The market value of ai16z briefly broke through 700 million US dollars, setting a new historical high

On December 7, according to GMGN market data, the market value of ai16z, a Solana blockchain AI-driven VC DAO token, briefly exceeded $700 million, setting a new historical high with a 24-hour increase of 22.56%.

It is reported that ai16z is the first AI venture capital fund managed by Marc Andreessen and invests based on recommendations from DAO members. The goal of this fund is not to create an AI that imitates a16z founder Marc Andreessen but to surpass him in his area of expertise.