Andreessen Horowitz

Silicon Valley is pouring millions into pro-AI PACs to sway midterms

AI /

Andreessen Horowitz and OpenAI President Greg Brockman are among the Silicon Valley veterans putting more than $100 million into a network of political-action committees (PACs) that will advocate against strict AI regulations in next year’s midterm elections, reports The Wall Street Journal.  The new pro-AI super-PAC network dubbed “Leading the Future” aims to use campaign […]

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Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more

Fundraising /

Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz, Rich Paul, CEO and founder of Klutch Sports Group, and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the

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Cluely’s ARR doubled in a week to $7M, founder Roy Lee says. But rivals are coming.

AI /

Cluely’s revenue has skyrocketed to about $7 million in ARR since it launched its new enterprise product a week ago, founder Roy Lee told TechCrunch. “Every single person who has a meeting or an interview is testing this out.” Cluely, one of Silicon Valley’s most-talked-about startups, offers products that use AI to analyze online conversations,

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a16z-backed Infinite Machine shows off cheaper, modular electric scooter

Transportation /

New York-based micromobility startup Infinite Machine has revealed a seated scooter called Olto that will cost $3,495 when it starts shipping later this year. The Olto will feature 40 miles of range, pulled from an easily swappable 48V lithium-ion battery. Infinite Machine says the Olto will have a top speed of 20 miles per hour

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Vijay Pande, founding partner of a16z bio and health strategy, steps down

Biotech & Health /

Vijay Pande, a general partner at Andreessen Horowitz who founded the firm’s a16z Bio + Health strategy, announced that he is stepping down from his role. Since its founding in 2014, a16z Bio + Health has raised four funds of nearly $3 billion each, including a $1.5 billion fund that closed in 2022. However, it’s

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Even a16z VCs say no one really knows what an AI agent is

AI /

Buzzwords that are stretched to the point of being meaningless are as old as the tech industry itself. The top current one is “AI agent” and its variants, like “agentic.” So, unsurprisingly, no one really knows what an AI agent is. Even people with software engineering backgrounds who work for Andreessen Horowitz, one of the premier venture

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Durin digs up $3.4M to automate drills for critical minerals exploration

Climate /

Finding new sources of critical minerals is a costly business. Worldwide, companies spent $12 to $13 billion on exploration in 2023. The upshot: mining is the definition of a hit-or-miss business. Companies today use advanced models of the Earth’s crust to pinpoint the best prospects, but even then only about three out of 1,000 attempts

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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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