TechCapsules

AI-summarised brief · reviewed before publication

Andreessen Horowitz expanded its fifth growth fund to $8.5 billion, adding $1.75 billion since its January launch. The move follows the firm’s recent $1.1 billion raise for the “Machine Age Fund,” targeting AI hardware startups. The growth fund, now at $8.5 billion, will finance enterprise and consumer AI, defense tech, robotics, infrastructure hardware and software, and health tech. Over seven years, it has backed more than 100 companies, reflecting a rapid acceleration of growth-stage funding in the AI era.