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    Andreessen Horowitz Plans to Raise Billions for AI Funds | FinOracle

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    Andreessen Horowitz Plans to Raise Billions for AI Funds | FinOracle

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Home Technology Artificial Intelligence

Andreessen Horowitz Plans to Raise Billions for AI Funds

Silicon Valley venture capital giant Andreessen Horowitz plans to raise $6.9 billion for new funds, including two focused on AI, gaming, and American Dynamism sectors. They will delay raising cash for crypto and bio funds until next year.

by John Darbie
Thu, Mar 7, 2024 12:41pm
in Artificial Intelligence
• 2 mins read
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Andreessen Horowitz Plans to Raise Billions for AI Funds | FinOracle

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Andreessen Horowitz Plans $6.9 Billion Raise from Investors for New AI-focused Funds

Venture capital firm, Andreessen Horowitz, is set to raise a whopping $6.9 billion from investors, as it diversifies its portfolio with a particular focus on artificial intelligence (AI). This new collection of funds will consist of two dedicated AI funds, along with a gaming fund and a fund designed to support startups in the field of American Dynamism.

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