Andreessen Horowitz has appointed former Congressman Patrick McHenry as a senior advisor for technology policy, leveraging his extensive experience in cryptocurrency regulation and financial innovation.
As the RNC draws to a close on July 18, attention will shift towards the DNC scheduled from August 19 to August 24.
Unlike its competitors, Mistral AI chose to make its model available as a free download instead of providing access through APIs. This approach empowers developers to run the model on their own devices and servers.
This move by a16z signals the firm’s intent to actively partake in the development of some of the core tech that power the companies it backs with its venture dollars.
Chris Dixon opens up on a16z’s venture model.
The biggest investor in the funding round has been Andreessen Horowitz (or a16z). Other investors included General Catalyst, Samsung Next, Invesco Private Capital, and more.
Andreessen Horowitz will soon cease to be a venture capital firm, veering away from the majority of its Sand Hill Road neighbors in Silicon Valley to instead become a registered investment advisor, or RIA.
Andreessen Horowitz has made a new investment in the developing crypto industry. a16z has committed a total of $15 million to the MakerDAO project.