Fetch.ai a frontrunner in artificial intelligence (AI) development, has announced a significant partnership expansion with Peaqnetwork, marking a pivotal moment in the advancement of decentralized automation for DePin.
This collaboration comes on the heels of FETCH.ai’s unveiling of Fetch Compute, a $100 million initiative aimed at fortifying AI capabilities through Nvidia GPU investments. With Peaqnetwork joining the Fetch.ai Foundation, the stage is set for the integration of AI-enhanced decentralized automation into the burgeoning DePIN ecosystem.
We are proud to announce that @peaqnetwork has joined the https://t.co/kJ9URVpOul Foundation, paving the way for AI-enhanced decentralized automation for #DePIN 🤖
Read all the details in their latest post 👇 https://t.co/1TPnH8uQ22
— Fetch.ai (@Fetch_ai) March 7, 2024
Fetch Compute, powered by Nvidia H200, H100, and A100 GPUs, provides developers and users with unparalleled computing resources. This strategic move not only addresses GPU scarcity but also fosters innovation within the Fetch.ai ecosystem, enabling the exploration of complex models and solutions.
In tandem with this expansion, Fetch.ai introduces a novel reward mechanism, where users staking’s Fetch.ai native coin $FET earn Fetch Compute Credits. These credits can be utilized to offset GPU utilization costs on the Fetch Compute network, further incentivizing community engagement.
Introducing: Fetch Compute 🖥️
Following a $100M investment in our infrastructure, we have secured the future for our growing ecosystem with a decentralized computing platform, offering advanced AI-focused @nvidia #GPUs 🚀⚡
But wait, there's more for $FET stakers! 👀👇 pic.twitter.com/i9FYkJnkLZ
— Fetch.ai (@Fetch_ai) March 5, 2024
Humayun Sheikh, CEO of Fetch.ai, expressed enthusiasm about the partnership, stating, “We are proud to announce that Peaqnetwork has joined the Fetch.ai Foundation. This collaboration signifies a pivotal step towards unlocking the potential of AI-enhanced decentralized automation for #DePIN.”
Through this partnership, Peaqnetwork and Fetch.ai aim to revolutionize decentralized automation, paving the way for innovative applications across various sectors. This integration underscores Fetch.ai’s commitment to driving forward a more intelligent, efficient, and interconnected world.
