a16z's Matt Bornstein and others talk adding $1.7B to its $1.25B AI infrastructure fund, focusing on early rounds; Ben Horowitz calls it "one of the best funds" (Bloomberg)

Summary

— I have an opinion on the Meta layoffs that is contrary with most of the VR industry and much of the media, but strongly held. This is not a disaster. They still employ the largest team working on VR by about an order of magnitude. Nobody else is even close. The “Meta is