Andreessen Horowitz makes a $3 billion bet that there’s no AI bubble
- Jan 20
- 1 min read
The exuberance for all things AI has rapidly spilled over into the normally staid field of developer tools, benchmarking services and back-end systems — areas that most regular consumers will never encounter directly — becoming a focal point for a new wave of tech investment.
And behind many of these companies, you’ll find a relatively nascent multibillion-dollar fund run by an unconventional team at Andreessen Horowitz.
The venture capital firm, which goes by the nickname a16z, set up a dedicated $1.25 billion war chest in 2024 for bets on AI infrastructure, a term that the fund defines more broadly than the costly chips and data centers that make AI run. This month, the firm said it would commit another $1.7 billion to the effort.
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