Andreessen Horowitz has raised $1.1 billion for a new vehicle called the Machine Age Fund, the firm announced on August 28, 2026, dedicating the capital to the physical infrastructure that artificial intelligence runs on. The fund was announced in a post on the firm's website authored by general partners Ben Horowitz, Martin Casado, Raghu Raghuram, David Ulevitch, and David George. The partners framed the raise as a formal move into hardware investing for a firm generally known as a software…
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