Tag Archives: andreessen horowitz

CoinspeakerDFINITY Foundation Unveils New and Updated Roadmap for Internet Computer (ICP) The Internet Computer (ICP) has grown significantly in the past three years backed by top investors such as Andreessen Horowitz, Polychain Capital, and Multicoin Capital. DFINITY Foundation Unveils New and Updated Roadmap for Internet Computer (ICP)

While meme coins have seen a massive resurgence this year, this has raised concerns for certain industry players. Chris Dixon – a general partner at Andreessen Horowitz (a16z) – has expressed concern over the US regulatory system, questioning why meme coins were allowed to thrive while cryptocurrency companies and blockchain tokens with useful applications “get stuck in regulatory purgatory” due to potential classification as securities. Trapped in “Regulatory Purgatory”...

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

Tech-focused venture giant Andreessen Horowitz (a16z) has invested $100 million in the Ethereum-based EigenLayer, suggesting that VC funding in crypto may be on course for a revival. As reported by Bloomberg on Thursday, a16z was the sole backer of the funding round, which marks the largest investment ever received in EigenLayer by a wide margin. Restaking With EigenLayer, Explained The next largest investment in the platform was a $50 million raise in March during a funding...

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...

The potential deal might put the company’s value anywhere from $5 billion to $6 billion. Character.AI, an artificial intelligence startup founded by former Google employees, is in the early stages of discussions to secure substantial funding, possibly exceeding $5 billion in valuation, Bloomberg reported on Thursday, citing people familiar with the matter who wished to remain anonymous. According to the report, the company, having emerged as an early frontrunner in the realm of generative...

More than $115 million was raised last week alone across a number of crypto startups. The largest raise of the week was blockchain game studio Proof of Play which netted $33 million in a round led by Andreessen Horowitz. The firm will use the funding to fuel the growth of its invite-only, on-chain pirate role-playing game, Pirate Nation. Its ambition is to create a decentralized “Forever Game” that does not rely on creator intervention or external servers to continue to...

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...