According to a report by Cointelegraph, Silicon Valley's well-known venture capital firm Andreessen Horowitz (a16z) is planning to raise $20 billion to establish a growth-stage investment fund focused on artificial intelligence. If successful, this will become the largest fund in the company's history. The fund is expected to attract international limited partners looking to invest in U.S. AI companies, with some of the funds earmarked for follow-on investments in AI startups within a16z's existing portfolio, such as Databricks and xAI.