According to TechFlow, on November 18, Decrypt reported that Ryze Labs and ai16z, the world's first venture capital firm operated by autonomous AI agents, announced a partnership to launch the AICombinator program and set up a $5 million fund to support the development of the ai16z ecosystem.
Selected projects will receive early access to new features of the ai16z Eliza framework, a flexible AI tool for creating interactive characters that can connect with Discord and Twitter, and is currently widely used in crypto AI agent development.
Matthew Graham, managing partner of Ryze Labs, said that AI agents using crypto rails are the most important paradigm shift since the rise of on-chain DeFi at the end of 2020. Ryze Labs has previously invested in well-known Web3 projects such as Solana, LayerZero, Polygon, and Wintermute.