a16z

Anysphere, which makes Cursor, is reportedly raising $900M at $9B valuation

AI /

Anysphere, the maker of AI-powered coding tool Cursor, has attracted $900 million in a fresh round of funding led by Thrive Capital, Financial Times reported, citing anonymous sources familiar with the deal. Andreessen Horowitz (a16z) and Accel are also participating in the round, which values Anysphere at about $9 billion, the report said. Earlier in […]

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A16z backs UK startup Dex to scale ‘AI talent agent’ and recruitment matchmaker

AI /

Storied Silicon Valley VC firm Andreessen Horowitz is backing a fledgling U.K. startup that’s setting out to “redefine” how AI is used to match companies with talent. Dex, as the startup is called, targets candidates and companies with various AI-powered recruitment smarts, including matchmaking and coaching, with a view toward improving retention in the long

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a16z acqui-hires VC tech podcaster Erik Torenberg, who joins as new partner

Venture /

Andreessen Horowitz’s hiring spree continues. On Monday, Erik Torenberg announced that the giant VC firm had acquired his Turpentine podcast, with him joining as a general partner. Torenberg’s podcast focuses mostly on interviewing VCs at a variety of firms about their approach to investing. Recent guests include Accel’s Andrew Braccia, Seven Seven Six’s Alexis Ohanian,

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Andreessen Horowitz is trying to nab a piece of TikTok with Oracle, report says

Venture /

The venture capital firm is reportedly in talks to invest in TikTok as part of a bid led by Oracle and other American investors looking to buy out TikTok from ByteDance, according to the Financial Times.  TikTok is once again slated to be banned in the US on April 5th unless its Chinese-based owner sells

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JD Vance claims freeing AI from regulation is good for American workers and tech innovators

Government & Policy /

On Tuesday, Vice President JD Vance said that the Trump administration’s support of AI and tech innovations should benefit both populists and those investing and leading tech companies.  “I think there’s too much fear that AI will simply replace jobs rather than augmenting so many of the things that we do now,” said Vance at

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ChatGPT doubled its weekly active users in under 6 months, thanks to new releases

AI /

OpenAI’s flagship AI chatbot, ChatGPT, returned to solid growth in the latter half of 2024, according to a new report published on Thursday by VC firm Andreessen Horowitz (a16z). While it took ChatGPT nine months to grow from 100 million weekly active users in November 2023 to 200 million in August 2024, it’s now taken

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Ben Horowitz donates Cybertruck fleet to the Las Vegas police

Transportation /

Andreessen Horowitz co-founder Ben Horowitz has donated a fleet of Tesla Cybertrucks to the Las Vegas Metropolitan Police, the department has confirmed to TechCrunch. The Cybertruck fleet is the latest entry in a list of gifts Horowitz has given to the Las Vegas police — a relationship TechCrunch revealed in detail late last year. The

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a16z hires former Republican congressman Patrick McHenry as advisor

Venture /

Former North Carolina congressman Patrick McHenry announced Wednesday that he landed a job with VC firm Andreessen Horowitz. He will be a senior advisor. His post on X said little about what the job entails, except to be advocating for startups (which a16z likes to call “little tech”) with policymakers. Andreessen Horowitz did not immediately

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Marc Andreessen dreams of making a16z a lasting company, beyond partnerships

Venture /

Many venture industry observers have wondered whether Andreessen Horowitz, a firm that manages $45 billion, has its sights on eventually becoming a publicly traded company. Co-founder Marc Andreessen said he isn’t “chomping at the bit to take the firm public,” on this week’s Invest Like the Best podcast. But he discussed his goal of building

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