Former Andreessen Horowitz Partner Raises $1.3 Billion for GPU Compute Utility, Betting on Scientists as Founders

Anjney Midha, a 34-year-old former general partner at Andreessen Horowitz, has raised $1.3 billion to launch AMP, an infrastructure platform pairing artificial intelligence compute access with venture capital for startups and academic researchers. The initiative builds on Midha's experience running Oxygen, a16z's internal GPU-pooling program that provided portfolio companies access to over 20,000 graphics processing units. AMP transforms that model into an independent system operator for compute, aggregating underutilized GPUs from data centers into a shared network where AI labs can access hardware on demand.