Sequoia to Invest in Anthropic, Breaking Silicon Valley Norms
Sequoia Capital is reportedly joining a major funding round for Anthropic, the AI startup behind Claude, according to the Financial Times. The move marks a rare departure from Silicon Valley tradition, as Sequoia is already a longtime backer of OpenAI. Historically, major venture capital firms avoid funding direct competitors in the same market to mitigate conflict of interest. Sequoia’s participation signals escalating investor confidence in Anthropic’s potential within the generative AI race.
This underlines the intensifying competition between top AI players and suggests VCs are no longer content to back a single winner in AI.
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