A16z plans to raise US$6.9 billion, part of which will be invested in the AI field

BlockBeats news, on March 7, Fortune magazine reported that Silicon Valley venture capital giant Andreessen Horowitz plans to raise $6.9 billion from investors to establish a series of new funds, including two focused Funds for artificial intelligence. The remaining half of the new fundraising will go toward two dedicated artificial intelligence funds, a gaming fund and a fund to support startups in dynamic U.S. fields, the person said. The company defines American Vitality as companies that "solve America's most pressing problems," including industries such as aerospace, defense and manufacturing. Andreessen will wait until next year to raise more cash for its crypto and bio funds, with Andreessen Horowitz plowing $4.5 billion into crypto funds in 2022.