a16z has raised $1.1bn to invest in the physical layer of AI

Andreessen Horowitz has closed a $1.1bn fund that will invest exclusively in hardware. The Machine Age Fund, announced on Friday, covers the physical layer artificial intelligence runs on, from chips to the buildings that house them. The mandate takes in chips, memory, networking and storage, and then keeps going. Complete systems qualify too, defi...

• Published date: 28-08-2026 02:19 PM