🐳 Looks like crypto has been sidelined while AI got a VIP pass! 😂
Sequoia Capital is raising around $10 billion and making a major overhaul to its investment strategy.
The fund is closing its London office, cutting some startup support programs, and focusing on three areas: AI, space, and biotech.
But crypto isn’t even mentioned among its new priorities. That’s a worrying signal for the industry: one of Silicon Valley’s biggest venture capital players is clearly changing course.
It seems investors are now more interested in funding artificial intelligence than in searching for the next billion-dollar crypto project. 🤖
#Sequoia #AI #Crypto
"BTC/USDT" (https://www.binance.com/en/trade/BTC_USDT)
"AI/USDT" (https://www.binance.com/en/trade/AI_USDT)
Sequoia Capital is raising around $10 billion and making a major overhaul to its investment strategy.
The fund is closing its London office, cutting some startup support programs, and focusing on three areas: AI, space, and biotech.
But crypto isn’t even mentioned among its new priorities. That’s a worrying signal for the industry: one of Silicon Valley’s biggest venture capital players is clearly changing course.
It seems investors are now more interested in funding artificial intelligence than in searching for the next billion-dollar crypto project. 🤖
#Sequoia #AI #Crypto
"BTC/USDT" (https://www.binance.com/en/trade/BTC_USDT)
"AI/USDT" (https://www.binance.com/en/trade/AI_USDT)