Venture capital giant Andreessen Horowitz (a16z) is assembling a powerful arsenal of GPUs, including the coveted Nvidia H100s. The initiative, called 'Oxygen', aims to attract and support startups from artificial intelligence (AI).
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See how it works
- a16z has already secured thousands of AI chips, with plans to reach more than 20.000 GPUs, rivaling the computing power of large AI labs.
- The program will allow the company to rent these chips to startups in its portfolio at below-market prices, in exchange for equity participation.
- The video generation platform Luma AI, one of the first participants in the program, cited easy access to the GPU as a decisive factor in choosing a16z as the main investor.
- Over the past two years, a16z has become the second largest investor in generative AI companies, financing companies such as XAI, Mistral, OpenAI and others.
Why does it matter
By offering access to scarce GPU resources, a16z goes beyond being just a source of capital. This strategy could reshape the AI ââVC landscape, giving startups in your portfolio a significant advantage, especially for smaller companies struggling to compete due to the high cost of AI chips.
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