a16z announced this week that it is investing in and incubating the independently operated Horowitz-Andreessen Institute in San Francisco, targeting high school graduates. The firm is investing $35 million, with total fundraising reaching $42 million. The institute will open in fall 2027, offering a one-year tuition-free program for about 50 students, with inaugural students promised over $50,000 in computing credits. Nvidia, Google, Meta, OpenAI, and other companies are founding partners, and Sam Altman, Jensen Huang, Fei-Fei Li, and others will teach.