One of the major artificial intelligence crypto projects is on the rise due to a new partnership with electronics giant Bosch.
The team behind Ethereum-based altcoin project Fetch.ai (FET) To tell Together, they will accelerate the development of industrial applications based on AI and Web3 technology.
“Our mission is to foster advances in AI and Web3 technology, with a focus on creating a collaborative ecosystem where industry participants are ready to unlock new innovations and business opportunities. .
A transparent governing body initiated by Fetch.ai and Bosch, it brings together key industry participants to advance research and adoption of Web3 technologies, cryptography, and artificial intelligence, and advocate for the shared interests of these technologies. increase. “
News of the partnership has sent the price of Fetch.ai’s native token FET skyrocketing. FET is currently trading at $0.48, up 13.9% over the past 24 hours.
Altcoins are in tears this year alongside other AI-focused projects in the crypto space.
FET started the year at $0.09, and its current price of $0.48 shows a staggering 433% jump in 2023.
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