a16z completes $15 billion funding round, will focus on investing in AI and crypto.

PANews reported on January 9th that a16z announced it has just completed raising over $15 billion in funding, according to its official blog. This funding includes: the American Dynamism Fund ($1.176 billion), the Apps Fund ($1.7 billion), the Bio+Health Fund ($700 million), the Infrastructure Fund ($1.7 billion), the Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement stated that its mission is to ensure America's success in the technological competition over the next 100 years, focusing on winning key architectures such as AI and encryption. Furthermore, it will promote the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
5 hour ago
5 hour ago
7 hour ago
9 hour ago
12 hour ago
16 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读