Breaking: Fetch.ai Partners Bosch For AI And Web3, Price Soars 100% This Month

Fetch.ai, a blockchain-based artificial intelligence (AI) and machine learning platform, has partnered with engineering and technology leader Bosch to form a Web3 foundation — Fetch.ai Foundation. The Fetch.ai Foundation will research and develop Web3 technology for real-world use cases in the mobility, industrial, and consumer industries.

Timeline of Fetch

A recent report found that the artificial intelligence (AI) market is estimated to grow at a Compound Annual Growth Rate (CAGR) of about 22.26 percent between 2022 and 2027. Reportedly, the size of the AI market is forecasted to increase by approximately $125.3 billion.

One of the largest Polygon (MATIC) and Shiba Inu (SHIB) whales on record is now accumulating a pair of Ethereum-based altcoin projects. The whale in question holds the keys to the 94th-largest Ethereum (ETH) wallet on record, worth about $132,163,000 at time of publishing. The whale's top holdings include $22.9 million of Ethereum (ETH), $21.

A slide in cryptocurrencies also sent many AI & Big Data Tokens toward the bloodbath. The Graph, the largest AI token by market capitalization, sank as much as 13.65 percent in the past 24 hours and was trading at $0.1519.

AI-based tokens have been on the rise since the beginning of 2023. Fetch.ai's price has surged massively along with other tokens like SingularityNET (AGIX), The Graph Token (GRT), and Ocean Protocol (OCEAN), etc, and many more.

Top AI Coins Price Analysis: The term AI(Artificial intelligence) has been buzzing around the world and crypto market since the launch of ChatGPT, which is a chatbot developed by OpenAI. Thus, with a massive surge in popularity, the cryptocurrencies associated with this AI technology recorded significant gains despite the uncertain market sentiment.

Fetch.ai and other AI-linked tokens have been soaring alongside the ChatGPT-driven artificial intelligence narrative. As a result FETUSD rallied more than 1,000% from lows and Google scrambled to launch its competitor called Bard.

Since its advent, the crypto market has witnessed multiple ups and downs and attracted investors to jump on this bandwagon. However, the latest trend that has shaken up the crypto space is the integration of artificial intelligence with the crypto market, leaving many investors questioning its future potential and market dominance.

The cryptocurrency, Fetch.ai (FET), has been the center of attention for investors, traders, and market experts following its phenomenal price increase over the last month. With a growth of 262% in the past month and a half, it has become one of the best-performing cryptocurrencies in 2023. However, the current outlook appears bleak.

Crypto tokens linked to artificial intelligence have seen a surge in interest after reports that Microsoft could invest $10 billion into ChatGPT creator OpenAI. The post ChatGPT says it has bills to pay as crypto AI tokens rise in wake of potential Microsoft deal appeared first on The Block.

With the cryptocurrency sector finally taking a respite from the months of chaos caused by the collapse of the crypto trading platform FTX, one coin has stood out for its remarkably high performance on the daily cryptocurrency charts – Fetch.ai (FET).