fetch

Fetch.ai, a blockchain-based platform, has recently announced a substantial investment of $100 million into their infrastructure, paving the way for the launch of a decentralized computing platform. This platform is poised to provide advanced AI-focused Nvidia GPUs, a move that is expected to significantly benefit developers within the ecosystem. As of 7 March 2024, users who stake the native coin $FET will be rewarded with Fetch Compute Credits, which can be used to pay for GPU utilization on the decentralized Fetch compute network.

The introduction of $FET for compute usage payment is being heralded as a breakthrough for developers who are eager to embark on resource-intensive decentralized AI projects. The availability of such powerful infrastructure is anticipated to spur a wave of new innovations within the developer community.

In parallel, Fetch.ai has also upgraded its AI Agent framework, enhancing the communication capabilities of its agents. The latest release enables agents to engage in sophisticated, stateful message exchanges rather than just simple query-response interactions. Agents can now sustain complex conversations that involve back-and-forth communication.

This upgrade also brings an improvement in connectivity. Developers can now broadcast messages to multiple unknown recipients instead of just a single known one. This feature, previously in experimental stages, has been integrated into the core framework, marking a significant evolution in how agents interact within the Fetch.ai ecosystem.

The dual announcements from Fetch.ai signal a strong commitment to fostering an environment conducive to cutting-edge AI development. As the platform continues to expand and refine its offerings, the developer community eagerly anticipates the innovative projects that these enhancements will enable.

Submitted by damian on

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