a16z creates a $1.1B 'Machine Age' fund to 'accelerate the physical buildout of AI'
The venture firm said the fund will invest in chips, memory, data centers and robots as AI demand strains supply chains and power systems.
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(San Francisco = Yonhap News) Correspondent Kwon Young-jeon = Andreessen Horowitz (a16z), a leading venture capital firm in Silicon Valley, has launched a hardware-dedicated investment fund for the first time in history...
a16z has raised $1.1bn to invest in the physical layer of AI
Andreessen Horowitz has closed a $1.1bn fund that will invest exclusively in hardware. The Machine Age Fund, announced on Friday, covers the physical layer artificial intelligence runs on, from chips to the buildings that house them. The mandate takes in chips, memory, networking and storage, and then keeps going. Complete systems qualify too, defined broadly […] This story continues at The Next Web
Andreessen Horowitz raises $1.1B AI infrastructure fund for chips, robots and more
Andreessen Horowitz today announced that it has raised a $1.1 billion fund to back artificial intelligence infrastructure startups. The Machine Age Fund will invest in companies that make data center equipment such as chips, memory and networking gear. Andreessen Horowitz also plans to prioritize providers of edge AI hardware. The venture capital firm listed smart […] The post Andreessen Horowitz raises $1.1B AI infrastructure fund for chips, r…
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