If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.
Andreessen Horowitz News
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The investment comes as crypto-related venture capital funding has started increasing following the approval of spot Bitcoin ETFs.
4119Ben Horowitz, one of the firm’s founders, has pledged to support any politician who helps push crypto and AI technology forward.
85802024 will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.
21572Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New Hampshire and Arkansas.
3689The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies.
4994Andreessen Horowitz, Paris Hilton and Samsung have invested in the new blockchain-based open IP collaboration network Story Protocol.
9990Sriram Krishnan said that “the world of social media is stuck in a different era, and things need to change.”
3461An earlier series of tweets sharing images of orange balls were the precursor to the announcement of a client for layer-2 solution Optimism.
5772The venture firm used its 15 million UNI holding to vote against the deployment using the Wormhole bridge.
7556VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa.
19902022 was a record-breaking year for blockchain and crypto VCs. Depending on whom you ask, that’s either good or bad.
19539Industry experts and one skeptical economist tackle the world of crypto, blockchain and Web3 in a new series from online learning platform Masterclass.
11956A16z general partner Chris Dixon focuses on the activity of entrepreneurs and developers, not on prices.
5246Golden, which has now raised roughly $60 million in cumulative funding, also welcomed a16z general partner Ali Yahya to its board.
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