Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Caroline Ryan

FORGOTTEN HISTORY: Andreessen horowitz declares travis is back with 1 7b robotics bet | History Defined

3d,Render:,Industrial,Ai,Transformation:,Advanced,Human,Like,Robot,Working

Andreessen Horowitz is making a major bet on the future of AI-powered robotics, backing former Uber (NYSE:UBER) co-founder Travis Kalanick’s next venture with a $1.7 billion funding round for Atoms.

The investment, which also included Uber, Bain Capital, Fifth Wall and other backers, gives a16z a deeper connection to Kalanick’s latest effort to automate the physical world. Andreessen Horowitz co-founder Ben Horowitz is joining Atoms’ board, with the investor signaling its enthusiasm for the project by posting on X: "Travis Is Back," TechCrunch reported.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.