Andreessen Horowitz Closes $1.1B 'Machine Age' Fund for AI Chips, Data Centers and Robots

Andreessen Horowitz on Aug 28 launched a $1.1B Machine Age Fund dedicated to the physical layer of AI — chips, memory, networking, data centers, cooling, robotics and edge devices. Partners Ben Horowitz, Martin Casado, Raghu Raghuram, David Ulevitch and David George signed the launch memo; Casado said every part of the hardware supply chain is capacity-constrained. The fund marks a sharp departure from a16z's software-first roots and follows Nvidia's $6B Poolside licensing plus $1B equity investment earlier this month.