Andreessen Horowitz announced on October 22 that it was renaming a16z Crypto to a16z Frontier, following a report by The Information earlier that day. Its fifth fund, totaling $2.2 billion, will now target not only cryptocurrencies and blockchain, but also artificial intelligence, autonomous machines, and networks connecting people with software agents. Chris Dixon described the move as an expansion, adding that the firm will continue investing in crypto ventures and advocating for sensible crypto regulation. The fund was initially presented as entirely crypto-focused, but a16z did not specify how capital would be allocated between crypto and other frontier technologies, or whether the rebranding would change the legal names of individual investment vehicles.
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