Venture capital firm Andreessen Horowitz is launching a two-year program aimed at recent high school graduates and college dropouts to identify and train young talent building AI, with partnerships from Palantir, Google, and Meta.
Andreessen Horowitz's crypto arm published a blog arguing that blockchain throughput has improved sufficiently and the industry should now prioritize other infrastructure constraints like fair execution for financial markets. The firm is backing initiatives including a blockchain-powered 24/7 federally licensed bank.
The Office of the Comptroller of the Currency granted preliminary conditional approval to both Revolut and a16z-backed OpenReserve to establish national banks in the US. Both companies plan to offer cryptocurrency services, though additional approvals from FDIC and Federal Reserve are still required.
The U.S. Office of the Comptroller of the Currency granted preliminary approval to OpenReserve Bank, a blockchain-based banking venture backed by Andreessen Horowitz, to operate as a federally licensed national bank. The bank, founded by former MoneyLion executives, aims to connect traditional banking with blockchain infrastructure and digital asset services while operating 24/7.
Miami-based fintech Felix Pago closed a $200 million Series B round, with $87 million in equity led by Andreessen Horowitz and $113 million in debt. The company enables WhatsApp-based remittances to Latin America, settling most transfers in USDC without users directly handling crypto.
Andreessen Horowitz has closed a $1.1 billion Machine Age Fund dedicated to investing in the physical infrastructure layer of artificial intelligence, including chips, cooling systems, robotics, and data center hardware as AI rack power density approaches 1 megawatt.
The U.S. Justice Department has been investigating Andreessen Horowitz for nearly a year over whether the venture capital firm's partners improperly hold board seats at competing AI and data companies. The probe focuses on potential conflicts involving partners like Ben Horowitz at Databricks and Martin Casado at Fivetran.
The Justice Department is investigating whether Andreessen Horowitz investment partners are improperly serving on the boards of competing artificial intelligence companies. The probe has been ongoing for nearly a year.
President Donald Trump is expected to participate in an August 19 White House meeting with executives from major crypto and prediction-market companies including Coinbase, Ripple, Andreessen Horowitz, Chainlink, and Kalshi. The meeting comes as bitcoin and crypto prices have struggled through 2026 despite Trump's support for the industry.
Proof of Play, the Andreessen Horowitz-backed Web3 gaming studio behind fully on-chain RPG Pirate Nation, announced it is ceasing operations after concluding it could not build a scalable and sustainable blockchain gaming business. The company will open-source Pirate Nation assets while an independent foundation continues supporting the PIRATE token.
Atoms, Travis Kalanick's robotics company, raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company's board, with participation from Bain Capital and Fifth Wall.
Digital Asset Holdings secured $355 million in funding led by Andreessen Horowitz, with participation from HSBC, Apollo, CME, BNP Paribas, Abu Dhabi Investment Authority, and over 20 other institutional investors. The round values the Canton Network blockchain developer at approximately $2 billion and will fund expansion of its institutional tokenization infrastructure.
The US Senate is advancing stablecoin legislation through the Clarity Act while blocking CBDCs, as Andreessen Horowitz urges the Treasury to establish uniform stablecoin regulations under the GENIUS Act to preserve token fungibility and enable payment innovation.
Andreessen Horowitz's crypto division announced its fifth dedicated crypto fund with $2.2 billion raised, marking one of the largest crypto venture funds launched in 2026 and bringing total commitments across all a16z crypto funds to over $7 billion.
AI coding assistant Cursor is reportedly in discussions to raise over $2 billion at a $50 billion valuation, with returning backers Andreessen Horowitz and Thrive expected to lead the round amid strong enterprise adoption.
OpenAI has completed a $122 billion funding round—the largest in Silicon Valley history—valuing the company at $852 billion. The round includes $3 billion from retail investors and comes as the company prepares for an anticipated IPO later this year.
