a16z launches a $1.1B Machine Age Fund

Andreessen Horowitz raised a $1.1 billion Machine Age Fund to invest across AI infrastructure—from chips, memory, and networking to data centers, robotics, and home devices. The firm says rack power has moved from roughly 5–10 kW for H100 systems to 100–250 kW today and could reach 1 MW within three years, a capital signal that makes Anthropic’s $16.3 million-per-megawatt-year compute bill look like a supply-chain constraint rather than an abstract forecast.