Venture capital firm Andreessen Horowitz raises $1.1B to invest in artificial intelligence hardware and infrastructure startups.
Andreessen Horowitz, also known as a16z, has secured $1.1B for a fund focused on artificial intelligence hardware and infrastructure. The firm aims to back startups developing foundational AI technologies, including specialized chips and data center solutions.
The fund represents one of the largest dedicated pools of capital for AI hardware, reflecting growing investor interest in the sector. Prior funds from the firm have targeted software and consumer tech, but this marks a shift toward physical infrastructure supporting AI advancements.
No immediate market reaction was reported, though the move underscores heightened competition among VCs to capitalize on AI-driven innovation.