New VC firm Chemistry raised $350 million for its debut fund, Forbes reported on Wednesday. The firm was launched by Mark Goldberg, former partner at Index Ventures; Kristina Shen, former general partner at Andreessen Horowitz; and Ethan Kurzweil, former partner at Bessemer (pictured above in that order). Axios first reported in April that the three […]
Bessemer, Index, and a16z alum launch VC firm Chemistry Read More »
Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives
Andreessen Horowitz helps founders meet compute needs with ‘Oxygen’ private GPU cluster Read More »
Marc Andreessen, general partner at VC firm Andreessen Horowitz, was on stage at the Ray Summit conference earlier this month, talking about AI. CFO.com has pulled out the best quotes so you don’t have to watch the full interview. “Maybe all of these companies are in a race to the bottom,” Andreessen said when talking
Today on Equity, Rebecca Bellan sat down with Zander Brumbaugh, the 22-year-old founder of Gamebeast, a startup that offers Roblox developers tools like A/B testing and LiveOps to modify games without needing to release a new version or interrupt a user’s ongoing game. Gamebeast recently raised a $3.7 million pre-seed round, led by J2 Ventures
Character.AI is starting a new chapter after its $2.7 billion licensing deal with Google, which involved CEO Noam Shazeer returning to the search giant. It hired Erin Teague as a chief product officer, a YouTube exec who was the global head of sports movies and shows product management. Teague, who has been working at Google
11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark
11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say Read More »
Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and tote bags with the words “holy s— I’m alive” on them. The rent for the furnished units starts at $3,500 a month and includes hotel-style
Adam Neumann’s startup Flow opens co-living community in Saudi Arabia Read More »
Fei-Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures. World Labs is valued at over $1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch reported in
Fei-Fei Li’s World Labs comes out of stealth with $230M in funding Read More »
Andreessen Horowitz (a16z) has closed a satellite office in Miami Beach just two years into a five-year lease it signed for an 8,300-square-foot space. The reason? Disuse, reports Bloomberg. Miami — once a hotspot for crypto, an area of interest for a16z — has struggled to retain venture cash and entrepreneurial talent in recent years,
Andreessen Horowitz shutters its Miami office after two years Read More »
Andreessen Horowitz’s partner Joshua Lu knows that, in the video game industry, you can never get too comfortable. When he was head of product at Zynga, he experienced the height of mobile games, working on hits like Words with Friends; then as a vice president at Blizzard Entertainment, he helped produce tentpole hits like Diablo
