Elon Musk's xAI, formerly known as OpenAI, is on the verge of securing a whopping $6 billion from investors, including renowned venture capital firm Sequoia Capital and others, the Information reported.
According to the US-based business publication, the startup, spearheaded by Musk, is set to...
Sequoia Capital decreased the size of its cryptocurrency fund from $585 million to $200 million, the Wall Street Journal reported on Thursday. In addition, it cut its ecosystem fund, used to invest in other venture funds, by half to $450 million, people familiar with the matter told the WSJ.
The...
Sequoia Capital will split its business into three different, independent units amid growing geopolitical rivalry between China and the US, the Wall Street Journal reported Tuesday after seeing a note to investors.
The private equity firm told investors that each unit will be differentiated with a distinct...
Cybersecurity firm Wiz announced on Monday that it raised $250 million in funding at a valuation of $6 billion.
The private investment round was led by Insight Partners and Greenoaks, with Sequoia Capital, Salesforce, and others also participating.
This marks the Israeli company's second investment...
Online grocery platform Instacart announced on Tuesday it reached a valuation of $39 billion following an investment round in which it raised $265 million.
The company said it plans to use the funding, provided by Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company...
American software developer Sequoia Holdings LLC announced that its employees can now choose to receive a part of their salary in cryptocurrencies.
T. Richard Stroupe, co-founder and CEO of Sequoia stated: "We're excited to offer the members of our team this new benefit. Many...
General Atlantic growth equity firm and venture capital company Sequoia Capital, who hold major stock in ByteDance Ltd., are looking to be a part of a deal for selling the US operations of the company's video-sharing app, TikTok, to an American tech firm.
The two investment companies have been...
American multinational chain of coffeehouses Starbucks Corporation said on Monday it entered a strategic partnership with investment firm Sequoia Capital China with which it plans to make different investments in the country’s tech sector.
The company stated it hopes this collaboration will add...
Self-driving startup Aurora Innovation Inc. announced on Thursday it raised more than $530 million in a Series B finance round led by Sequoia Capital, bringing up the company's valuation near $2.5 billion. Other Series B investors include Amazon.com Inc. and T. Rowe Price Group Inc., while Greylock...
Turmoil in the markets hasn't stopped Innovent Biologic Inc.'s plans for an initial public offering, according to media reports. Documents showed the cancer and HIV treatment developer based in Suzhou and Shanghai set a price range of HK$12.5 to HK$14, or $1.6 to $1.8, with the aim to issue 326...
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