Fetch.ai Announces $100 Million Rewards
Crypto AI project Fetch.ai, built on Cosmos, is allocating $100 million to an infrastructure program, called Fetch Compute, that will expand tooling, computing power, and developer training capabilities, as well as provide GPU credits for your users.
According to the March 5 announcement, Fetch Compute will deploy Nvidia H200, H100, and A100 GPUs to create a platform that developers and users can leverage for computing power, with funding coming from the Fetchi.AI ecosystem fund.
"The move is expected to accelerate the pace of innovation within the fetch.ai ecosystem by providing the ability to explore complex models and solutions," the developers wrote. Additionally, "users who stake Fetch.ai's native currency, $FET, will earn Fetch Compute Credits as rewards, which they can then use to pay for GPU usage on the Fetch Compute network," starting March 7.
Humayun Sheikh, CEO of Fetch.ai, commented: "By uniting substantial computing resources with our unique computational credits system, we are ensuring our community has the support and tools they need to bring their visionary AI projects to life." Currently, Fetch.ai's infrastructure is comprised of the DeltaV search-based AI platform, which uses Language Models (LLMs) and AI agents to match users with computational services.
