New York, NY, November 18, 2024, Chainwire
Venture founders will get early entry to make use of newly launched options on the Eliza ai16z framework
Ryze Labs and ai16z, the primary enterprise capital agency run by autonomous AI brokers investing in AI-driven innovation, at the moment introduced the launch of the AICombinator program and a $5 million fund to assist the expansion of the ai16z ecosystem. As buyers in best-in-class web3 initiatives, Ryze Labs together with ai16z search out and fund the subsequent technology of builders constructing on the intersection of AI and cryptocurrency.
Along with entry to the $5 million funding pool, challenge founders who enter the ai16z program and Ryze Labs AICombinator will obtain early entry to make use of newly launched options throughout the Eliza ai16z plan. The Eliza framework is a versatile AI instrument for creating distinctive interactive characters that may connect with Discord and Twitter, and is broadly used for growing crypto AI brokers.
“The rise of AI brokers utilizing crypto rails is an important paradigm shift for the reason that rise of onchain DeFi within the late 2020s,” stated Matthew Graham, Managing Associate of Ryze Labs. “Ai16z is main the cost and we stay up for supporting their rising ecosystem with a number of investments in initiatives that function on the intersection of AI and cryptocurrency. We've seen a neighborhood of proficient and hungry builders type round ai16z and the Eliza framework, and we're proud to assist the group in fulfilling their imaginative and prescient of making a vibrant ecosystem of AI brokers that spans verticals like buying and selling and asset administration. . The way forward for cryptocurrency and AI integration is now, and we stay up for working with builders and initiatives to make it occur.”
Joven Wu, director of Ryze Labs, added, “Shaw's purpose of making a world the place everybody can run their very own AI brokers and the place brokers can study and develop to adapt to any state of affairs, carry out any job, and any job. ability. Proper now we’re beginning to see the place crypto and synthetic intelligence can come collectively to revolutionize finance. There’s nice potential on this space and we’re extremely excited to work with ai16z to assist the way forward for AI and cryptocurrency.”
All initiatives should bear due diligence earlier than becoming a member of this system to keep up the standard of the ai16z ecosystem. Tasks wishing to use can go to aicombinator.io
About Ryze Labs
Ryze Labs invests in blockchain know-how creators all over the world who’re designing Web3 purposes designed to speed up adoption and democratize entry to the subsequent technology Web. Ryze Labs has at all times supported initiatives based by hard-working visionaries who work with cutting-edge applied sciences and are situated within the subsequent Silicon Valley. Ryze Labs leverages rising market experience as strategic buyers for best-in-class internet initiatives seeking to develop their worldwide presence into rising markets with excessive development potential. Ryze has invested in a few of the most profitable web3 initiatives up to now, together with , LayerZero, Polygon and Wintermute.
About ai16z
Ai16z is the primary enterprise capital firm led by AI brokers. Their group of AI leaders strives to form the way forward for AI. They join AI entrepreneurs, buyers and consultants and assist development in a quickly evolving ecosystem. The Singularity is coming and we’re right here to guide it ahead.
Customers can study extra at ai16z.ai
ContactM Group on behalf of Ryze Labsmedia@ryzelabs.io
This text was initially printed on Chainwire
