a16z completes $15 billion funding round, will focus on investing in AI and crypto.
PANews reported on January 9th that a16z announced it has just completed raising over $15 billion in funding, according to its official blog. This funding includes: the American Dynamism Fund ($1.176 billion), the Apps Fund ($1.7 billion), the Bio+Health Fund ($700 million), the Infrastructure Fund ($1.7 billion), the Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement stated that its mission is to ensure America's success in the technological competition over the next 100 years, focusing on winning key architectures such as AI and encryption. Furthermore, it will promote the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.
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