Summary · why it matters
The U.S. Department of Justice is investigating venture capital firm Andreessen Horowitz over whether its investment partners serving on the boards of competing artificial intelligence companies violates antitrust law. The probe focuses on Databricks and Fivetran, both backed by Andreessen Horowitz, with co-founder Ben Horowitz on Databricks' board and partner Martin Casado on Fivetran's board. Resolving such probes usually requires directors to resign from one of the competing boards, though the DOJ has not made final decisions and the investigation could end with no action. Databricks recently completed a $5 billion funding round valuing it at $190 billion.