Andreessen Horowitz has launched a brand new “Machine Age” fund with $1.1 billion raised. The agency’s goal with the brand new fund is to “open the throttle and speed up the bodily buildout of AI.”
The fund will give attention to {hardware}, bucking the agency’s typical give attention to the scaling energy of software program. In a put up on the enterprise capital agency’s web site, a16z says the fund will give attention to investing within the infrastructure that powers AI — a swath that features every part from pc chips and reminiscence to information facilities and robots.
“We’d like sooner, extra environment friendly programs. We’d like cheaper and higher-bandwidth reminiscence throughout the reminiscence hierarchy. We’d like sooner and extra scalable interconnects between nodes and programs. We’d like energy environment friendly edge gadgets for AI to discover and work together with the world. And naturally we’d like all of the cooling, supplies, electrical, and actual property construct out to help them,” the put up reads.
AI is the “strongest device ever developed for fixing issues and bestowing abundance,” the agency writes, calling its development a “social and nationwide crucial.”
