New leaders, new fund: Sequoia has raised $7B to expand its AI bets

New leaders, new fund: Sequoia has raised B to expand its AI bets

New leaders, new fund: Sequoia has raised $7B to expand its AI bets

Admin2 months ago03 mins

Few venture firms have bet more aggressively on AI than Sequoia Capital, and it isn’t slowing down. The Silicon Valley stalwart has raised roughly $7 billion for a new fund, according to Bloomberg. Sequoia declined TechCrunch’s request for comment. The money will go toward what the firm calls its “expansion strategy” — essentially its late-stage…

Physical Intelligence is reportedly in talks to raise billion, again

Physical Intelligence is reportedly in talks to raise $1 billion, again

Admin2 months ago02 mins

Physical Intelligence, the two-year-old San Francisco robotics startup, is in discussions to raise about $1 billion in new funding at a valuation exceeding $11 billion, according to Bloomberg. The deal would effectively double the company’s $5.6 billion valuation in just four months. Founders Fund is set to participate with Lightspeed Venture Partners also in talks…