WSJ Tech News Briefing · Friday, August 28, 2026
Venture capital firm Andreessen Horowitz has launched its first dedicated hardware infrastructure fund, dubbed Machine Age, raising over $1 billion. The fund will concentrate on AI processors, memory chips, networking equipment, data storage, and robotics, signaling a strategic shift towards hardware despite the firm's historical focus on software.
“We exclusively report that VC firm Andreessen Horowitz raised over a billion dollars for its first dedicated hardware infrastructure fund.”
“Dubbed Machine Age, the fund will focus on AI processors, memory chips, networking equipment, data storage, and robotics.”
“A general partner at the firm said it raised the fund due to growing bottlenecks in AI infrastructure and an influx of founders building in the space.”