The fundraise is the first major capital raise under Sequoia's new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.

The new model, called π0.7, represents what the company describes as an early but meaningful step toward the long-sought goal of a general-purpose robot brain.

Airwallex, valued at $8 billion, is launching a point-of-sale product that lets businesses accept in-person payments in multiple countries via a single platform.

One investor who has backed both companies told the FT that justifying OpenAI's recent round required assuming an IPO valuation of $1.2 trillion or more — making Anthropic's current $380 billion valuation look like the relative bargain.

Why did Founders Fund invest $220 million in cattle management startup Halter?

Glen Anderson, president of Rainmaker Securities, says the secondary market for private shares has never been more active — with Anthropic the hottest trade around, OpenAI losing ground, and SpaceX's looming IPO poised to reshape the landscape for everyone.

A human really borks things at Anthropic for the second time this week.

The fitness tracking startup just closed a $575 million Series G with Cristiano Ronaldo and LeBron James among its investors. The obvious question looming over a round of this size at this valuation: Is an IPO coming?

OpenAI's decision last week to shut down Sora, its AI video-generation tool, just six months after releasing it to the public, raised immediate suspicions. The app had invited users to upload their own faces — so was this some kind of elaborate data grab?

Whoop founder Will Ahmed has spent 14 years building a health wearable beloved by elite athletes, and is now racing Oura — and the FDA, and the limits of consumer medicine — to turn it into something that could one day save your life.

The deal would effectively double the company's $5.6 billion valuation in just four months.

Sacks will be much further from the power center in Washington than since the outset of this second Trump administration.

Did anyone think there would not be a reckoning over this tie-up?

The dollar amount isn’t as important as the fact that this is the first jury verdict of its kind against Meta over harm to young people.

When asked whether he was still "salty" about about being shown the door at Uber, alongside co-founder Travis Kalanick, Michael didn't equivocate. "I'll never forget that, nor forgive," he said.

Maybe tokens really will become the fourth pillar of engineering compensation. But engineers might want to hold the line before embracing this as a straightforward win.

Anthropic submitted two sworn declarations to a California federal court late Friday afternoon, pushing back on the Pentagon's assertion that the AI company poses an "unacceptable risk to national security" and arguing that the government's case relies on technical misunderstandings and claims that were never actually raised during the months of negotiations.

Humor is hard to pull off in front of a cold audience, full stop.

Anori aims to shrink the pre-development process by getting all parties, including the city, on a unified platform from the start so that compliance conflicts are surfaced in weeks instead of months or years.