Andreessen Horowitz Raises $10 Billion for AI Investments

Venture capital giant Andreessen Horowitz (a16z) has launched a fundraising drive for a substantial $10 billion, dedicated to AI-focused investments. This initiative allocates $6 billion to support startups in the artificial intelligence domain and aims to enhance its existing holdings within companies already invested in. This strategic move positions a16z as an even stronger player within the rapidly evolving field of AI.