a16z Drops Crypto From Its Name, Widens Bets to AI and Frontier Tech
Summary
Venture capital firm Andreessen Horowitz has rebranded its digital asset portfolio to focus on broader technological developments. The newly named unit will now invest in artificial intelligence, biology, and autonomous machines alongside its digital currency assets.
Andreessen Horowitz is renaming its crypto fund a16z Frontier and widening its scope to AI, autonomous machines and biology, saying the line between crypto and everyday tech has blurred.
Source: Read the full story at Decrypt
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