Exclusive-Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups

Venture capital firm Andreessen Horowitz looking to raise $20B amid global interest in US AI startups

Venture capital firm Andreessen Horowitz wants to raise about $20 billion to take advantage of global investors' interest in U.S. AI companies.

According to Andreessen Horowitz Insiders, the largest venture capital fund in the company's history is to invest in artificial intelligence (AI). The technology investor wants to collect 20 billion dollars (18 billion euros), said people familiar with the matter on Tuesday. The offer is aimed at foreign financiers who wanted to participate in high-growth AI companies from the USA. The planned fund would have a four times larger volume than the …

Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in U.S. AI startups

VC firm Andreessen Horowitz is raising around $20 billion, the largest fund in its history to back U.S.-based AI firms.

Andreessen Horowitz seeks to raise US$20 billion megafund in AI start-ups

A16z’s largest fund to date is a US$5 billion growth-stage fund it raised as part of a US$9 billion fundraise it announced in early 2022.

Andreessen Horowitz to raise record $20B AI megafund as global investors bet on U.S. tech - Tech Startups

Less than a month after reports surfaced that Andreessen Horowitz was aiming to raise $7.2 billion across a series of new venture funds, Silicon Valley’s most ambitious venture capital firm is already going bigger. According to an exclusive report from […] The post Andreessen Horowitz to raise record $20B AI megafund as global investors bet on U.S. tech first appeared on Tech Startups.

Exclusive-Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups

SAN FRANCISCO - Venture capital firm Andreessen Horowitz is seeking to raise about $20 billion in what will be the largest fund in its history, to capitalize on global investors' interest in backing U.S. artificial intelligence companies, sources told Reuters. The tech investment firm, known informally a