Announcement
A16z and Atlas Holdings launch Foundry Management for industrial AI companies
The launch announcement says selected technologists will work with operators at Atlas portfolio businesses representing $26 billion in annual revenue.
TLDR
A launch announcement says a16z and Atlas Holdings formed Foundry Management to recruit a small group of technologists and give them access to Atlas portfolio businesses in industries including metals, energy and logistics. They will work with operators to build AI products. If a project shows potential as an independent business, the announcement says a16z and Atlas will support its creation, with the technologist leading as founder and CEO.
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