Popular artificial intelligence (AI) blockchain platform Fetch.ai (FET) announced a $100 million infrastructure investment.
In the article shared on its official blog page on March 5, Fetch.ai stated that it will expand the tools and training capabilities offered to developers. 100 million dollar infrastructure announced its investment called Fetch Compute.
In the statement, it was stated that Fetch Compute enables users to benefit from the artificial intelligence economy. deepen the foundations And To increase the ability to create applications designed $100 million It was stated that it was a project.
To create a platform that Fetch Compute can use for developers Nvidia H200, H100 and A100 GPUIt was stated that he would use . With this move, solutions for complex models will progress faster.
Additionally, as of March 7, 2024, FStaking echt.ai’s native cryptocurrency FET users as rewards Fetch Compute Credit will get it. Users will be able to use these credits to pay for GPU usage on the Fetch Compute network.
According to CoinGecko data, FET experienced an increase with the announcement. FET, $1.78 from levels 9% with increase for $1.95 reached up to. FET finds buyers at $1.87 at the time of writing.