Fetch.ai and electronic engineering giant Bosch jointly launch the Fetch.ai Foundation, which will invest more than $100 million in the next 3 years

AI project Fetch.ai has announced a partnership with German electronics engineering giant Bosch to form the Fetch.ai Foundation to research, develop and leverage Web3 technologies for practical use cases across mobile, industrial and consumer domains. According to CryptoPotato, Fetch.ai founder and CEO Humayun Sheikh said that over the next three years, the Fetch.ai team will seek to invest more than $100 million in the field of industrial AI through various grant programs.