Report: Andreessen Horowitz Seeks to Raise $20 Billion for American AI Startups | PYMNTS.com

Report: Andreessen Horowitz Seeks to Raise  Billion for American AI Startups | PYMNTS.com

Andreessen Horowitz is reportedly seeking to raise $20 billion for a tech investment fund focused on growth-stage investments in American artificial intelligence (AI) companies.

The fund will seek global investors that want to invest in the U.S. tech industry at a time when President Donald Trump is encouraging companies to make products in the U.S., Reuters reported Tuesday (April 8), citing unnamed sources.

It is in its early stages and could take several months to close,…

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