Andreessen Horowitz opened its first hardware fund at $1.1 billion
Andreessen Horowitz announced the Machine Age fund on 28 August. It will back chips, memory, networking, storage, robotics and data centres. The firm argues the physical layer is now the real bottleneck for AI.
Why it mattersFifteen years ago the same firm wrote that software was eating the world. Now it says the slow, capital-hungry physical layer is where the returns are.
Read in the app — free, in 9 languages
Related stories
Epic Games told a team to stop writing code by hand.2026-10-13Anthropic says it cut the copying of Claude's reasoning by 90%.
2026-10-13Microsoft says its own chips will become the main engine for its AI.
2026-10-12Drones have shut both sites that house Yandex's AI supercomputers.
2026-10-12McKinsey says 11 million Americans will need a new line of work.
2026-10-12