What a16z is actually funding (and what it’s ignoring) when it comes to AI infra

Andreessen Horowitz raised $15 billion in new funding, allocating $1.7 billion to its infrastructure team. This division manages major AI investments including OpenAI, Cursor, ElevenLabs ($11B valuation), Ideogram, and Fal. Partner Jennifer Li leads the team's investment strategy, focusing on identifying high-potential AI infrastructure opportunities and determining which sectors receive priority funding.