Andreessen Horowitz (a16z) is all-in on artificial intelligence.
In 2024 so far, a16z has backed more than 20 AI startups working within disruptive categories. For example, this year, it has invested in several AI-driven copilots and agents designed to automate key workflows in big industries like healthcare and finance. It has also turned its attention to multimedia generation startups expediting the creation of a wide variety of content, from images to videos to audio.
While championing AI’s advancement, the firm also acknowledges associated risks — its founders are proponents of open-source models, arguing that their transparency and accessibility will help ensure that AI is developed in a secure and ethical way. So far this year, the two largest a16z-backed AI deals have gone to open-source large language model (LLM) developers xAI and Mistral AI.
Using CB Insights data, we uncovered 5 strategic technology priorities highlighted by Andreessen Horowitz’s AI bets in 2024 so far (as of 8/19/24). We then categorized companies across these priorities:
- Agents & copilots
- Multimedia generation
- Foundation models
- Automated vehicles
- Diagnostics & therapeutics
