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Sequoia Capital is investing hundreds of millions of dollars in Sequence Holding, according to The Information, as the year-old company builds a business around buying established firms and applying AI to their operations.
Why it mattersSequence recently announced a $7.7 billion insurance acquisition co-led by Michael Dell’s family office. The Information says Sequoia’s investment is likely to fund further acquisitions. It would be Sequoia’s second known investment in this kind of AI-focused holding company. The model is more than another software pitch: it puts capital behind buying businesses and changing how some work gets done. How much of that change will come from AI, rather than the acquisitions themselves?
Discuss: How much of the value in AI-focused holding companies is likely to come from AI, rather than from buying and reorganising established businesses?
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