2 years ago
Fetch.ai grabs $40M to provide monetization and tooling for AI-generated information
Fetch.ai, a blockchain startup, raises $40M to provide monetization and tooling for AI-generated information
The startup aims to build a platform for decentralized machine learning and autonomous agents.
ProblemTechnology
"making AI-generated information more actionable, and providing a more equitable and traceable approach to AI by way of distributed ledgers for entities to feed data into models"
Solution
"Fetch.ai's platform helps enable communication and actions between AI applications, providing tooling for 'autonomous agents, network infrastructure, and decentralised machine learning', and allows for the creation of learning models using distributed ledgers"