Sequoia Capital - Truenewj

Anthropic Reaches 5 Billion Valuation as Series H Adds Billion for AI Expansion

Anthropic Reaches $965 Billion Valuation as Series H Adds $65 Billion for AI Expansion

amefika1 week ago02 mins

Anthropic has raised $65 billion in funding, bringing the Claude maker to a post-money valuation of $965 billion as enterprise demand for cutting-edge AI continues to draw greater capital funds into computing, cloud capabilities and model development. The Series H round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with a long list…

Sequoia partner says there is too much venture capital and not enough companies to invest in: “It is a risk without return”

amefika8 months ago03 mins

Roelof Botha said there is too much venture capital and not enough profitable companies to invest in. He said the venture capital industry struggles to achieve expected returns. “Investing in risky companies is a risk without return,” he said. Not even a veteran Silicon Valley investor can make the numbers behind venture capital add up….