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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.
The three-year-old startup raised $150 million led by Khosla Ventures.
The studio's first project will be about Moses and star Academy Award-winner Ben Kingsley, to be released this spring on Prime Video.
Hastings helped to transform the video rental industry — first with physical, then digital, delivery.
AI infrastructure company Upscale AI is reportedly in talks to raise its third funding round since launching just seven months ago.
The new model, called π0.7, represents what the company describes as an early but meaningful step toward the long-sought goal of a general-purpose robot brain.
This week on Build Mode, Isabelle Johannessen speaks with Capella Kerst, founder and CEO of geCKo Materials.