Andreessen Horowitz, the venture capital giant, will open its first Asian office in Japan, Nikkei reports.
Why it matters: Silicon Valley firms are courting Japanese investors as U.S.-China tensions over high-tech industries, like AI and semiconductors, keep intensifying.
"Japan has lagged behind in fostering startups and was not previously considered a primary fundraising target for overseas venture capitalists. However, it is emerging as a key alternative to China," according to Nikkei.
Andreessen Horowitz(a16z) established its first international office in London last year.
