With its latest $1.1 billion fund, Andreessen Horowitz is getting physical (with AI).
The firm announced that the Machine Age Fund will invest "into all of the computer infrastructure on which AI runs, including chips, memory, networking, and storage," and that this includes "full systems for running AI: from data centers to robotics to home AI appliances."
General partners Martin Casado and Raghu Raghuram will lead the new strategy, which will target both early- and growth-stage companies. Partners from a16z's Infrastructure, American Dynamism and Growth funds will also invest from the new vehicle.
The fund represents a doubling down on its expansion into hardware investments, especially the AI infrastructure bets it has made in defense.
"Dedicated hardware and robotics funds have existed for years, but when one of the largest firms in venture stands up a fund specifically for that, you pay attention," said PitchBook fund strategies ****** yst Nick Rescigno. "Advances in physical AI are making hardware capable of things that weren't achievable a few years ago."
#years
The firm announced that the Machine Age Fund will invest "into all of the computer infrastructure on which AI runs, including chips, memory, networking, and storage," and that this includes "full systems for running AI: from data centers to robotics to home AI appliances."
General partners Martin Casado and Raghu Raghuram will lead the new strategy, which will target both early- and growth-stage companies. Partners from a16z's Infrastructure, American Dynamism and Growth funds will also invest from the new vehicle.
The fund represents a doubling down on its expansion into hardware investments, especially the AI infrastructure bets it has made in defense.
"Dedicated hardware and robotics funds have existed for years, but when one of the largest firms in venture stands up a fund specifically for that, you pay attention," said PitchBook fund strategies ****** yst Nick Rescigno. "Advances in physical AI are making hardware capable of things that weren't achievable a few years ago."
#years
1 day ago
