a16z Creates Machine Age Fund for AI Buildout
The venture firm expands from software investments into hardware infrastructure supporting artificial intelligence systems.
a16z, long focused on software, is launching a fund called the Machine Age fund. The firm plans to direct more capital toward the hardware and physical infrastructure required for AI systems. TechCrunch reported the move as an effort to accelerate the physical buildout of AI. Investor David Haber highlighted the shift with the note firm greater than fund. The announcement signals a change in allocation strategy for the venture firm.
The firm, known for its focus on software, is going to start throwing more money at the hardware behind AI. https://spr.ly/6010B10mvu
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a16z Creates Machine Age Fund for AI Buildout
The venture firm expands from software investments into hardware infrastructure supporting artificial intelligence systems.
a16z, long focused on software, is launching a fund called the Machine Age fund. The firm plans to direct more capital toward the hardware and physical infrastructure required for AI systems. TechCrunch reported the move as an effort to accelerate the physical buildout of AI. Investor David Haber highlighted the shift with the note firm greater than fund. The announcement signals a change in allocation strategy for the venture firm.
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David Haber@dhaberFirm > Fund https://twitter.com/techcrunch/status/2093329041361190995
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