Andreessen Horowitz (A16z) is seeking to raise a massive $20 billion megafund focused on investing in growth-stage US startups with AI applications. The fundraising effort leverages the firm’s high-profile connections, including ties to former President Donald Trump, to attract international limited partners.
The new fund will invest in prominent companies like xAI, Databricks, and OpenAI, which are at the forefront of AI innovation. This significant investment demonstrates growing global interest in US AI startups, highlighting the sector’s potential for long-term growth and disruption.
Source: https://www.reuters.com/business/finance/andreessen-horowitz-seeks-raise-20-billion-megafund-amid-global-interest-us-ai-2025-04-08