A16z just raised $1.7B for AI infrastructure. Here’s where it’s going.

Andreessen Horowitz allocated $1.7 billion from its $15 billion fundraising round to its AI infrastructure team. Led by partner Jennifer Li, the team invests in prominent AI companies including OpenAI, Cursor, ElevenLabs (valued at $11B), Ideogram, and Fal. This substantial commitment reflects a16z's strategic focus on foundational AI infrastructure and tools shaping the industry's growth trajectory.