Andreessen Horowitz Raises $1.1 Billion for AI Infrastructure Fund
Andreessen Horowitz (a16z) has raised $1.1 billion for a new Machine Age Fund focused on AI infrastructure, according to PitchBook.
The fund targets computer infrastructure for AI, including chips, memory, networking and storage. It also covers systems for running AI, including data centers, robotics and home AI appliances.
General partners Martin Casado and Raghu Raghuram will lead the strategy. The fund will invest in early stage and growth stage companies.
The vehicle follows several hardware investments by a16z. Recent deals include Nexthop AI, a network switching equipment startup for AI workloads, and Mind Robotics, an AI robotics startup spun out of Rivian.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like AI Funding Brief, Silicon Brief or Daily AI Brief.
Also, consider following us on social media:
More from: Funding
More from: Data Centers
Subscribe to AI Funding Brief
Whitepaper
AI and the Law: Discussion Paper
This discussion paper explores the intersection of artificial intelligence and legal frameworks, addressing potential legal challenges posed by AI's autonomy, adaptiveness, and opacity. It examines issues such as liability gaps, causation, and the potential for granting AI systems legal personality, aiming to foster further discussion on AI's impact on law reform.
Read more