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Sequoia to invest in Anthropic, breaking VC taboo on backing rivals: FT

1 month 2 weeks ago

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

Connie Loizos

People Still Aren’t Into Buying Cars Online

1 month 2 weeks ago

A new report shows that only 7 percent of new-car buyers in the US completed their purchase online, despite a major push by automakers, Amazon, and others to move past the dealership.

Aarian Marshall