Quick take:
The lab features a startup accelerator program geared towards transforming startups into industry leaders by leveraging AI.
An ambassador innovator club that empowers ambassadors and innovators to develop new applications using Fetch.ai’s AI agents.
An internship incubator program designed to accelerate the careers of individuals in high-impact projects by providing them with experience and resources in AI.
Fetch.ai, the open-access decentralised machine learning network for AI agents has launched the Fetch.ai Innovation Lab in San Francisco. The lab will support startups developing AI agents using Fetch.ai’s technology.
According to the press material shared with NFTgators, the Fetch.ai Innovation Lab features three main programs.
The Fetch.ai Accelerator Program will see the AI infrastructure and marketplace provider invest $10 million per year as part of its strategy of helping transform startups into industry leaders with AI.
“With a focus on driving the evolution and adoption of AI applications, this accelerator program is designed to support and scale innovative solutions that are readily adoptable by businesses and consumers alike,” Fetch.ai said in a statement on Friday.
The accelerator features among other support structures, funding, expert mentorship and strategic support.
Fetch.ai is also introducing an Ambassador Innovator Club, an initiative designed to empower ambassadors and innovators to develop new applications using Fetch.ai’s AI agents. Members of the club benefit from a wealth of resources, support, and networking opportunities.
The club will also be tasked with hosting hackathons, code nights, and workshops as the Fetch.ai innovation lab endeavours to build a vibrant community of tech innovators.
The final piece of the innovation lab is an Internship Incubator Program designed to accelerate the careers of individuals in high-impact projects. The program will provide them with experience and resources in AI. Interns will be able to collaborate on real-world challenges, leveraging Fetch.ai’s Agents Technology.
Commenting on the announcement, Humayun Sheikh, CEO of Fetch.ai said the innovation lab highlights his company’s commitment to to transforming the future of AI by bringing cutting-edge agent-based technologies to real-world applications.
“Our mission is to unite world-class institutions, research teams, and businesses in a collaborative environment that not only nurtures innovation but also accelerates the development of impactful, AI-driven solutions.”
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The post Fetch.ai Launches AI Innovation Lab with $10M in Annual Funding appeared first on NFTgators .
