a16z Establishes New Fund: Raises $1.1 Billion for Chips, Memory, and Robotics
14 hour ago / Read about 0 minute
Author:小编   

Renowned Silicon Valley venture capital firm a16z has launched a new fund called the 'Age of Machines,' raising $1.1 billion. This fund will focus on hardware sectors such as computing chips, memory, data centers, and robotics, differing from the company's previous emphasis on software. a16z states that there is a need to upgrade efficient systems, high-bandwidth low-cost memory, and supporting interconnect solutions, while also strengthening infrastructure such as cooling, materials, and power. Founded in 2009, the company manages over $90 billion in assets and invests across all stages of development for technology companies.