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AI News from ET - Andreessen Horowitz makes a $3 billion bet against the AI bubble

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The venture capital firm, which goes by the nickname a16z, set up a dedicated $1.25 billion war chest in 2024 for bets on AI infrastructure, a term that the fund defines more broadly than the costly chips and data centers that make AI run. This month, the firm said it would commit another $1.7 billion to the effort.

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