Fetch.ai, a UK-based startup focused on building decentralized machine learning tools, has secured $40m in funding. The company is leveraging blockchain technology and FET tokens to enable communication and actions between AI applications, with a view to making the work produced by them more actionable. Fetch.ai’s platform aims to create a new paradigm for developers and entrepreneurs by offering a decentralized approach to machine learning. The funding has been provided by DWF Labs, an incubator connected to an entity called Digital Wave Finance.
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