Leading artificial intelligence companies OpenAI and Anthropic are set to expand their footprint in India, even as prominent venture capital firm Andreessen Horowitz (a16z) has denied reports suggesting plans to open an office in the country.

Earlier this week, multiple Indian media outlets reported that a16z was preparing to establish a Bengaluru office and seeking a local partner, signaling a potential surge in its Indian investments. However, Anish Acharya, a Bay Area–based general partner at a16z, called these reports “entirely fake news” on X. The firm also confirmed the statement through a spokesperson, putting speculation to rest.

Andreessen Horowitz has historically explored international markets but has maintained a measured approach. Earlier this year, the firm closed its Londo

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