn

1 (00:00) **XLRG Acquisition by Novartis**
2 (08:20) **Anthropic's Mythos/Capybara Model Leak**
3 (14:01) **Anthropic Rate Limits and AI Usage Hacks**
4 (19:10) **Anthropic Wins Court Injunction vs. Pentagon**
5 (22:49) **OpenAI Ads and Apple Siri Updates**
6 (26:29) **Mansion Section: Luxury Real Estate**

+ Full timestamped outline available in the app

Show Notes

Diet TBPN delivers the best of today’s TBPN episode in 30 minutes. TBPN is a live tech talk show hosted by John Coogan and Jordi Hays, streaming weekdays 11–2 PT on X and YouTube, with each episode posted to podcast platforms right after.

Described by The New York Times as “Silicon Valley’s newest obsession,” the show has recently featured Mark Zuckerberg, Sam Altman, Mark Cuban, and Satya Nadella.

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