Major Tech Investor Raises $1.1 Billion for AI Hardware

Andreessen Horowitz has raised $1.1 billion for its "Machine Age" fund, investing in computer chips, data storage, data centers, and robotics. This follows a $1.25 billion AI fund in 2024 and a $15 billion raise in January 2026, showing a focus on the physical technology behind AI. The firm called AI advancement a "social and national imperative."