Home Blockchain Bosch and Fetch.ai will create a base to finance the development of Web3

Bosch and Fetch.ai will create a base to finance the development of Web3

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Bosch and Fetch.ai will create a base to finance the development of Web3

Source: blockchain.news

A $100 million grant program will be made available as a result of the partnership between Bosch and Fetch.ai. All are welcome to participate in this effort. The initiative will provide financial assistance to promote research in the development of decentralized technologies, in addition to Web 3 and artificial intelligence (AI).

The Fetch.ai Foundation is an organization that will aim to promote the general adoption of innovative technologies such as artificial intelligence, next-generation software and Web3 technologies in the corporate sector. The establishment of the Fetch.ai Foundation is a joint project that both companies are working on as part of their combined efforts. The mission of this foundation will be to increase the adoption rate of the aforementioned technologies. This initiative will not only provide funding for research, but will also facilitate the development of decentralized technologies that have the potential to be used in the real world.

Fetch.ai, a startup with offices in Cambridge, Massachusetts, is currently in the midst of developing a decentralized machine learning network. Artificial intelligence is the main focus of the company’s research and development efforts. They have been working to bring this project to fruition, and they have been doing it in collaboration with the multinational engineering and technology company Bosch. The latter business offers a wide variety of Internet of Things (IoT) solutions and counts assisting in the development of artificial intelligence (AI)-enabled devices and appliances as one of its key strategic objectives. The firm also offers a wide range of IoT solutions. In addition, the firm offers a wide range of Internet of Things (IoT) solutions. The group is exploring the possibilities of incorporating Web3 technology into this ongoing effort as a possible new component of this ongoing project.

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