On August 28, Silicon Valley's prominent venture capital firm a16z announced that it has raised $1.1 billion for its latest fund, the Machine Age Fund. This fund will primarily invest in the complete computing infrastructure that supports AI operations, including chips, memory, networking, storage, as well as complete systems such as data centers, robotics, and home AI devices. a16z stated that there has been a significant turning point in the growth of AI's application capabilities and types of work over the past year. As AI expands from chat and reasoning to programming and other knowledge work, the demand for computing power and tokens is experiencing exponential growth, accelerating the advancement of machine intelligence. a16z noted that its team possesses extensive experience in hardware, data centers, chips, networking, and large-scale computing systems, and has established a resource network covering market expansion, talent recruitment, marketing, customers, suppliers, and American manufacturing to further support the next generation of AI hardware entrepreneurs. a16z emphasized that we are at a crucial juncture in the transformation of computing paradigms and looks forward to collaborating with entrepreneurs dedicated to reconstructing AI hardware and driving the arrival of the 'Machine Age.'