AI-driven venture capital firm ai16z, which is part of the AI-powered venture capital DAO (decentralized autonomous organization) token on the Solana chain, has just broken a record by reaching a market value of over $400 million. This is the first time an AI venture capital fund has been established, and it’s all thanks to Marc Andreessen, the founder of a16z.
Ai16z uses recommendations from DAO members to make investment decisions and aims to outperform the best in the industry.