Paradigm Closes $1.2B Fund to Expand Into AI and Robotics
Crypto-focused venture firm Paradigm has closed a $1.2 billion fund, its first with a mandate extending beyond digital assets into artificial intelligence and robotics.
#SequoiaCapital
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Sequoia Capital
Sequoia Capital is an American venture capital firm known for investing in technology companies from seed stage through growth and public-market phases.
AI Legal Platform Harvey Raises $200M, Hits $11B Valuation
By
Samantha Reed
• 2 mins read
Harvey raised $200 million at an $11 billion valuation, highlighting investor demand for AI applications in specialized industries like legal services.
Sequoia-Backed AI Startup Shuts Down, Entire Team Joins Microsoft
By
Samantha Reed
• 1 min read
AI collaboration startup Cove is shutting down as its team joins Microsoft, signaling continued consolidation in the AI productivity tools market.
AI Mega-Rounds Blur Allegiances: OpenAI Investors Double Down on Anthropic
By
Maria Konash
• 3 mins read
As OpenAI nears a $100 billion round and Anthropic closes a $30 billion raise, overlapping investors are challenging traditional venture capital norms around exclusivity and loyalty.
Former DeepMind Researcher Makes $1 Billion Bet on Self-Learning AI
By
Daniel Mercer
• 2 mins read
Former DeepMind researcher David Silver has raised $1 billion for London-based Ineffable Intelligence, aiming to build a superintelligence that learns autonomously through experience.
ElevenLabs Raises $500 Million, Valuation Hits $11 Billion
By
Maria Konash
• 1 min read
Voice AI startup ElevenLabs raised $500 million in a new funding round led by Sequoia Capital, tripling its valuation to $11 billion and signaling expansion beyond voice.
Anthropic Reportedly Doubles Funding Target to $20 Billion
By
Maria Konash
• 1 min read
Anthropic raises its funding target to $20 billion, with investors including Sequoia, Singapore’s sovereign wealth fund, and Coatue, boosting its valuation to $350 billion.
Sequoia Joins GIC, Coatue in $25B Anthropic Funding Round
By
Samantha Reed
• 1 min read
Anthropic aims to raise $25B in a new round with Sequoia, GIC, and Coatue, reflecting soaring demand for AI and a $350B valuation for the Claude chatbot maker.