Data: ai16z market value exceeds 1 billion USD, setting a new historical high

ChainCatcher news, according to GMGN market data, the AI-driven VC DAO token ai16z on the Solana chain has surpassed a market capitalization of 1 billion USD, currently reported at 1.04 billion USD, reaching a historic high with a 24-hour increase of 46.93%.

It is reported that ai16z is the first AI venture capital fund, fully managed by Marc Andreessen, and invests based on recommendations from DAO members. The goal of the fund is not to create an AI that mimics a16z founder Marc Andreessen, but to surpass him and excel in the areas where he is most skilled.