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a16z has raised $1.1bn to invest in the physical layer of AI

This story is from 2026-08-28. It is preserved in the archive; the latest stories are on the live feed.

Andreessen Horowitz has closed a $1.1bn fund that will invest exclusively in hardware. The Machine Age Fund, announced on Friday, covers the physical layer artificial intelligence runs on, from chips to the buildings that house them. The mandate takes in chips, memory, networking and storage, and t…

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  1. 2026-08-28 14:19 · The Next Web
    a16z has raised $1.1bn to invest in the physical layer of AI

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