Andreessen Horowitz, known as A16z, has made big bets in AI, backing competitors to AI heavyweight OpenAI. It has participated in large funding rounds for AI model startups including Elon Musk's xAI, Sutskever's Safe Superintelligence and France-based Mistral.
Andreessen Horowitz is a California-based venture capital firm that focuses on investing in early-stage companies in industries such as AI, gaming, fintech and crypto.