New leaders, new fund: Sequoia has raised $7B to expand its AI bets
The fundraise is the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.
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Ford throws out Henry Ford’s assembly line to make low-cost EVs in America
The automaker is investing $2 billion into the Louisville Assembly Plant with a $30,000 EV pickup slated for 2027.