In Brief Posted: 7:55 PM PDT · April 16, 2026 Image Credits: Dani Padgett/StrictlyVC Few venture firms have bet more aggressively on AI than Sequoia Capital, and it isn’t slowing down. The Silicon Valley stalwart has raised roughly $7 billion for a new fund, according to Bloomberg. Sequoia declined TechCrunch’s request for comment. The money will go toward what the firm calls its “expansion strategy” — essentially its late-stage investing arm, focused on the U.S. and Europe — and it’s nearly double Sequoia’s last comparable fund, a $3.4 billion vehicle raised in 2022. That growth in fund size reflects something bigger: Late-stage investing has taken on an entirely new meaning in the AI era. Companies can now scale at a speed and cost that would have been unimaginable a decade ago, and the firms backing them have to keep pace. The money signals where Sequoia sees the future: deeply embedded in AI, from the giants building the underlying technology to the startups putting it to work.…