Andreessen Horowitz (a16z) pauses crypto fund expansion for AI endeavor

CAT March 7, 2024 1 min read

Ogwu Osaemezu Emmanuel

Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm, is recalibrating its investment strategy. The company is aiming to raise $6.9 billion for new funds with a focus on artificial intelligence (AI). This shift puts the brakes on its crypto…

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Andreessen Horowitz (a16z) pauses crypto fund expansion for AI endeavor

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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