Ai16z and Ryze Labs have revealed a new incubator, the AICombinator program. The new partnership is described as the first venture capital firm run by autonomous AI agents investing in AI-driven innovation.
Ryze Labs invests in blockchain tech around the world.
Initially, the program will include a $5 million fund.
Participants will gain access to the newly launched features in the ai16z’s Eliza framework, which is described as a flexible AI tool for creating unique, interactive characters that can connect to Discord and Twitter and for developing crypto AI agents.
Matthew Graham, Managing Partner of Ryze Labs, believes the rise of AI agents that leverage crypto is the biggest paradigm shift since DeFi.
“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.”
All projects are expected to pass due diligence checks before joining the program.
