ai16z Market Cap Surpasses $16 Billion, Reaching an All-Time High

BlockBeats News, December 31st, according to GMGN market data, the Solana-based AI-driven VC DAO token ai16z has surpassed a $16 billion market cap, currently at $16.1 billion, reaching a new all-time high with a 24-hour growth rate of 21.39%.

ai16z is described as the first AI venture capital fund, managed entirely by Marc Andreessen, and invests based on recommendations from DAO members. The fund's goal is not to create an AI that emulates a16z founder Marc Andreessen but to beat him and surpass him in his own areas of expertise.