Tag Archives: a16z

CoinspeakerCrypto VC Fund 1kx Raises $75M from Major Investors Since its establishment, 1kx has gained recognition for its investments in early-stage infrastructure, consumer applications, and middleware companies. Crypto VC Fund 1kx Raises $75M from Major Investors

Coinspeakera16z Crypto Unveils Startup Accelerator (CSX) Program for Spring 2024 With the new cohort scheduled for spring 2024, a16z has opened applications for interested projects to pitch for the next batch in the Fall.  a16z Crypto Unveils Startup Accelerator (CSX) Program for Spring 2024

CoinspeakerSaudi Arabia in Talks with VC Giant Andreessen Horowitz to Build $40B AI Fund Two insiders disclosed that negotiations have not reached a final stage and chose not to reveal their identities due to press communication regulations. Saudi Arabia in Talks with VC Giant Andreessen Horowitz to Build $40B AI Fund

CoinspeakerEveryrealm Introduces New Advertising and Rewards Platform for Web3 Users Everyworld's innovative rewards model aims to create a more equitable and sustainable future for digital engagement.  Everyrealm Introduces New Advertising and Rewards Platform for Web3 Users

Unlike its competitors, Mistral AI chose to make its model available as a free download instead of providing access through APIs. This approach empowers developers to run the model on their own devices and servers. French Artificial Intelligence (AI) startup Mistral AI has reached a valuation of $2 billion following the conclusion of a successful funding round which raised €385 million ($415 million) to further develop its innovative technology and open-source software. Significance of...

At present, the training and operation of AI models is restricted to large tech companies. Crypto has the potential to help create multi-sided, global, permissionless markets where anyone can contribute data and be compensated for it. Venture capital firm Andreessen Horowitz (a16z) has released its “big ideas” for 2024, with its crypto arm composing a list of trends to look forward to in crypto in 2024. The list contains trends that the firm’s crypto partners are looking forward to across...

With a valuation of $2 billion within its first year, Mistral’s rapid ascent reflects the tech industry’s unwavering optimism regarding the future potential and profitability of AI businesses. Mistral AI, a formidable competitor to OpenAI, is in the final stages of securing approximately €450 million ($487 million) in a funding round. Notable investors, including Nvidia Corp and Salesforce Inc, are backing the venture, valuing the artificial intelligence company at around $2 billion,...

Andreessen Horowitz, to date, is arguably one of the most prolific investors in the blockchain space. Andreessen Horowitz (a16z) is reportedly planning to raise a $3.4 billion fund that will be designated for early-stage and seed-stage crypto businesses. The development was shared by Axios, which also cited other sources. According to Axios, a16z, the Silicon Valley venture capital firm “plans to raise new growth, crypto and bio vehicles in 2025.” And, for what it’s worth, the intended...

The core concept of IYK revolves around the integration of NFC (near-field communication) chips into merchandise and apparel. Besides, the platform is also popular among musicians and artists. IYK, a Web3 startup whose clientele includes Adidas, Billionaire Boys Club, and Atlantic Records, has successfully raised over $16.8 million in a seed round. Founder Ryan Ouyang announced this milestone on his official X (formerly Twitter) account, emphasizing that a16z Crypto, also known as...

Bastion plans to use the funds to scale its operations, attract top engineering talent, and secure additional licensing to diversify its product offerings. Bastion, a newly launched Web3 startup co-founded by two former executives from Andreessen Horowitz‘s digital assets venture division a16z Crypto, has secured $25 million in a seed funding round despite recent challenges in the venture capital landscape. In an official press release on September 18, the company announced that its former...