Andreessen Horowitz (a16z) announced a new $7.2 billion venture capital fund.

The fund will diversify investments across sectors such as gaming, defense, logistics, aerospace, app development, and infrastructure.

A16z is expanding into emerging markets, notably cryptocurrency and American Dynamism initiatives.

The firm's latest move reflects a broader VC industry trend of growth and diversification.

The new fund underscores a16z's evolution to support startups in unconventional areas, including blockchain technology.

Andreessen Horowitz now manages $42 billion in assets, indicating its significant presence in the VC market.