a16z creates a $1.1B ‘Machine Age’ fund to ‘accelerate the physical buildout of AI’
The firm, known for its focus on software, is going to start throwing more money at the hardware behind AI.
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‘We’re not doing 30 bets a year’: Vijay Pande on betting small after running $4B at a16z
Vijay Pande — who left a16z’s roughly $4 billion biotech practice last year to start the much smaller, AI-native VZVC — talks about why biology is finally shifting from a “discovery” science to an “engineering” one, why clinical trials are still brutally expensive, and why he thinks open, shared datasets (not walled-off ones) are what will actually let AI transform medicine.
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A group funded by Andreessen, Horowitz, and Brockman plans data center ads to sway midterms
Build American AI plans to lobby voters in select states about the virtues of data centers by spending millions of dollars on ads.
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a16z brings growth fund to $8.5B days after launching new $1.1B fund
Andreessen Horowitz held out its hand and returned with billions more in new funds to invest in startups.
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OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
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Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
Returning backers a16z and Thrive are expected to lead the round.
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Probably raises $9M to build a more reliable kind of AI
Probably wants to prevent hallucinations and factual errors from reaching users, and achieve accuracy on par with deterministic systems.
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AI | Transportation | Venture
Travis Kalanick’s robotics company raises $1.7B, led by a16z
Uber is also investing in Travis Kalanick’s company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
