AI Open Platformprovider (company) Fetch.ai announced the launch of its new Innovation Lab, a lab whose goal is to provide organizations and consumers with practical technology solutions that will help them increase the value of their business on a global scale.
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Fetch.ai says the lab will provide a suite of resources, including funding, expert mentorship and strategic support, to help entrepreneurs feel more confident in tackling the complexities of AI development. The lab will also organize competitions and rapid development opportunities to foster innovation.
To support the operation of this new lab, Fetch.ai has committed $10 million per year to fund projects focused on building AI intelligent agent solutions. These projects will leverage Fetch.ai's technology stack to realize the full potential of AI, said Humayun Sheikh, CEO of Fetch.ai, adding that the lab will bring together world-class institutions, research teams, and companies to foster innovation and accelerate the development of impactful AI-driven solutions.
In addition to the Innovation Lab, Fetch.ai has also launched the Innovation Ambassadors Club, a club that wants to support people who are known as ambassadors and innovators to help them develop new applications using Fetch.ai's AI intelligent agents. Members of the club will be able to access support and networking opportunities, and there will also be regular hackathons, programming nights and workshops.
Additionally, Fetch.ai has launched an "Internship Incubator Program" to attract those talented individuals to work on high-impact projects, providing them with experience and resources.