Establish AI artificial intelligence and game funds! Web3 Ventures a16z is rumored to raise another $6.9 billion

According to "Fortune" reports today citing people familiar with the matter, a16z (Andreessen Horowitz), the world's largest Web3 venture capital fund, is considering raising an additional US$6.9 billion from investors to establish A range of new funds. This move occurred against the backdrop of the global investment market’s pursuit of artificial intelligence, with investors increasing investment in the field of AI.

According to people familiar with the matter, half of the funds will be used to establish a16z’s fourth-tier growth fund, which is specifically used to invest in technology companies that have completed the start-up stage and are seeking further expansion and scale growth.

The other half will be used to establish multiple new funds, including:

Two funds focusing on AI artificial intelligence

A gaming fund

Support U.S. startups that focus on solving pressing national problems, such as aviation, defense, and manufacturing, and provide fund support.

It is worth noting that people familiar with the matter also said that a16z founder Andreessen Horowitz said that it will raise more cash for its cryptocurrency and biological funds next year.

a16z Investment Portfolio Section

It is understood that a16z’s early investment in crypto industry projects mostly focused on infrastructure construction. In recent years, it has turned its focus to areas such as DeFi and NFT.

According to the statistical data compiled by the RootData website to the end of last year, calculated in terms of the number of investment projects:

a16z’s most important investment is in the field of infrastructure, covering up to 41 projects

The gaming field ranks second, with 19 investment projects

Followed by DeFi, NFT, and social and entertainment tracks, each with 15 investment projects

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