Venture capital firm Andreessen Horowitz has expanded its fifth growth fund to $8.5 billion. That means the firm added another $1.75 billion since the fund launched in January with $6.75 billion. The firm’s announcement comes just days after a16z announced it had raised a fresh $1.1 billion for a new and different fund that it’s
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.” The fund will focus on hardware, bucking the firm’s typical focus on the scaling power of software. In a post on the venture