Sequoia Capital planning billon dollar investment in Claude-maker Anthropic

Group 1 - Sequoia Capital is planning to invest in Anthropic, aiming for a fundraising effort that could reach "tens of billions of dollars" [1] - The fundraising round is led by Singapore's GIC and US investor Coatue, each committing $1.5 billion [1] - Anthropic aims to raise $25 billion or more, valuing the company at $350 billion, which would more than double its valuation from four months ago [2] Group 2 - Microsoft and Nvidia have pledged up to $15 billion combined, with additional contributions expected from other venture capital firms and investors [2] - The fundraising talks are ongoing, and the final total may change, with expectations for the round to close in the coming weeks [3] - Sequoia's participation follows a leadership transition at the firm, with new co-leaders Pat Grady and Alfred Lin [4] Group 3 - Sequoia has previously invested in major companies like Google, Apple, and Airbnb, and holds stakes in competitors OpenAI and xAI, indicating a shift towards supporting multiple rivals in the AI sector [5] - The scale of the Anthropic deal resembles a stock investment rather than traditional venture capital backing [5] - Anthropic is known for its Claude chatbot and is preparing for a possible initial public offering (IPO) this year [6]