Business · Companies · 1 hr ago
a16z team to visit South Korea to explore AI hardware partnerships
US venture capital firm Andreessen Horowitz, known as a16z, says managing partner Raghu Raghuram and members of its infrastructure investment team will visit South Korea.
The visit follows the launch in September of a $1.1 billion fund focused on AI hardware and infrastructure.
The fund covers areas including chips, computing, memory, networking, power, cooling and data centers.
In South Korea, the team plans to meet companies and industry figures to discuss technology development and ways to bring products to market.
The firm says it sees potential for cooperation in semiconductors and robotics, areas where South Korea has strengths in memory chips and advanced manufacturing.
The meetings will also explore possible partnerships with a16z's portfolio companies and ways to support Korean businesses, but no specific deals have been announced.
Andreessen Horowitz (a16z) said managing partner and general partner Raghu Raghuram will visit South Korea with its infrastructure investment team.
The team plans to meet companies and industry representatives in AI hardware and infrastructure to discuss technology development and commercialization.
It will also explore partnership opportunities with a16z portfolio companies and ways to support growth by South Korean firms.
The visit follows a16z’s creation in September of an $1.1 billion fund focused on AI hardware and infrastructure.
a16z identified semiconductors and robotics as potential areas for cooperation with South Korea.
- Who
- Raghu Raghuram and a16z’s infrastructure investment team.
- What
- They will visit South Korea to discuss AI hardware and infrastructure opportunities, including possible partnerships.
- When
- The visit was announced on October 12; the visit date is not stated.
- Where
- South Korea.
- Why
- To explore technology development, commercialization and partnerships in AI hardware and infrastructure.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
a16z established an $1.1 billion fund focused on AI hardware and infrastructure.
a16z announced that Raghu Raghuram and its infrastructure investment team would visit South Korea.
- Fund size
- $1.1 billion
- Fund focus
- AI hardware and infrastructure
- Team leader
- Raghu Raghuram, managing partner and general partner
- Potential cooperation areas
- Semiconductors and robotics
- Visit destination
- South Korea
Sources
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