BlockBeats news, on December 31, according to GMGN market data, the market capitalization of the AI-driven VC DAO token ai16z on the Solana chain has surpassed 1.6 billion USD, currently reported at 1.61 billion USD, reaching a historical high with a 24-hour increase of 21.39%.
According to reports, ai16z is the first AI venture capital fund, fully managed by Marc Andreessen, investing based on recommendations from DAO members. The fund's goal is not to create an AI that mimics a16z founder Marc Andreessen, but to surpass him and outshine him in his areas of expertise.