Silicon Valley
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One of the world’s most prominent technology investors is considering taking a stake in a British artificial intelligence (AI) start-up which builds automated digital workers. Sky News understands that Andreessen Horowitz – commonly known as A16Z – is targeting an investment in 11xAI, which launched last year. A16Z backed companies including Airbnb and Facebook when…
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As part of its efforts to help boost innovation across various sectors, the administration of President Joe Biden this week selected, out of 370 applicants, 31 U.S. regional technology hubs that will be eligible for US$500 million in federal funding. To attract more private sector investments, Biden’s “industrial policy” will use federal government dollars to…
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