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Marc Andreessen Once Predicted That AI Could Save The Economy, But Mark Cuban Thinks Corporations Will Fight To Keep Profits High
Thursday, May 22, 2025 - 6:03am | 740Venture capitalist Marc Andreessen in 2023 said that artificial intelligence could function as an economic catalyst. However, Mark Cuban believes entrenched corporate interests will resist letting it flourish freely. What Happened: In a sweeping essay and subsequent interviews, the a16z co-founder...
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Crypto Hits Unprecedented Growth: 7 Major Findings From 2024 Report
Thursday, October 17, 2024 - 10:34am | 606The 2024 State of Crypto Report from a16z crypto highlights significant growth in the industry, marked by all-time highs in activity and usage, along with major infrastructure improvements. What Happened: The report, authored by Daren Matsuoka, Robert Hackett and Eddy Lazzarin, presents seven key...
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Andreessen Horowitz Eyes Private Equity With New Fund Launch: Report
Tuesday, June 25, 2024 - 3:17am | 510Andreessen Horowitz, the renowned venture capital firm, is reportedly gearing up to launch its first private equity fund, as per documents. What Happened: The firm’s new private equity fund, named a16z Perennial Private Equity Fund, will be focused on the private equity asset class, as per...
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Grandma Wins At Crypto: A16z Reveals Plan To Make Web3 Easier For Everyone
Thursday, December 21, 2023 - 4:01pm | 680Venture capital firm Andreessen Horowitz (a16z) on Friday released its 2024 predictions report, which focused on democratization, user experience and the integration of artificial intelligence (AI) as the driving forces behind crypto's evolution. Decentralization Takes...
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Decentralization Evolves, AI And Blockchain Merge: A16z Makes Predictions For 2024
Thursday, December 7, 2023 - 2:03pm | 348Venture capital firm a16z is predicting a future where blockchain technology is becoming more user-friendly and accessible. What Happened: According to its annual trend report, a16z is betting that developers will make it easier for people to use and interact with decentralized applications (dApps...
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15-Minute City London Aims To Be A Hotbed For Startups, Venture Capital Once Again
Tuesday, October 24, 2023 - 11:55am | 774Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...
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SEC Who? Andreessen Horowitz Finds True Love With UK's Embrace Of Blockchain Brilliance
Monday, June 12, 2023 - 10:16am | 570Amid the U.S. Securities and Exchange's crackdown on the crypto industry, venture capital firm Andreessen Horowitz (a16z) intends to expand its horizons to the U.K. The San Francisco-based firm commends the country for what it considers an innovative approach to cryptocurrency and...
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Mystery Solved: a16z Crypto's 'Orange Ball' Was Hype For New Layer-2 Rollup Client 'Magi'
Thursday, April 20, 2023 - 7:40am | 139Andreessen Horowitz’s web3 investment arm, a16z Crypto on Tuesday announced the release of a new Layer-2 rollup client called Magi. What Happened: The announcement comes after a day of cryptic tweets featuring images of orange balls. a16z Crypto had teased a launch on Twitter with a picture...
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US Losing Edge In Crypto Industry Due To Regulatory Issues, a16z Report Shows
Wednesday, April 12, 2023 - 7:58am | 413As regulatory scrutiny of digital asset firms continues to escalate in the U.S., there has been a decline in America’s leadership position in the crypto industry, according to a new report released by venture capital firm Andreessen Horowitz, also known as ‘a16z.' What Happened: The...
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Andreessen Horowitz Invests $40M In CCP Games For Next-Gen Blockchain MMO Game
Tuesday, March 21, 2023 - 6:48pm | 361Iceland-based video-game developer CCP Games announced on Tuesday that it raised $40 million in a funding round led by Andreessen Horowitz, with participation from other investors such as Makers Fund, Bitkraft and Nexon, among others. The new capital will be used to expand CCP Games'...
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Elon Musk's SpaceX Raising $750M In Fresh Funding Round Led By a16z: Report
Monday, January 2, 2023 - 10:46pm | 415Elon Musk-led SpaceX is reportedly raising $750 million in a fresh funding round that would value the company at $137 billion. What Happened: The latest funding round is likely to be led by Andreessen Horowitz, CNBC reported, based on internal SpaceX communications. In December, it was...
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A16z-Backed 5G Project Token Rallies 32%, Outperforming Bitcoin, Ethereum
Thursday, December 22, 2022 - 1:05am | 318Helium (CRYPTO: HNT) surged 32% on Wednesday, topping intraday gains and outpacing apex crypto Bitcoin (CRYPTO: BTC), and Ethereum (CRYPTO: ETH). What Happened: At the time of writing, HNT was trading at $2.14. One of the biggest catalysts behind the surge has been the announcement that...
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Web3 Infrastructure Company Mysten Labs Raises $300M: What You Need To Know
Thursday, September 8, 2022 - 4:09pm | 507Mysten Labs, a Web3 infrastructure company and developer of the Sui Layer 1 blockchain, on Thursday announced a $300-million raise in Series B funding that values the company at over $2 billion. The round was led by FTX Ventures, with participation from a16z crypto, Jump Crypto, Apollo,...
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India's Crypto Crackdown Resumes As It Accuses a16z-Backed Coinswitch Kuber Of Violating Forex Laws
Friday, August 26, 2022 - 4:48am | 525India's anti-money laundering agency has accused a16z-backed crypto exchange CoinSwitch Kuber of violating forex laws, Bloomberg reported, citing sources. What Happened: India's Enforcement Directorate (ED) carried out searches at five premises of...
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Why Are Ethereum (ETH) Users 'Willing To Pay' Over $15M In Fees?
Wednesday, May 18, 2022 - 5:43am | 426A report from venture capital firm a16z’s cryptocurrency research team delves into why Ethereum (CRYPTO: ETH) remains the most popular smart contract network despite its expensive gas fees. What Happened: In the report, a16z presented an overview of how the cryptocurrency industry has evolved...