American top investment firm Andreessen Horowitz (a16z) announced on January 9th that it has raised over $15 billion for its dedicated funds, with the goal of directly targeting the United States' global leadership in key technological fields.

Co-founder Ben Horowitz stated in the announcement that the U.S. is facing unprecedented global competitive pressure. He believes that the competition for national dominance over the next 100 years will be centered on two major technological architectures—artificial intelligence and cryptocurrency. Losing advantage in these two areas would put the U.S. at risk across multiple dimensions, including economy, military, and culture.

In terms of data scale, this $15 billion financing accounts for more than 18% of the total U.S. venture capital funding in 2025, vividly reflecting a16z’s absolute influence in the tech investment and financing sector.

Regarding investment allocation, a16z has adopted a multi-layered strategy. The Growth Fund alone accounts for $6.75 billion, focusing on supporting established tech companies to accelerate their expansion. The underlying logic is clear—first, grow and strengthen promising enterprises, then form industrial clusters. Infrastructure funds follow closely, targeting the underlying technologies that support the operation of AI and crypto ecosystems.

This investment logic is worth noting. a16z’s choices indirectly reflect that Web3 and AI are no longer niche concepts but are regarded by mainstream capital as strategic assets for national competitiveness. For industry practitioners, this signifies that industry cycles are undergoing profound changes.