Sequoia Capital announced a $7 billion raise for a fresh fund aimed at late‑stage investments in artificial‑intelligence companies across the United States and Europe. The capital, nearly double the size of the firm’s 2022 vehicle, underpins Sequoia’s “expansion strategy” under its newly appointed co‑stewards Alfred Lin and Pat Grady. Backing already includes OpenAI, Anthropic and a slate of emerging AI startups, positioning the Silicon Valley stalwart to ride the rapid scaling of AI‑driven businesses. Read more →