The post Ai16z and Ryze Labs Partner to Launch AICombinator Program, Announce $5M Fund to Support Developers appeared on BitcoinEthereumNews.com.

New York, NY, November 18th, 2024, Chainwire Project founders will receive early access to use newly launched features on ai16z’s Eliza framework Ryze Labs and ai16z, the first venture capital firm run by autonomous AI agents investing in AI-driven innovation, today announced the launch of an AICombinator program and $5M USD fund aimed at supporting the growth of the ai16z ecosystem. As investors in best-in-class web3 projects, Ryze Labs, together with ai16z, are finding and funding the next generation of developers building at the intersection of AI and crypto. In addition to access to a $5M funding pool, project founders who enter the ai16z and Ryze Labs AICombinator program will receive early access to use newly launched features in the ai16z’s Eliza framework roadmap. Eliza framework is a flexible AI tool for creating unique, interactive characters that can connect to Discord and Twitter, and is widely utilized for developing crypto AI agents.  “The rise of AI agents that utilize crypto rails is the most important paradigm shift since the rise of onchain DeFi in late 2020,” commented Matthew Graham, Managing Partner of Ryze Labs. “ai16z is leading this charge, and we’re eager to support their growing ecosystem by making several investments in projects that operate at the intersection of AI and crypto. We’ve seen a community of talented and hungry developers form around ai16z and the Eliza framework, and we are proud to support the team as they fulfill their vision of creating a vibrant ecosystem of AI agents that extend into verticals such as trading and asset management. The future of crypto and AI integration is now, and we look forward to working with the devs and projects making it happen.” Joven Wu, Principal at Ryze Labs added, “We’re really impressed by Shaw’s goal to create a world where…

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Filed under: News - @ November 19, 2024 1:24 am