Andreessen Horowitz Launches $20 Billion Fund Targeting U.S. AI Growth

The venture capital firm begins raising its largest fund yet, aiming to back growth-stage American AI startups with global investor support.

Andreessen Horowitz has started fundraising for a $20 billion megafund, its largest to date, focused on American artificial intelligence companies.
The fund is dedicated to growth-stage investments and seeks to attract global investors interested in U.S. tech innovation.
A significant portion of the capital will be allocated to follow-on investments in existing AI portfolio companies like Databricks and Elon Musk's xAI.
The initiative aligns with U.S. economic policies, including tariffs designed to promote domestic manufacturing and attract foreign capital.
The fundraising process is in its early stages and is expected to take several months to complete.