Venture capital firm Sequoia Capital will participate in Anthropic’s large-scale financing round. This is a move that breaks with the traditional Silicon Valley norm of not supporting direct competitors. Sequoia is already an investor in OpenAI and xAI, and its entry into Anthropic underscores a shift in strategy as AI becomes increasingly important in technology investments.
Led by Singapore’s GIC and the US company Coatue, the financing round could raise around $25 billion for the Claude developer. This would be based on a valuation of around $350 billion. The move signals increasing portfolio diversification and a more competitive environment for AI investments.