BlockBeats news, December 25, according to GMGN market data, the market value of the AI-driven VC DAO token ai16z on the Solana chain has surpassed $1 billion, currently reported at $1.04 billion, setting a new historical high, with a 24-hour increase of 46.93%.

According to reports, 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 imitates a16z founder Marc Andreessen, but to surpass him and excel in his strongest areas.