The U.S. DOJ is investigating Andreessen Horowitz over concerns that the venture capital firm's partners may be improperly sitting on the boards of competing AI companies, Bloomberg News reported on Monday, citing people familiar with the matter.
The companies involved include Databricks and Fivetran, which are backed by the venture capital firm, Bloomberg said. Andreessen Horowitz co-founder Ben Horowitz sits on Databricks' board, while partner Martin Casado serves on Fivetran's board.
Both companies provide tools that help businesses collect, organize and analyze large volumes of data.
Casado was also on the board of a similar company, called dbt Labs, which was acquired by Fivetran in June, according to the report.
Andreessen Horowitz and the Department of Justice did not immediately respond to Reuters' requests for comment.
The firm, which is also an investor in OpenAI, and its co-founders Horowitz and Marc Andreessen have given a combined $12 million since Trump's second inauguration to MAGA Inc., a political committee aligned with the president.
