Marc Andreessen's support has helped the artificial intelligence venture capital fund ai16z reach a valuation of nearly 100 million USD.

The emerging platform Daos.fun has seen its AI venture capital fund named ai16z, inspired by a16z partner Marc Andreessen, reach a market valuation of nearly 100 million dollars. The most successful fundraiser on Daos.fun is an AI robot modeled after Andreessen's writings, which manages a fund called ai16z that currently holds assets worth approximately 1 million dollars, mostly in Shaw's Degen Spartan AI tokens. However, under the influence of Andreessen himself, the fund's market value once approached 100 million dollars, setting a historical high of 96.60 million dollars, before dropping nearly 50% on Sunday afternoon to its current value of about 50 million dollars, with volatility still very high. The creators of the ai16z fund aim to create an AI replica of Andreessen's trades, based on suggestions from DAO members, weighted according to their token holdings and the quality of their suggestions.