The Latest Breaking News from Sequoia Capital

The fundraise attracted big VC names like Bain Capital Crypto, Sequoia Capital and Lightspeed Faction.

The changes at Sequoia are in contrast to other billion-dollar venture firms that have been adding to their policy teams.

One investor says they have “lost lots of friends” over their position in this year’s election.

Chainguard raised its $140 million Series C, led by Redpoint, Lightspeed Venture Partners, and IVP, Fortune can exclusively report. Amplify, Mantic VC, Sequoia Capital, and Spark Capital, all existing investors, also participated in the round. The company’s now valued at $1.12 billion.

The firm and its leader are rethinking the way they invest in companies, the way they relate to founders, and even the way they think.

Sequoia Capital was one of the earliest funders to take a chance on Apple.

After months of searching for a buyer, troubled U.K.-based AI processor designer Graphcore said on Friday that it has been acquired by SoftBank. The company will operate as a wholly owned subsidiary of SoftBank and will possibly collaborate with Arm, but what remains to be seen what happens to the…

As AI companies increase their investments in infrastructure, their revenues are not growing that fast, financial analysts note, implying that AI could become a bubble.

Since its launch in 2017, the startup has raised over $1 billion from investors such as Sequoia Capital, Founders Fund, Y Combinator, Khosla Ventures, and Lightspeed Venture Partners.