Andreessen Horowitz Raises $1.1B for AI Infrastructure Fund

Venture capital firm Andreessen Horowitz has raised $1.1 billion for a new fund dedicated to investing in the physical infrastructure required to power artificial intelligence. The firm announced the Machine Age Fund on August 28, 2026, stating it will target companies building the hardware and systems that underpin AI, from chips and memory to data centers and robotics. The fund represents a significant expansion of the firm's focus beyond software, addressing what it describes as a critical bottleneck in the AI industry.