Microsoft Hires Team of Sequoia-Backed AI Collaboration Platform, Cove

Microsoft has made a significant move in the AI collaboration space by hiring the team behind Sequoia-backed AI collaboration platform, Cove. This acquisition marks a significant shift in Microsoft's strategy to expand its AI capabilities and further integrate them into its products.

The news was announced on March 18, 2026, and it has sent shockwaves throughout the tech industry. Cove, a startup that has received significant funding from Sequoia, has been working on developing an AI collaboration platform that enables teams to work more efficiently and effectively.

According to TechCrunch, the team behind Cove will join Microsoft, and the service will be discontinued on April 1. Customer data will be deleted, and users are advised to find alternative solutions.

This acquisition is a significant move by Microsoft to expand its AI capabilities and further integrate them into its products. It remains to be seen how this will impact the AI collaboration space and what implications it will have for other players in the market.

Sources

[7] Microsoft hires the team of Sequoia-backed AI collaboration platform, Cove