Report from investment power a16z says ‘AI and crypto are converging’

The well-connected investment firm a16z says a convergence of artificial intelligence and crypto is helping to fuel investment and address potential regulatory issues such as concentration in the AI market, in its annual “state of crypto” report.

The report posted Oct. 22 identifies AI-crypto convergence as one of the year’s top seven takeaways in the crypto domain. Andreessen Horowitz, known as a16z, is a prominent AI and crypto investment firm with close ties to the Trump administration.

“Crypto could...