OpenAI CEO Sam Altman laid out a big vision for the future of ChatGPT at an AI event hosted by VC firm Sequoia earlier this month. When asked by one attendee about how ChatGPT can become more personalized, Altman replied that he eventually wants the model to document and remember everything in a person’s life.…
Category: Sequoia Capital
AI, coatue, Fundraising, Global Security News, Harvey, Kleiner Perkins, legaltech, openai, Sequoia Capital
Harvey reportedly in discussions to raise $250M at $5B valuation
Harvey AI is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported
Exclusive, Fintech, Global IT News, Global Security News, nuvo, Sequoia Capital, Startups
Nuvo, a network for B2B trade, has nabbed $34M from Sequoia and Spark Capital
Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses, has raised a $34 million Series A from Sequoia Capital and Spark Capital, it tells TechCrunch exclusively. The San Francisco-based startup previously raised $11 million in an undisclosed seed round led by Founders Fund and Index Ventures…
defense tech, Global Security News, mach industries, Sequoia Capital, Startups
How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment
As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia…
Fundraising, Global IT News, Global Security News, Greylock Partners, Mike Vernal, Sarah Guo, Sequoia Capital, Venture
Guo’s Conviction Partners adds Mike Vernal as GP, raises $230M fund
When in mid-2022 Sarah Guo left Greylock to launch her own AI-focused fund, Conviction Partners, she indicated that she was tagging the word “Partners” to the firm’s name because she would eventually bring on other GPs. Now, more than two years later, Guo is being joined by Mike Vernal, who was a partner at Sequoia…
Europe, Global Security News, Klarna, London, matt miller, Sequoia Capital, Venture, venture capital
Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year
The writing was on the wall, seemingly. Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics…