Anjney Midha, the former Andreessen Horowitz general partner and early personal investor in Anthropic, is finally ready to talk about his highly anticipated AI infrastructure venture, for which he was trying to raise more than $10 billion, my colleague Katie has reported.

Midha says the new firm, AMP, is creating a “grid for AI,” similar to how electricity access is managed by a central grid, that will reshape how AI developers access hard-to-get servers. (AMP’s name aptly comes from “ampere,” the unit used to measure electrical current.)

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