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a16z announces completion of $15 billion fundraising, focusing on AI and crypto sectors
Summary: In breaking news, a16z has announced the successful completion of raising over $15 billion. This funding includes the American Dynamism Fund ($1.176 billion), Apps Fund ($1.7 billion), Bio + Health Fund ($700 million), Infrastructure Fund ($1.7 billion), Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement states that their mission ...
In breaking news, a16z has announced the successful completion of raising over $15 billion. This funding includes the American Dynamism Fund ($1.176 billion), Apps Fund ($1.7 billion), Bio + Health Fund ($700 million), Infrastructure Fund ($1.7 billion), Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement states that their mission is to ensure America's victory in technological competition over the next 100 years, with a focus on winning in key areas such as AI and crypto. Additionally, they will drive the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.
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Link: a16z announces completion of $15 billion fundraising, focusing on AI and crypto sectors [Copy]
