a16z Launches $1.1B Machine Age Fund to Invest in AI Hardware and Infrastructure
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a16z has closed a $1.1 billion funding round for its Machine Age Fund, according to AI and crypto news sources. The fund will focus on AI hardware and infrastructure, including chips, memory, networking, and data centers. As demand for AI grows, rack power is expected to rise from 5–10 kW to 100–250 kW, potentially reaching 1 MW within three years. The fund will also monitor inflation data and support startups developing next-generation compute, cooling, and power solutions.
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