Fetch.ai, a blockchain-based platform, has launched an innovation lab in San Francisco to advance AI solutions leveraging its tech stack.
Real-World AI Applications
Humayun Sheikh, the CEO of Fetch.ai, stated that the San Francisco hub will support projects that bring AI applications to real life. Startups will receive funding and expert mentorship. > “Our mission is to unite world-class institutions, research teams, and businesses in a collaborative environment that not only nurtures innovation but also accelerates the development of impactful, AI-driven solutions,” - Humayun Sheikh. The center also includes a startup accelerator initiative, an ambassador innovator club, and an internship incubator program. Activities will include technical workshops and hackathons.
Quest for Artificial Superintelligence
Fetch.ai’s AI center launch follows the company’s ongoing efforts to revolutionize the Artificial General Intelligence (AGI) space. This follows the merger with SingularityNET and Ocean Protocol under the Artificial Superintelligence Alliance. AGI aims to apply AI to solve everyday human issues such as climate change, healthcare, and education. The merger of FET, AGIX, and OCEAN into ASI is a strategic step in this mission. SingularityNET has allocated $53 million for developing hardware to support AGI advancement, while Fetch.ai has announced a $100 million investment commitment to deploy Nvidia GPUs to enhance developer capabilities.
Fetch.ai continues to expand its capabilities and invest significantly in AI technology development, highlighting their commitment to innovation and collaboration in this field.
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