According to the Daily Planet, people familiar with the matter revealed that Andreessen Horowitz (a16z) plans to raise a total of $6.9 billion for a series of new funds, including two funds focused on artificial intelligence. The company is raising funds for a master fund, half of which will be used for the company's fourth growth fund. The remaining half of the target fundraising amount will be used for two specialized artificial intelligence funds, a gaming fund and a fund to support startups in the field of American vitality. a16z defines American vitality as companies that "solve America's most pressing problems," including industries such as aviation, defense, and manufacturing. a16z will wait until next year to raise more cash for its cryptocurrency and bio funds, and a16z will invest $4.5 billion in crypto funds in 2022.