a16z crypto led a $43m Series A round in Gensyn.

a16z crypto, a venture capital fund, led a $43m Series A round in Gensyn, a software development company. “The recent advancements in AI are incredible, but substantial computational power requirements give big technology companies an advantage over startups in the race to capture AI’s value. We believe nobody combines the knowledge and cultural understanding of both the AI and crypto cypherpunk worlds better than Gensyn, and look forward to partnering with them to make infrastructure for AI much more widely accessible,” Ali Yahya, a16z crypto General Partner.