A16z Invests in Blockchain AI Project Positioned as Bitcoin Alternative
The Ambient network project, positioned as an alternative to the leading cryptocurrency, has attracted $7.2 million from a16z, Delphi Digital, and Amber Group, according to CoinDesk. The blockchain aims to provide “superintelligent AI” quickly, cheaply, and openly. Ambient co-founder Travis Good is convinced that Bitcoin’s encryption mechanisms are “becoming obsolete” and may “completely lose relevance […]