a16z creates a $1.1B ‘Machine Age’ fund to ‘accelerate the physical buildout of AI’

Automated excerpt

The firm’s aim with the new fund is to “open the throttle and accelerate the physical buildout of AI. ” The fund will focus on hardware, bucking the firm’s typical focus on the scaling power of software. We need cheaper and higher-bandwidth memory across the memory hierarchy. We need power efficient edge devices for AI to explore and interact with the world.

Selected automatically from source text; not independently written or fact-checked. Read the original for full context.