a16z announced the completion of a $15 billion fundraising, focusing on investments in AI and cryptocurrency

According to official news, a16z has announced that it has just completed raising over $15 billion in funding.

This round of funding includes: American Dynamism Fund ($1.176 billion), Apps Fund ($1.7 billion), Bio + Health Fund ($700 million), Infrastructure Fund ($1.7 billion), Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement stated that its mission is to ensure that the U.S. wins the technology competition in the next 100 years, focusing on winning in key architectures such as AI and crypto.

In addition, it will also promote the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.