a16z plans to raise $10 billion to increase AI investments

ChainCatcher news, according to 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 already invested companies.

As one of the most active investors in the AI field over the past two years, this move will further enhance its investment capabilities in the AI track.