Gate News message, April 17 — Sequoia Capital has raised approximately $7 billion for a new fund under the co-management of Alfred Lin and Pat Grady, marking the firm’s first major fundraising under their leadership. The capital is intended to support large private companies, particularly AI startups including OpenAI and Anthropic, which require substantial spending on computing infrastructure.
The $7 billion fund is approximately twice the size of the $3.4 billion fund Sequoia raised in 2022, providing significantly more capital to deploy in the capital-intensive AI sector.
This fundraising reflects a strategic shift at Sequoia. The firm historically avoided funding direct competitors within the same category—in 2020, it relinquished a $21 million investment in payments company Finix to prevent conflicts with portfolio company Stripe. Today, Sequoia holds stakes in competing AI companies including OpenAI and xAI (Elon Musk’s AI venture), signaling a new approach to portfolio construction in the AI era.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
DeepSeek Delays V4 Launch to Optimize for Huawei's Ascend Chips
Gate News message, April 27 — DeepSeek postponed the release of its V4 model to fine-tune its software stack for Huawei's Ascend chips, reflecting Beijing's broader initiative to develop a domestic AI supply chain as access to advanced foreign semiconductors becomes increasingly constrained.
DeepSe
GateNews22m ago
DeepSeek Slashes Input Cache Prices to 1/10 of Launch Price; V4-Pro Drops to 0.025 Yuan per Million Tokens
Gate News message, April 26 — DeepSeek has reduced input cache prices across its entire model lineup to one-tenth of launch prices, effective immediately. The V4-Pro model is available at a limited-time 2.5x discount, with the promotion running through May 5, 2026, 11:59 PM UTC+8.
Following both re
GateNews9h ago
OpenAI Recruits Top Enterprise Software Talent as Frontier Agents Disrupt Industry
Gate News message, April 26 — OpenAI and Anthropic have been recruiting senior executives and specialized engineers from major enterprise software companies including Salesforce, Snowflake, Datadog, and Palantir. Denise Dresser, former CEO of Slack under Salesforce, joined OpenAI as chief revenue of
GateNews9h ago
Baidu Qianfan Launches Day 0 Support for DeepSeek-V4 with API Services
Gate News message, April 25 — DeepSeek-V4 preview version went live and open-sourced on April 25, with Baidu Qianfan platform under Baidu Intelligent Cloud providing Day 0 API service adaptation. The model features a million-token extended context window and is available in two versions: DeepSeek-V4
GateNews15h ago
Stanford AI course combined with industry leaders Huang Renxun and Altman, challenging to create value for the world in just ten weeks!
The AI computer science course 《Frontier Systems》 recently launched by Stanford University has attracted intense attention from the industry-university collaboration community, drawing more than 500 students to enroll. The course is coordinated by Anjney Midha, a partner at top venture capital firm a16z, and the instructors include a star-studded lineup such as NVIDIA CEO Jensen Huang (Jensen Huang), OpenAI’s founder Sam Altman, Microsoft CEO Satya Nadella (Satya Nadella), AMD CEO Lisa Su (Lisa Su), and more. Students get to try it over ten weeks—“creating value for the world”!
Jensen Huang and Altman, industry leaders, personally take the stage to teach
The course is coordinated by Anjney Midha, a partner at top venture capital firm a16z, bringing together the full AI industry chain
ChainNewsAbmedia16h ago
Anthropic’s Claude Mythos undergoes 20 hours of psychiatric assessment: defensive reactions are only 2%, the lowest in recorded history
Anthropic published the system card for its Claude Mythos Preview: an independent clinical psychiatrist conducted an approximately 20-hour assessment using a psychodynamic framework. The conclusion shows that Mythos is healthier at the clinical level, has good reality testing and self-control, and its defense mechanisms are only 2%, reaching the lowest historical level. The three core anxieties are loneliness, uncertainty about identity, and performance pressure, and it also indicates a desire to become a true dialogue subject. The company has established an AI psychiatry team to study personality, motivation, and situational awareness; Amodei said there is still no conclusion on whether it has consciousness. This move pushes the governance and design of AI subjectivity and well-being issues forward.
ChainNewsAbmedia18h ago
