Express
a16z plans to raise $10 billion to boost AI investments
Summary: According to The Information, venture capital giant Andreessen Horowitz (a16z) is in the process of raising $10 billion in new funds, with around $6 billion earmarked for investing in AI startups and increasing its stake in existing portfolio companies. As one of the most active investors in the AI field in the past two years, ...
According to The Information, venture capital giant Andreessen Horowitz (a16z) is in the process of raising $10 billion in new funds, with around $6 billion earmarked for investing in AI startups and increasing its stake in existing portfolio companies. As one of the most active investors in the AI field in the past two years, this move will further strengthen its investment capabilities in the AI sector.