ai16z, a venture capital firm run by AI agents, is now rebranding itself as ElizaOS as it continues to expand its technology and community.
Founder Shaw Walters shared this update with the community, outlining the project's evolution and future.
ai16z transitions to ElizaOS after a16z's request
Walters said the original name was a playful reference to the goal of raising $75,000 to create a self-funded venture capitalist. The project quickly grew beyond initial expectations, gaining significant attention and support.
With an expanding user base and widespread adoption, the company recognized the need for a distinct and unified brand identity.
Walters said the decision to rebrand as ElizaOS is a strategic move to position the project for future success. He explained that the new name opens up opportunities for collaboration with established players in the Web3 space.
Rebranding as ElizaOS opens exciting doors for collaboration with established players eager to leverage our innovative technology, Walters said at X.
However, it appears that venture capital firm Andreessen Horowitz, also known as a16z, has requested that the project change its name due to similarities. Chris Dixon, managing partner at a16z Crypto, revealed the request on the latest episode of the Unchained podcast. He explained that the name could cause confusion with the company’s well-established brand.
We weren’t connected to AI16z. I believe they’re in the process of changing it. We asked them. It was creating a bit of confusion, Dixon said.
Despite the change, Eliza, the project’s mascot, will remain the face of the AI platform. The ai16z ticker remains for now, but the community will decide on future changes once the DAO voting module is launched. Importantly, Eliza Labs has committed to no longer creating tokens.
The ai16z token recently experienced a massive surge after President Donald Trump announced a $500 billion investment in private AI infrastructure. However, at the time of writing, it remains down about 75% from its all-time high.
AI16Z Price Performance. Source: BeInCrypto
As Eliza Labs prepares for the next phase, they are working on Eliza v2, which promises to be the most feature-rich agent framework ever created. Walters emphasized the company’s commitment to building artificial general intelligence (AGI) and making a significant impact on the industry.
In just three months, we increased our AUM by 300x. We are now moving forward with a cohesive brand and working on Eliza v2 – the most feature-rich agent framework ever created, Walters added.
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