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a16z announced the completion of a $15 billion funding round, which will focus on investments in AI and crypto.

a16z has just completed raising over $15 billion in funds. This batch of funds includes: American Dynamism Fund ($1.176 billion), Apps Fund ($1.7 billion), Bio + Health Fund ($700 million), Infrastructure Fund ($1.7 billion), Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement states that its mission is to ensure the United States wins the technology competition in the next 100 years, focusing on winning key infrastructures such as AI and crypto. In addition, it will promote the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.

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