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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 … Read more
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Andreessen Horowitz is defending its decision to hire Daniel Penny, according to an investor memo seen by The New York Times. The venture capital firm caused a stir earlier this week after it announced it would hire Penny, who was acquitted last year of choking a homeless man to death in the New York City … Read more
Powerhouse venture firm Andreessen Horowitz has hired Daniel Penny as an investor, its web page confirms. Penny is the former Marine who was tried last year and found not guilty of criminally negligent homicide in the death of a homeless man on a New York City subway. After the man acted erratically, Penny held him … Read more
Andreessen Horowitz general partner and Mistral board member Anjney “Anj” Midha first spied DeepSeek’s jaw-dropping performance six months ago, he tells TechCrunch. That’s when DeepSeek introduced Coder V2, which rivaled OpenAI’s GPT4-Turbo for coding-specific tasks, according to a paper it released last year. This put DeepSeek on a path to release improved models every couple … Read more
Despite news that Andreessen Horowitz (a16z) closed its London crypto-focused office, the VC giant has dozens of scouts across Europe looking for early-stage startups, reports Sifted. Some scouts are said to work at companies like Poolside and 11x, the latter of which just raised a $50 million Series B led by the firm. Though many … Read more
U.K. documents show that the U.K.’s Department of Business and Trade spent five years convincing Andreessen Horowitz to create a presence in London, only for the U.S. firm to leave 18 months after launching an office, according to government documents obtained by Sifted. In 2023, a16z launched a crypto office in London, deeming the crypto … Read more
Key Takeaways Andreessen Horowitz is scaling back UK crypto operations to refocus on US opportunities. Bitcoin prices have surged post-election as Trump’s executive order signals potential lighter regulations for crypto. Share this article Andreessen Horowitz (a16z), one of Silicon Valley’s leading venture capital firms, is shifting its crypto focus back to the US, scaling down … Read more
The world of fashion is moving at a faster pace each year. Most retailers introduce new styles each season, and fast-fashion companies like Shein, H&M and Zara update their collections continuously. To keep pace with the rapid demand for new styles, brands and manufacturers have been turning to tech to accelerate their design process. Raspberry … Read more
Key Takeaways xAI raised $6B in Series C funding with major investors like BlackRock, a16z, and Fidelity. NVIDIA and AMD support xAI’s infrastructure through advanced GPU technology. Share this article Elon Musk’s artificial intelligence company xAI, announced Monday it had raised $6 billion in a Series C funding round, with backing from major investors including … Read more
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