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The Latest Breaking News from a16z

U.K. government meets Big Tech—including a16z crypto: ‘Unlike in the U.S., it’s not political’

As crypto remains politicized in the U.S., across the pond, it’s bridging the gap.

Fortune

Silicon Valley is at war with itself over Kamala Harris vs. Trump, fighting in the open and spending millions to win

One investor says they have “lost lots of friends” over their position in this year’s election.

Fortune

Ethereum co-founder Vitalik Buterin warns against voting on crypto policy, as a16z founders endorse Trump

One of crypto’s most influential voices is arguing that a candidate's track record of protecting freedom is the most important consideration on the ballot.

Fortune

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Co-founders of Silicon Valley venture capital firm back Trump’s presidential bid

Ben Horowitz and Marc Andreessen, founders of A16Z, plan to give large donations to former president’s campaign

The Guardian - UK

It's AI's "Sharks vs. Jets"—welcome to the fight over California's AI safety bill

The bill aims to regulate the development and use of the most powerful AI models. Critics say it will stifle innovation.

Fortune

Andreessen Horowitz plans to launch a private equity fund, documents show

The new fund will likely be for clients of a16z’s new wealth management division.

Fortune

Venture giant a16z ramps up political push with additional $25 million donation to crypto super PAC Fairshake

a16z crypto head Chris Dixon announced the donation at Consensus on Thursday, bringing the firm's total contributions to Fairshake to $47 million.

Fortune

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Coinbase and Haun Ventures invest $11 million in Neynar, a toolbox for Web3 social networks

Neynar provides tools for developers to build decentralized social networks.

Fortune

'AI Town': A Simulation Game with a Mind of Its Own

AI Town lets users interact with AI-powered characters in a virtual world, showcasing potential future applications of AI.

International Business Times UK

Silicon Valley doesn’t care about Big Tech’s AI conflicts of interest

Generative AI technology is blurring the lines between businesses and bringing fresh scrutiny to the boardroom roles of heavy-hitters like Reid Hoffman and Marc Andreessen.

Fortune

a16z and Founders Fund lead $13.5 million round for crypto onboarding startup Dynamic Labs

The company previously raised $7.5 million in a seed round led by a16z.

Fortune

A surprising number of lobbyists are pulling strings for Silicon Valley

An interesting, but little-known compliance requirement makes private equity and VC firm employees register as lobbyists.

Fortune

Andreessen Horowitz is adding major California pension funds to its LP base for the first time, records show

A16z has raised $400 million from CalPERS for a new fund, and it is seeking at least one investment from CalSTRS.

Fortune

OpenAI's 'unusual' board can make unilateral decisions without asking permission from anyone—like deep-pocketed backer Microsoft and Satya Nadella

OpenAI says it wants to make decision on behalf of all of humanity, not its backers. Its investors aren't happy to learn that.

Fortune

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Fortune

How OpenAI’s unusual governance structure backfired

OpenAI’s corporate structure limits control from any of its shareholders.

Fortune

a16z-backed smlXL emerges from stealth after a $13.4 million raise to help make blockchains more accessible

The company was founded by former Lyft executive Dor Levi.

Fortune

Is your designer bag really a designer bag? IYK has raised almost $17 million to help you prove it

The a16z-backed startup, cofounded by Ryan Ouyang and Christopher Lee, wants to put T-shirts—and a lot of other merchandise—on the blockchain. Adidas has already signed on.

Newsroom.co.nz

MPs' report ignores track record of crypto boosterism

The government's inquiry into cryptocurrencies is based on hype and wish fulfilment rather than the proven track record of crypto and web3, argues Dr Olivier Jutel

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The Guardian - AU

Uncharted territory: do AI girlfriend apps promote unhealthy expectations for human relationships?

Chatbots such as Eva AI are getting better at mimicking human interaction but some fear they feed into unhealthy beliefs around gender-based control and violence

Fortune

Sound wants to be the next iTunes, and it just raised $20 million from the likes of a16z and Snoop Dogg

“We need new ways to experiment with how we value and monetize music,” said cofounder and CEO David Greenstein.

Fortune

VC billionaire Marc Andreessen rips the 'big companies' that want to regulate A.I. for being 'bootleggers'

“Big companies basically want a government protected cartel,” Andreessen says on the Bio Eats World podcast. “They want basically a regulatory barrier.”

The Guardian - UK

TechScape: The US is clamping down on cryptocurrency – is the UK next?

Regulators have launched two big lawsuits against Binance and Coinbase, and Rishi Sunak could mine the benefits

Fortune

a16z is expanding outside the U.S. for the first time with a crypto London office

The move comes amid regulatory crackdowns from the SEC.

Fortune

Andreessen Horowitz announces first international expansion—a U.K. crypto outpost

The venture giant is making a bet on the emerging digital asset hub.

Fortune

OpenAI's Sam Altman raises $115 million for Worldcoin, the eyeball-scanning crypto project to combat AI bots

Backers for Worldcoin developer Tools for Humanity include Blockchain Capital, a16z crypto, and Bain Capital Crypto

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