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Andreessen Horowitz raises $1.1 Billion for AI Hardware Fund
Andreessen Horowitz Raises $1.1 Billion for AI Hardware Fund
TL;DRA16Z is investing $1.1B in AI chip and infrastructure startups.
Why it matters: Signals major VC bet on hardware competition against Nvidia's AI chip dominance.
Andreessen Horowitz raised $1.1 billion for a fund that will invest in physical AI and infrastructure startups, the firm announced Friday. The money will be used to back companies building chips, memory, networking, storage and other companies involved in the AI buildout.…
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