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

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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. The firm has backed two of the most prominent players in the AI race — OpenAI originally and, more recently, Anthropic — both of which are reportedly eyeing public listings in 2026. The development that could mean a significant payday for the firm.

Sequoia isn’t only swinging for the foundational AI heavyweights, however. It has also placed bets on other buzzy startups, including Physical Intelligence, the Bay Area robotics startup, and Factory, which builds AI agents for enterprise engineering teams.

The fundraise is also 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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Nigerian Wonderkid “Ostilo” Begins Trials With Turkish Giants Beşiktaş

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Former Nigeria U17 international Adewale Quadri, popularly known as “Ostilo” among teammates and close friends, has officially commenced trials with Turkish giants Beşiktaş J.K. youth team.

The highly-rated Nigerian youngster is currently being evaluated by the Istanbul-based club as he continues his pursuit of a breakthrough opportunity in European football.

Read Also: Diana Eze Sets New Personal Best at AGN Track & Field League in South Africa

Sources close to the player indicate that Quadri has already begun making positive impressions during the trial period with his performances, attitude, and work ethic attracting attention within the club setup.

The talented prospect has reportedly shown strong determination, technical ability, maturity on the ball, and attacking quality during training sessions and evaluation matches.

Known for his confidence, creativity, and energetic style of play, the former Nigeria U17 player continues to strengthen his reputation as one of the exciting young Nigerian talents aiming to establish themselves abroad.

Beşiktaş—popularly known as the Kara Kartallar (Black Eagles)—remain one of the biggest and most historic clubs in Turkish football, making the opportunity another important milestone in Quadri’s young career.

Football followers and supporters close to the player remain hopeful that the talented Nigerian can successfully complete the process and secure a permanent place within the club’s development system.

For Adewale Quadri, the trial represents another major step toward achieving his European football dream while proudly representing Nigeria on the international stage.

As the evaluations continue in Turkey, many will now be eagerly waiting for positive news regarding the future of the promising youngster known as “Ostilo.”

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FAAN announces additional health screening measures, enhanced Ebola surveillance at Nigerian airports

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The Federal Airports Authority of Nigeria (FAAN) has assured travellers and other airport users that enhanced health surveillance measures have been activated across the country’s international airports following renewed Ebola concerns in parts of Central Africa.

In a statement issued on Wednesday, FAAN said the measures were introduced in collaboration with Port Health Services, the Nigeria Centre for Disease Control and Prevention (NCDC) and other relevant agencies to strengthen preparedness and prevent possible health risks.

According to the authority, surveillance and passenger monitoring have been intensified, particularly for travellers arriving from high-risk regions.

“Passengers are being screened for symptoms associated with Ebola, and any suspected case will be promptly isolated and subjected to secondary health checks in line with established national and international health protocols,” the statement said.

FAAN noted that additional emergency response procedures have also been reinforced while airport personnel have undergone increased sensitisation as part of precautionary efforts.

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The authority stressed that there is currently no confirmed Ebola case in Nigeria but said it remains vigilant in safeguarding public health and ensuring safe airport operations.

“FAAN remains vigilant and fully committed to safeguarding public health and maintaining safe airport operations,” the agency stated.

READ ALSO: FAAN nabs four unauthorised persons at Akure airport

Passengers were also advised to remain calm, cooperate with health screening procedures and report any symptoms to health officials at the airports.

The development comes as health authorities across parts of Africa continue to monitor Ebola-related concerns and strengthen border surveillance to prevent cross-border transmission.

Nigeria’s aviation and health authorities have previously activated similar emergency screening measures during periods of global and regional disease outbreaks, including the COVID-19 pandemic and earlier Ebola scares.


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