Sequoia Capital is analysisedly joining a blockbuster funding round for Anthropic, the AI startup behind Claude, according to the Financial Times. Why. Because venture capital firms have historically avoided backing competing companies in the same sector, preferring to place their bets on a single winner. […]. It’s a move sure to turn heads in Silicon Valley.
Sequoia to invest in Anthropic, breaking VC taboo on backing rivals: FT.
