New leaders, new fund: Sequoia has raised $7B to expand its AI bets

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. Powered by WPeMatico https://techcrunch.com/2026/04/16/new-leaders-new-fund-sequoia-has-raised-7b-to-expand-its-ai-bets/

Factory hits $1.5B valuation to build AI coding for enterprises

Factory hits $1.5B valuation to build AI coding for enterprises The three-year-old startup raised $150 million led by Khosla Ventures. Powered by WPeMatico https://techcrunch.com/2026/04/16/factory-hits-1-5b-valuation-to-build-ai-coding-for-enterprises/

Luma launches AI-powered production studio with faith-focused Wonder Project

Luma launches AI-powered production studio with faith-focused Wonder Project The studio’s first project will be about Moses and star Academy Award-winner Ben Kingsley, to be released this spring on Prime Video. Powered by WPeMatico https://techcrunch.com/2026/04/16/luma-launches-ai-powered-production-studio-with-faith-focused-wonder-project/

Netflix co-founder and chair Reed Hastings to leave board

Netflix co-founder and chair Reed Hastings to leave board Hastings helped to transform the video rental industry — first with physical, then digital, delivery. Powered by WPeMatico https://techcrunch.com/2026/04/16/netflix-co-founder-and-chair-reed-hastings-to-leave-board/

Upscale AI in talks to raise at $2B valuation, says report

Upscale AI in talks to raise at $2B valuation, says report AI infrastructure company Upscale AI is reportedly in talks to raise its third funding round since launching just seven months ago. Powered by WPeMatico https://techcrunch.com/2026/04/16/upscale-ai-in-talks-to-raise-at-2b-valuation-says-report/

Ukrainian startups get UK market gateway as TechBridge accelerator returns for 2026

Ukrainian startups get UK market gateway as TechBridge accelerator returns for 2026 The UK–Ukraine TechBridge has officially launched a new phase of its Investment Accelerator project for 2026, offering Ukrainian technology startups a structured pathway to expand into the UK market and connect with leading investors.  This builds on the