TechFlow news, November 18 — According to Decrypt, Ryze Labs has partnered with ai16z, the world's first venture capital firm operated entirely by autonomous AI agents, to launch the AICombinator program and establish a $5 million fund to support the development of the ai16z ecosystem.
Selected projects will gain early access to new features of the ai16z Eliza framework. Eliza is a flexible AI tool designed for creating interactive characters that can connect with platforms such as Discord and Twitter, and is currently widely used in crypto AI agent development.
Matthew Graham, Managing Partner at Ryze Labs, stated that AI agents leveraging cryptographic rails represent the most significant paradigm shift since the rise of on-chain DeFi at the end of 2020. Ryze Labs previously invested in prominent Web3 projects including Solana, LayerZero, Polygon, and Wintermute.
