A16z Creates $1.1 Billion Fund to Invest in AI Hardware and Infrastructure

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Andreessen Horowitz (a16z), a leading Silicon Valley venture capital firm, announced on the 9th that it has established a new $1.1 billion (approximately 1.49 trillion won) "Machine Age Fund" focused on investing in hardware and computing infrastructure for the artificial intelligence (AI) era. Along with this, it expanded its 5th Growth Fund, established earlier this year, to a total of $8.5 billion (approximately 11.49 trillion won). The Machi…

asiae.co.kr

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Global venture capital firm Andreessen Horowitz (a16z) [announced] a new $1.1 billion (approximately 1.49 trillion won) investment focused on hardware and computing infrastructure for the artificial intelligence (AI) era.