a16z plans to raise $10 billion to increase AI investments

BlockBeats news, on October 23, reported by The Information, venture capital giant Andreessen Horowitz (a16z) is raising $10 billion in new funds, of which about $6 billion will be used to invest in artificial intelligence startups and increase its stake in the companies it has already invested in. As one of the most active investors in the AI sector over the past two years, this move will further enhance its investment capabilities in the AI space.

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