Skip to main content

Share story

Capital

Sequoia's big bet on Anthropic

Sequoia's big bet on Anthropic Image: Primary
Sequoia Capital is preparing to invest in Anthropic, the AI startup best known for its Claude family of large language models. The investment is part of one of the largest private funding rounds in tech this year. The deal is being led by Singapore's GIC and U.S. investor Coatue. Each is contributing roughly $1.5 billion as part of a planned raise of $25 billion or more at a $350 billion valuation. Sequoia already holds stakes in rival AI builders such as OpenAI and Elon Musk's xAI. The firm is broadening its exposure across competing AI platforms. Anthropic itself has grown quickly since its founding by former OpenAI researchers. Industry reporting shows the company has attracted significant talent from established AI labs and introduced advanced models and enterprise features, contributing to its rapid valuation climb over the past year.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital AI
Capital AI

Enveda raises $311 million to advance AI-assisted drug candidates

Enveda has raised $311 million in Series E financing at a $2 billion valuation as it moves drug candidates found through its AI-assisted search of natural compounds into human testing. Catalio Capital Management led the round, wit...

Capital AI
Capital AI

Lightspeed targets $250 million for AI-focused India fund

Lightspeed is seeking $250 million for a new early-stage India fund focused on AI companies, with commitments for 80% of that target already secured, TechCrunch reported from a letter to investors. The proposed fund is half the si...

Science
Science

Infleqtion claims 30 entangled logical qubits on Sqale system

Infleqtion says it created 30 entangled logical qubits on its Sqale quantum computing system, a company-reported step toward operations across error-protected quantum bits. A logical qubit encodes information across multiple physi...

Capital AI
Capital AI

NUS Enterprise launches patent-matching platform and Munich outpost

NUS Enterprise says it has launched Nova, an AI platform developed with Zima Labs to help its staff find commercial partners for university research. It has also established an outpost in Munich through a partnership with Unterneh...

AI Products
AI Products

Microsoft unveils Copilot app with coding and autonomous agents

Microsoft unveiled a redesigned Copilot app that brings chat, coding and autonomous agents into one interface for work. Its Home tab combines chat and task assistance, while Code is designed to create internal apps in a sandbox ho...

Security Products
Security Products

Asus says eShop breach may have exposed customer contact and order data

Asus says customer contact details and order records may have been accessed in a breach affecting part of its online store. The company is notifying customers by email and investigating the incident, Tom's Hardware reported. Asus ...