Deutsche Telekom, a telecommunications juggernaut, has unveiled a strategic collaboration with the Fetch.ai Foundation, aimed at fostering the advancement of artificial intelligence (AI) technologies within the Web3 domain.
The partnership, outlined in a recent blog post, underscores the joint commitment to driving innovation in AI-based technologies across various sectors.
As the inaugural corporate partner of the Fetch.ai Foundation, Deutsche Telekom joins forces with the organization, established in February 2023 through a collaboration between Bosch and the blockchain platform Fetch.ai. The foundation is dedicated to pioneering practical solutions in mobility, industry, and consumer goods domains.
Deutsche Telekom’s subsidiary, MMS, is slated to assume the role of a validator for the Fetch.ai network. This collaboration is poised to bolster the network’s security and operational efficiency, leveraging autonomous agents powered by AI technology.
Furthermore, MMS and the Fetch.ai Foundation are slated to participate in the Bosch Connected Experience in Berlin on February 28 and 29, 2024. The event will feature a hackathon aimed at catalyzing advancements in Internet of Things (IoT) technologies.
Fetch.ai, renowned for its decentralized platform facilitating smart contracts and autonomous agents driven by AI, celebrated a significant milestone with over 15 million transactions recorded on the Fetch.ai Mainnet.
The alliance between Deutsche Telekom and Fetch.ai underscores a shared commitment to driving technological innovation and leveraging AI advancements to shape the future of the Web3 landscape.
