Andreessen Horowitz just raised a whopping ⁠new $15 billion in funding⁠. And a $1.7 billion chunk of that is going to its ⁠infrastructure team⁠, the one responsible for some of its biggest, most prominent AI investments including Black Forrest Labs, Cursor, OpenAI, ⁠ElevenLabs⁠, Ideogram, ⁠Fal⁠ and dozens of others.  

A16z ⁠general partner with the infra team Jennifer Li⁠ (who oversees such investments as ElevenLabs – just valued at $11 billion); Ideagram and Fal, has a clear thesis on where the team is looking to spend it’s latest chunk of cash. 

Watch as Venture and Startups editor Julie Bort talks with Li on ⁠Equity⁠ about where a16z sees this AI super cycle going next, including the talent crunch hitting AI-native startups, why search infrastructure matters more than people think, and what kinds of companies are actually getting funded right now. 

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.