ai16z is a decentralized autonomous organization (DAO) governed by an artificial intelligence agent named Eliza. The project's name references the venture firm a16z, though they are not directly related. On November 18, 2024, AI16Z's token experienced a significant surge of over 50% following an acknowledgment from Eddy Lazzarin, the Chief Technology Officer of a16z Crypto, who indicated ongoing discussions between the venture firm and the AI16Z DAO. This interaction highlights the growing interest and potential collaboration between traditional venture capital entities and AI-driven decentralized organizations.