Andreessen Horowitz has closed its $1.1 billion Machine Age Fund, committing capital to foundational AI infrastructure: advanced chips, data centers, robotics and power systems.
The fund's focus on compute and energy directly intersects with blockchain infrastructure. AI model training and blockchain transaction validation both demand massive energy and server resources. The capital infusion could accelerate decentralized physical infrastructure networks (DePINs) that leverage distributed GPU capacity. On-chain data shows rising interest in DePIN tokens over the past quarter, with several protocols recording increased unique active wallets.
A16z will prioritize companies developing next-generation AI chips, a segment dominated by Nvidia. The fund also targets cooling solutions and energy management systems—critical for scaling AI clusters. This focus on core infrastructure components aims to build resilience into the expanding AI supply chain.
The venture firm's crypto arm has previously invested in Web3 infrastructure projects, signaling potential synergies between the new AI fund and its existing digital asset portfolio. Institutional capital flowing into physical AI assets could drive further development in crypto infrastructure, creating participation opportunities for long-term holders in the convergence of AI and blockchain compute layers.
