BlockBeats News, November 18th, according to GMGN market data, the on-chain AI-driven VC DAO token ai16z on Solana surpassed a $5 billion market cap, hitting a new all-time high with a 24-hour gain of 13.2%.
ai16z is introduced as the first AI venture capital fund, fully managed by Marc Andreessen, and invests based on recommendations from DAO members. The goal of this fund is not to create an AI that mimics a16z founder Marc Andreessen but to beat him and surpass him in his own field of expertise.
