💰 a16z Eyes $10B for AI & Defense — But Crypto Gets Left Behind?! 🤔
Silicon Valley giant Andreessen Horowitz (a16z) — one of crypto’s biggest early believers — is now raising $10 BILLION for AI and defense, with no crypto fund in sight. 😮
Just one day after publishing a bullish “State of Crypto” report claiming “institutions have embraced crypto”, a16z seems to be pivoting away from Web3 — at least for now.
But here’s the twist: they’re still investing quietly — $50M in Jito (Solana) and $55M in LayerZero (cross-chain tech) this year alone.
So… is this a temporary pivot to chase AI hype or a signal that even VCs are playing it safe?
Crypto may be down in their portfolio, but not out of the game. 🧠💎
What do you think — are the smartest investors moving from crypto to AI, or just rotating before the next bull run? 🚀
