Deutsche Telekom Partners with Fetch.ai Foundation to Advance AI Technologies in Web3 Industry
Telecommunications company Deutsche Telekom has formed a partnership with the Fetch.ai Foundation to drive the development of artificial intelligence (AI) technologies in the Web3 industry. As the first corporate partner of the foundation, Deutsche Telekom will collaborate with Bosch and Fetch.ai to find practical solutions in the areas of mobility, industry, and consumer goods.
Deutsche Telekom’s subsidiary MMS will serve as a validator for the Fetch.ai network, ensuring the security and efficiency of the network’s autonomous agents powered by AI. The partnership will also see MMS and Fetch.ai participating in the Bosch Connected Experience event in Berlin, where a hackathon will be held to foster IoT technology development.
Fetch.ai is a decentralized platform that enables the creation and utilization of smart contracts and AI-driven autonomous agents. In addition to this collaboration, Fetch.ai recently achieved a milestone of over 15 million transactions on its Mainnet.