ChainThink message, August 28: According to an official announcement from a16z, the Silicon Valley venture capital firm a16z has raised $1.1 billion for its latest fund, the Machine Age Fund, focusing on full-stack computing infrastructure that underpins AI operations.

The fund's investment scope covers complete systems including chips, memory, networking, storage, data centers, robotics, and consumer AI devices.

a16z states that over the past year, AI has seen a clear inflection point in application capabilities and work types, evolving from chat and reasoning to knowledge-intensive tasks such as programming, driving an order-of-magnitude increase in demand for computational power and Tokenized incentives.

a16z emphasizes that its team brings deep expertise in hardware, data centers, chip design, network architecture, and large-scale computing systems, and has established a comprehensive resource network spanning market expansion, talent acquisition, marketing, customer engagement, supplier integration, and U.S. manufacturing—aimed at supporting next-generation AI hardware entrepreneurs.