Sequoia Capital says AI bigger opportunity than prior technology waves

Venture fund Sequoia Capital recognised coding as a “screaming product-market fit” and a breakout application for artificial intelligence (AI), further predicting that AI agents will constitute the next major wave of technology in 2025.

In their AI Ascent 2025 event, Sequoia partners Pat Grady, Sonya Huang, and Konstantine Buhler outlined that AI represents a market opportunity at least 10 times larger than cloud computing.

“The breakout application category of the year was coding, which reached screaming product market fit,” Huang said in her address…