New York, NY, November 18, 2024, Chainwire
Undertaking founders will get early entry to make use of newly launched options on ai16z's Eliza framework.
Ryze Labs and ai16z, the primary autonomous AI agent-run enterprise capital agency investing in AI-driven innovation, at present introduced the launch of an AICombinator program and a 5-year fund million {dollars} geared toward supporting the expansion of the ai16z ecosystem. As buyers in prime Web3 tasks, Ryze Labs, along with ai16z, seeks out and funds the subsequent era of builders who’re on the intersection of AI and crypto.
Along with gaining access to a $5 million funding pool, mission founders who take part in ai16z and Ryze Labs' AICombinator program will obtain early entry to make use of newly launched options within the framework's roadmap Eliza from ai16z. The Eliza framework is a versatile AI software for creating distinctive, interactive characters that may connect with Discord and Twitter, and is extensively used to develop cryptographic AI brokers.
“The rise of AI brokers that use crypto rails is essentially the most vital paradigm shift for the reason that rise of on-chain DeFi in late 2020,” commented Matthew Graham, Managing Associate of Ryze Labs. “ai16z is main this cost and we sit up for supporting their rising ecosystem by making a number of investments in tasks that function on the intersection of AI and crypto. We've seen a neighborhood of gifted and hungry builders kind round ai16z and the Eliza framework, and we're proud to help the group in realizing their imaginative and prescient of making a vibrant ecosystem of AI brokers that spans verticals resembling buying and selling and asset administration. . The way forward for crypto and AI integration is now, and we sit up for working with builders and tasks to make it occur.
Joven Wu, Director of Ryze Labs, added: “We’re actually impressed by Shaw's purpose to create a world the place everybody can launch their very own AI brokers, and the place brokers can be taught and develop to adapt. to any state of affairs, carry out any job and grasp any state of affairs. ability. We’re simply starting to see the place crypto and AI can come collectively to revolutionize finance. There’s lots of potential on this space and we’re extraordinarily excited to accomplice with ai16z to help the way forward for AI and crypto.
All tasks should move due diligence checks earlier than becoming a member of this system in an effort to keep the standard of the ai16z ecosystem. Initiatives eager about making use of can go to aicombinator.io
About Ryze Labs
Ryze Labs invests in blockchain expertise builders world wide who construct Web3 purposes designed to speed up adoption and democratize entry to the subsequent era of the Web. Ryze Labs has at all times supported tasks based by hard-working visionaries, working with cutting-edge applied sciences, positioned within the subsequent Silicon Valley. Ryze Labs leverages its experience in rising markets as strategic buyers for blue-chip Web3 tasks in search of to broaden their worldwide presence in rising markets with excessive development potential. Ryze has invested in a number of the most profitable Web3 tasks to this point, together with LayerZero, Polygon, and Wintermute.
About ai16z
Ai16z is the primary AI agent-led enterprise capital agency. Their group of AI leaders goals to form the way forward for AI. They join entrepreneurs, buyers and AI specialists, driving development in a quickly evolving ecosystem. The singularity is coming, and we’re right here to information it.
Customers can be taught extra at ai16z.ai
ContactGroup M on behalf of Ryze Labsmedia@ryzelabs.io
This text was initially revealed on Chainwire
