Sequoia Breaks Ranks to Back Anthropic in $25 Bn Mega Round: Report
By Pallavi Chakravorty
Sequoia Capital is joining Anthropic's $25 billion funding round alongside GIC and Coatue, valuing the AI startup at $350 billion—more than double its $170 billion valuation from just four months ago. This marks a notable strategic shift as Sequoia already backs competitors OpenAI and xAI.