AIAndreessen Horowitz1h ago

a16z says its fifth growth fund has closed additional capital, bringing

a16z says its fifth growth fund has closed additional capital, bringing its total to $8.5B

a16z says its fifth growth fund has closed additional capital, bringing

TL;DRa16z raised $8.5B for its fifth growth fund to invest in AI-driven enterprise startups.

Why it matters: Signal that VCs see enterprise AI as the next major investment wave, not consumer AI.

- Enterprises are putting AI tools to work across every part of their organizations. … - Consumer AI is barely even a thing yet, aside from ChatGPT's form factor beginning to replace the search engine.

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Source: Andreessen Horowitz · Opens in new tab