a16z creates a $1.1B Machine Age fund focusing on hardware to "open the throttle and accelerate the physical buildout of AI" (Sean O'Kane/TechCrunch)
a16z launched a $1.1B fund targeting AI hardware and physical infrastructure, signaling major capital flow into compute-adjacent buildout.
Excerpt
Sean O'Kane / TechCrunch:
a16z creates a $1.1B Machine Age fund focusing on hardware to “open the throttle and accelerate the physical buildout of AI” — Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised. The firm's aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”
Read at source: https://www.techmeme.com/260828/p14#a260828p14